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U.S. ITC Casts Blame On Ford Motor (NYSE:F) For Embracing The SK Innovation Battery Deals

The U.S. International Trade Commission (ITC) believes Ford Motor (NYSE:F) was deliberate in pursuing battery deals with SK Innovation. The body said that there was sufficient evidence showing that SK Innovation double-crossed LG Chem when it misappropriated its trade secrets. SK is guilty Reports also indicate that the South Korean electric vehicle (EV) battery maker has […]

Walmart Inc. (NYSE:WMT) Partners With Cruise To Pilot Autonomous Vehicle Deliveries In Scottsdale, Arizona

Walmart Inc. (NYSE:WMT) has partnered with General Motors Co.’s (NYSE:GM) subsidiary Cruise LLC to pilot autonomous delivery service in Scottsdale, Arizona. Walmart piloting autonomous delivery in Arizona Under this pilot program, consumers can place orders from their local Walmart store and the delivery will be through Cruise’s self-driving elector Chevy Bolt cars. Although the cars […]

Jim Farley, New CEO Of Ford Motor Company (NYSE:F), Vows To Introduce Affordable Cars For Everyone To Own One For Hassle-Free Commuting

The new CEO of Ford Motor Company (NYSE:F), Jim Farley, is committed to rolling out economical cars for everyone. He said the main urgency is to reduce costs, improve quality, and restructure underperforming businesses to turnaround the automotive operations. A break to the rising prices of cars Farley will introduce several operational changes and introduce […]

Ford Motor Company (NYSE:F) Buyers Can Test The 2021 F-150 Buyers Through A AR Experience

Ford Motor Company (NYSE:F) has launched new features to allow potential buyers to explore the new F-150 through their phones or tablets through AR experience. The vehicle maker is doing away with dealership experience in the new business model. But even before the coronavirus pandemic, car dealers were not so popular among car buyers. It […]

Ford Motor Co.’s (NYSE:F) YoY Q2 2020 Sales In China Rebound By 3% As COVID-19 Restrictions Ease

Ford Motor Co. (NYSE:F) car sales in China grew 3% in the June quarter compared to the same quarter a year ago due to strong demand following the easing of coronavirus pandemic restriction. Ford reports a 78.7% sequential growth in sales in China For the US automaker, this will be the first time in almost […]

Marry Barra Of General Motors Company (NYSE:GM) Expects To Run Plants At Full Capacity To Produce Popular Vehicles Soon To Realize Profits In China And Other Nations

CEO of General Motors Company (NYSE:GM) plans to operate all the plants to manufacture EV and derive handsome profits mainly in China because she expects a pickup in demand. She anticipates a recovery in demand for new vehicles despite ongoing coronavirus crisis. Low inventory Several auto plants are closed during coronavirus crisis for two months, […]

Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM) Report Sales Growth In China Through Ventures

It seems the largest auto market in the world is starting to recovers from the effects of the COVID-19 pandemic after Ford Motor Company’s (NYSE:F) two joint ventures reported growth in YoY sales in April. Ford Sales growth in China through a joint venture Chongqing Changan Automobile Ltd, which is the company’s main joint venture, […]

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 […]

Ford Motor (NYSE:F) Compelled To Delay The Unveiling Of Its Autonomous Vehicle Service

Ford Motor (NYSE:F) won’t unveil its autonomous vehicle service as had been planned earlier on. Reports indicate that the business guru will postpone the launch until 2022. It is for the same reason that has paralyzed many operations in other businesses, the COVID-19 pandemic. The deadly virus was for the first time reported in China, […]

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 […]

Jim Farley Expresses Determination To Move Ford Motor (NYSE:F) To The Pinnacle

The CEO of Ford Motor (NYSE:F) Jim Farley, has lately been seen to reflect on the humble beginnings of the company. The official seems quite carried away by his grandfather, who contributed a great deal to the company in the 20th century. He thinks about his roots and confesses that they greatly inspire him to […]

Ford Motors Company’s (NYSE:F) Report 26.1% Decline In 2019’s Vehicle Sales in China

Ford Motors Company’s (NYSE:F) China sales declined last year by 26.1% from the previous year as the company continues to struggle with prolonged overall sales in the Chinese market. The decline in market demand has affected the mass market for the company’s brand and sports utility cars. Ford Sold 567,854 cars in china in 2019 […]