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About Ford Motor Co.

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification; mobility solutions, including self-driving services; and connected services. Ford employs approximately 187,000 people worldwide.
James Hackett

1 American Rd
Dearborn, Michigan 48126-2701
Phone: 13133223000


Ford, GM Layoff Another 500 Workers As Strikes Ripple Across Heartland
Oct 03, 2023 19:00pm

Ford, GM Layoff Another 500 Workers As Strikes Ripple Across Heartland After United Auto Workers expanded strikes against Ford Motor Co. and General Motors Co. on Friday, both automakers laid off an additional 500 workers at four Midwestern plants because of the worsening impacts of labor actions about to enter the third week. Reuters said Ford on Monday "was furloughing a total of 330 workers at its Chicago Stamping and Lima, Ohio Engine plants, while GM layoffs included 130 at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center." On Friday, UAW boss Shawn Fain expanded strikes against a General Motors plant in Lansing, Michigan, and a Ford Chicago assembly plant but spared Stellantis after last-minute talks that offered progress on a new four-year labor deal for UAW workers. "Our courageous members at these two plants are the next wave of reinforcements in our fight for record contracts," the union boss said Friday. He added, "We are not calling on additional members at Stellantis to go on strike because moments before this broadcast, the automaker made significant progress on the contract." The Wall Street Journal said, "With the layoffs disclosed by GM and Ford on Monday, more than 6,000 factory workers are off the job because of spillover effects from the strike.

Source:Zero Hedge
Ford temporarily lays off 300 more workers
Oct 03, 2023 16:20pm

NEW YORK CITY: Ford announced on Monday that over 300 more workers have been temporarily laid off due to "knock-on effects" from the ongoing strike against the company and two other US automakers. The strike against the so-called Big Three car manufacturers — Ford, Stellantis and General Motors — began on September 15 when a previous contract expired without a replacement. Instead of calling for all of its 146,000 members to strike at once, the United Auto Workers (UAW) union has deployed a targeted approach, adding more sites as the weeks drag on. Around 25,000 members have so far been called to stop work. "Our production system is highly interconnected, which means the UAW''s targeted strike strategy has knock-on effects for facilities that are not directly targeted for a work stoppage," Ford said in a statement on Monday. "Approximately 330 employees have been asked not to report to work," the statement added, saying the total number of "strike-related layoffs" at Ford now totaled 930.

Source:The Manila Times
Ford, GM Furlough 500 More Factory Workers Because of UAW Strike
Oct 03, 2023 15:59pm

Entering its 18th day, the work stoppage is affecting operations across four Midwestern plants for the automakers, leading to the furlough of factory workers..

Ford Cancels Some F-150 Lightning Dealer Orders For “Quality Checks”
Oct 03, 2023 15:52pm

Ford has canceled some dealer stock orders for the 2023 F-150 Lightning in recent days, according to the Detroit Free Press. The automaker confirmed to the paper on October 2 that the electric pickups are going through “additional quality checks” at the Rouge Electric Vehicle Center (REVC) in Dearborn, Michigan. “As a result, we have … The post Ford Cancels Some F-150 Lightning Dealer Orders For “Quality Checks” appeared first on Best News .

GM, Ford lay off 500 more workers, blaming strike
Oct 03, 2023 15:51pm

General Motors and Ford are laying off 500 additional workers between them, blaming the expansion of the strike announced by the United Auto Workers union at those companies on Friday.

Ford’s new F-150 Lightning Flash trim will have more range, a bigger screen, and a heat pump
Oct 03, 2023 10:00am

Image: Ford Ford announced a new “Flash” trim of the model year 2024 F-150 Lighting, with a bigger screen, longer range, and a heat pump to help improve battery conditioning on those colder days. The company said it is also expecting to make more F-150 Lightning deliveries to customers later this year after a factory shutdown restricted Ford’s supply of the electric truck. Ford says it is targeting an EPA-estimated range for Flash of 320 miles, which would fit neatly in between the automaker’s Standard Range and Long Range models. The F-150 Lightning Standard Range typically gets less than 300 miles of EPA-estimated range, while Extended Range variants can travel as far as 350 miles on a single charge. Ford says it is targeting an EPA-estimated… Continue reading…

Source:The Verge
Meta, Ford, GM, Oddity, WK Kellogg, and More Stock Market Movers
Oct 03, 2023 08:48am

A report says Meta Platforms is weighing a proposal that would charge Europeans almost $14 a month for ad-free versions of Instagram or Facebook, Ford and GM lay off an additional 500 workers amid the ongoing UAW strike, and Oddity Tech issues third-quarter guidance higher than initial forecasts.

US Broadens Investigation Into Ford Engine Failures
Oct 02, 2023 16:56pm

The National Highway Traffic Safety Administration (NHTSA) has broadened its probe into approximately 709,000 sport utility vehicles and trucks made by Ford Motor Company (NYSE: F ), centered around severe engine breakdowns linked to a malfunctioning valve. The regulatory body underscored that some vehicles might suddenly lose power during normal driving due to an engine failure related to an alleged faulty valve within 2.7 L and 3.0 L EcoBoost Engines. The inquiry focuses on Ford''s 2021 and … Full story available on Benzinga.com

Tesla Reports 27% Increase in 3Q Sales, But Falls Short of Analyst Expectations
Oct 02, 2023 16:18pm

Tesla, the trailblazing electric vehicle manufacturer, revealed a notable 27% increase in deliveries for the third quarter of this year, totaling 435,059 vehicles. This surge, while impressive, fell slightly short of the predictions made by analysts. This deviation can be attributed to deliberate price adjustments and planned upgrades to Tesla''s manufacturing facilities. The cornerstone of Tesla''s sales remains its immensely popular Model 3 and Model Y vehicles. These models have been made even more appealing to consumers due to strategic price reductions. However, this pricing strategy has inevitably impacted the company''s profit margins. Notably, the third-quarter sales figures represented a marginal dip from the preceding quarter, during which Tesla successfully delivered 466,140 vehicles. Tesla clarified that this sequential decline was a deliberate move, as the company opted for scheduled factory downtime to implement necessary upgrades. During the same quarter, Tesla reported the production of 430,488 vehicles, slightly below the total number delivered.

Source:iShook Finance
Clash Over Electric Vehicle Battery Plants Stall UAW Negotiations
Oct 02, 2023 16:00pm

The CEOs of Ford Motor Co. and General Motors Co. blasted United Auto Workers boss Shawn Fain for expanding strikes on Friday - now in its third week. Fain saidmeaningful progresson a new four-year labor contract with Chrysler-parent Stellantis would allow the automaker to avoid additional strikes. GM CEO Mary Barra was furious with Fain: "It''s clear that there is no real intent to get to an agreement." Ford CEO Jim Farley said, "UAW is holding the deal hostage over battery plants." Farley warned UAW pay hike demands "have

Source:OilPrice com