Ford announced it is recalling nearly 50,000 electric vehicles in response to a defect with the cars’ batteries, which could lead to a loss of power while driving. The automotive firm instructed dealers to stop selling Mustang Mach-Es produced between May 27, 2020, and May 24, 2022, that do not have the proper repairs. Ford…
Thousands of Electric Vehicles Recalled in US Over ‘No Start Condition’
Solid Power Aims to Ship First Solid-State Battery Cells by Year-End to BMW, Ford
Solid Power, a developer of solid-state batteries for electric vehicles, aims to begin shipping pre-production battery cells by year-end for validation testing by partners BMW and Ford Motor, the company said on Monday. In an interview, Doug Campbell, Solid Power’s chief executive and co-founder, said the Colorado company has set up a pilot production line…
Ford Spends $2000 More Per Car Than Tesla On This—CEO Farley Isn’t Happy
Ford Motor Co CEO Jim Farley said on Wednesday the legacy automaker has a far higher relative price for distribution than electric vehicle maker Tesla Inc. What Happened Farley said Ford’s distribution model per unit is $2,000 more expensive than that of Elon Musk-led Tesla and Ford has the potential to reverse those costs. “The first is the distribution model….
Is Ford Stock Revving to Take Off or Slamming on the Brakes?
Ford Motor Company opened lower on Wednesday in sympathy with the general market, which saw the S&P 500 trading over 1 percent lower. The legacy automaker-turning-electric vehicle giant, which plans to take on Tesla, Inc. in a battle for market share, has recently been flashing bullish indicators on its chart. For now, the bounce to…
Ford Sells Shares in EV Maker Rivian for $214 Million
Ford Motor Co. sold eight million shares of electric-car maker Rivian Automotive Inc. for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday. Ford now holds nearly 94 million shares, or a 10.5 percent stake, and is still the fourth-largest shareholder in the Irvine, California-based company, according to Refinitiv data….
Ford Recalls Explorer SUVs That Can Roll Away While in Park
DETROIT—Ford Motor Co. is recalling more than a quarter-million Explorer SUVs in the U.S. because they can roll away unexpectedly while shifted into park. The recall covers certain 2020 through 2022 Explorers with 2.3-liter engines, as well as 3-liter and 3.3-liter hybrids and the 3-liter ST. Also included are 2020 and 2021 Explorer Police hybrids…
Ford Recalls Over 650,000 Trucks; Windshield Wipers Can Fail
DETROIT—Ford is recalling more than 650,000 pickup trucks and big SUVs in the U.S. because the windshield wipers can break and fail. The recall covers certain F-150 pickups, and Ford Expedition and Lincoln Navigator SUVs from the 2020 and 2021 model years. Also included are F-250, 350, 450, and 550 trucks from 2020 through 2022….
Ford Motor’s Stock Heads South: Here’s Where to Watch for a Reversal
Ford Motor Co. was falling more than 5 percent on Thursday as it continued to trend within a confirmed downtrend pattern. A downtrend occurs when a stock consistently makes a series of lower lows and lower highs on the chart. The lower lows indicate the bears are in control while the intermittent lower highs indicate…
Premier Doug Ford’s Nephew to Run for Conservatives in Toronto Riding
Michael Ford, the nephew of Premier Doug Ford, will run for the Ontario Progressive Conservatives in the provincial election in June. He’s the Tories’ nominee for York South-Weston in northwestern Toronto, a part of the city where his family has deep roots. Michael Ford is currently a Toronto city councillor, representing the same community his…
Ford, GM to Halt Production at Two Michigan Plants Due to Parts Shortage
April 1, 2022
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Ford Motor Co. and General Motors will each halt production next week at a Michigan plant due to parts shortages, the two companies said separately on Thursday. No. 2 U.S. automaker Ford said it would suspend production at its Flat Rock Assembly Plant next week, where it builds the Mustang, due to the global semiconductor…
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