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Ford And Rivian Abandon Plans To Develop A Lincoln-Branded Electric Vehicle

The COVID-19 pandemic has caused major disruptions in business operations around the globe. The auto industry is also one of the many segments that have been hit hard. A joint project between Ford Motor Company (NYSE:F) and Rivian won’t go as had been planned. It was a deal that would see the two develop a […]

Airon Corp Licenses Design Of Ventilators To GE Healthcare, A Subsidiary Of General Electric Company (NYSE:GE) For Bulk Production

Airon Corp has licensed its design of ventilators to GE Healthcare, a subsidiary of General Electric Company (NYSE:GE). In 100 days, GE healthcare will produce 50,000 ventilators in alliance with Ford Motor Company (NYSE:F). The requirement of ventilators surges significantly The need for ventilators has significantly increased worldwide because the coronavirus has infected 1.85 million […]

Jim Baumbick Of Ford Motor Company (NYSE:F) Partners With Airon Corp And General Electric Company (NYSE:GE) To Produce Compressed Oxygen Operated Ventilators

Jim Baumbick, Vice President (Enterprise Product Line Management) of Ford Motor Company (NYSE:F) said Airon Corp and General Electric Company (NYSE:GE) to manufacture 50,000 ventilators in their fight against the COVID-19 pandemic. The three companies are the first responders to help the patients at this difficult juncture. New Ventilators in just 100 days Jim while […]

Ford Motor Company (NYSE:F) Joins Hands With 3M Co (NYSE:MMM) And GE Healthcare To Quickly Produce Powered Air-Purifying Respirator And Ventilators

Ford Motor Company (NYSE:F) is working with GE Healthcare and 3M Co (NYSE:MMM) to produce ventilators and Powered Air Purifying Respirators (PAPR). The demand for ventilators, gloves, and N95 masks and other critical supplies has increased dramatically to fight the coronavirus across the globe. Healthcare workers need critical supplies Health workers, who serve the coronavirus […]

Fiat Chrysler Automobiles NV (NYSE:FCAU), General Motors Company (NYSE:GM), And Ford Motor Company (NYSE:F) Decides To Shutdown Plants On Fears Of COVID-19

The big three automakers – Fiat Chrysler Automobiles NV (NYSE:FCAU), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F) decides to shut down their plants on fears of COVID-19 pandemic and on growing pressure from United Auto Workers (UAW) Union. A Sudden change in the decision On the night of Tuesday, the three large automakers […]

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, […]

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