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Ford Motor Company (NYSE:F) Fulfills Its UAW Commitment And Invests $1.45 Billion To Manufacture SUVs And Electric Vehicles At Metro Detroit Plants

Ford Motor Company (NYSE:F) has fulfilled its commitments with UAW. The company will invest $1.45 billion in two plants at metro Detroit. Ford will manufacture autonomous, electric vehicles, Pickups, and SUVs at these new facilities. It will generate 3,000 jobs. The average annual wage for its employees will be equal to or over $61,047. Ford […]

Ford Motor Company (NYSE:F) Optimistic That Mustang Mach E Will Revive It

Ford Motor Company (NYSE:F) has unveiled its Mustang Mach E electric vehicle, and investors are turning to it now. This is a massive development for the automaker. It seems quite impressed to be one of the companies motivating others to venture into the development of electric cars. Musk congratulates Ford Congratulatory messages are flowing in. […]

Ford Motor Company (NYSE:F) Receives Harsh Criticism From U.S President Donald Trump Quality And Emissions

Ford Motor Company (NYSE:F) was on the receiving end of a tweet sent out by President Donald Trump through which he criticized the automotive manufacturer for building expensive vehicles that are less safe. Trump weighed in on automotive companies on Wednesday through the Tweet, with a particular focus on Ford for failing to support his […]

Ford Motor Company (NYSE:F) Orders Safety Recall Of 830K Models With Faulty Side Door Latches

Ford Motor Company (NYSE:F) has announced on Thursday that it will be ordering the regional safety recall of about 830,000 units of 2013-15 Ford C-MAX, 2013-15 Ford Escape, 2012-15 Ford Focus, 2015 Ford Mustang and Lincoln MKC, ane 2014-2016 Ford Transit Connect in North America to replace their side door latches. Safety Issue The pawl […]

Ford Motor Company (NYSE:F) Signals A Pick In US Auto Demand

Ford Motor Company (NYSE:F) has reported that the July sales in US fell compared to the same month and time last year. The results for the Fiat Chrysler Automobiles NV (NYSE:FCAU) were weaker, and the same results also applied to Nissan. This is evident that the automobile demand in the US might be falling or […]

Ford Motor Company (NYSE:F) Falcon Ute Shuts Its Production Operations In Australia

Ford Motor Company (NYSE:F) will be closing its Australian doors by the end of 2016 having rolled out its last unit of a two-door coupe utility vehicle on July 29 in Melbourne. Hostile manufacturing costs, weak sales, as well as losses of AUD$141 million and AUD$290 million, are some of the quoted factors that are […]

Ford Motor Company (NYSE:F) Teams Up With MIT Researchers On Mobility Research Project

Ford Motor Company (NYSE:F) has teamed up with researchers from the Massachusetts Institute of Technology so that it can work on a joint project involving mobility in urban areas. The aim of the project is to research on pedestrian movement in urban areas so that it can enhance public transportation services such as point to […]

UAW Chooses Fiat Chrysler Automobiles NV (NYSE:FCAU) For Negotiations

The United Auto Workers (UAW) has chosen Fiat Chrysler Automobiles NV (NYSE:FCAU) for negotiating a new labor agreement. The move came as a surprise as Fiat Chrysler is the smallest of the three auto makers in Detroit. The move also dodges the union’s tradition of negotiating with the strongest company to extract the best terms […]

General Motors Company (NYSE:GM) Setting The Stage For Announcement Of Navistar Partnership For Commercial Trucks

Analysts believe that General Motors Company (NYSE:GM) about to announce a commercial truck partnership with Navistar International. The Automotive manufacturer recently announced a partnership with ISUZU MOTORS LTD ADR (OTCMKTS:ISUZY) where the two will work together to develop new-generation cab over medium-duty truck. Sources believe that the partnership with Navistar will also focus on the […]

Pick Ford Motor Company (NYSE:F), Drop General Motors Company (NYSE:GM): Goldman Sachs Group Inc (NYSE:GS)

Ford Motor Company (NYSE:F) has been doing well since it introduced new truck line some time back. Its continuous good performance has prompted Goldman Sachs Group Inc (NYSE:GS) to place it in ‘Hot Stock’ list. At the same time, GS believes that the momentum of General Motors Company (NYSE:GM) is slowing down with time; hence, […]

Ford Motor Company (NYSE:F) To Share Its Electrified Vehicle Patents At A Fee

Ford Motor Company (NYSE:F) announced that it will share its electrified vehicle technology with other automotive companies at a fee to finance RND for the subject vehicles. Ford introduced the offer almost one year after Tesla Motors Inc (NASDAQ:TSLA) decided to share its vehicle patents with other firms. However, Tesla did not include any charge […]

Ford Motor Company (NYSE:F) Introduces Pay-Per-Minute Godrive Carpooling Service In London

Ford Motor Company (NYSE:F) has introduced its GoDrive car-pooling service into the public limelight that includes about 50 cars that have been distributed over 20 locations. The service was previously introduced as a closed beta that will host about 100 people. It is now open to roughly 2000 people who will have access to the […]

General Motors Company (NYSE:GM) Unveils Sixth Generation Chevrolet Camaro

General Motors Company (NYSE:GM) has introduced the sixth generation Camaro in the U.S. in its latest fight against the muscle cars in the Detroit that benefit from cheaper oil. The latest debut follows the official launch of its competitor Ford Motor Company (NYSE:F)’s Mustang Sports Car. Fiat Chrysler Automobiles NV (NYSE:FCAU)’s Dodge Challenger, Ford’s Mustang […]

Ford Motor Company (NYSE:F) Restarts Production in Venezuelaon Dollar Drought Breakthrough

Dearborn, Michigan-based automaker Ford Motor Company (NYSE:F) will kick start car sales in recession hit Venezuela after reaching an agreement with the country’s government. The Latin America oil producer is struggling with one of the highest levels of recession in the recent times attributed to low oil sales that has resulted in dollar drought. Production […]

Ford Motor Company (NYSE:F) Experiences Increasing Demand For Natural Gas Vehicles Like The F-150

Ford Motor Company (NYSE:F) announced its plans to introduce the 5.0 liter V8 engine to the F-150 pickup that will run on compressed natural gas. The new introduction will add to the growing portfolio of Ford manufactured vehicles that run on natural compressed gas. The company made the decision in response to the increasing demand […]

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