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News Articles: Ford

A United Auto Workers member walks in the Labor Day parade in Detroit on Sept. 4, 2023. The UAW is on the verge of a historic strike unless it can clinch a deal with the Big Three automakers by a deadline on midnight.

Tagged as: 

  • Business

Autoworkers are on the verge of a historic strike

Less than two hours before the strike deadline, United Auto Workers revealed the first wave of plants to be targeted if the union and the Big 3 automakers fail to reach a deal just before midnight.

September 14, 2023
|
By:
  • Danielle Kaye
United Auto Workers members and others gather for a rally after marching in the Detroit Labor Day Parade in Detroit on Sept. 4, 2023. Only hours remain before UAW contracts with the Big 3 automakers expire just before midnight.

Tagged as: 

  • Business

Here's where things stand just before the UAW and Big 3 automakers' contract deadline

The union is prepared to strike. Auto companies say they're still waiting for counteroffers. And so far, there's no deal in sight.

September 14, 2023
|
By:
  • Camila Domonoske
General Motors CEO Mary Barra made nearly $29 million in 2022. This amount is 362 times the median GM employee's paycheck, according to Securities and Exchange Commission filings.

Tagged as: 

  • Business

Sky-high CEO pay is in focus as workers everywhere are demanding higher wages

As autoworkers' real wages fall, top executives at the Big Three carmakers continue to earn tens of millions of dollars each year — hundreds of times more than the median employee.

September 14, 2023
|
By:
  • Danielle Kaye and
  • Andrea Hsu
Ford CEO Jim Farley speaks at the launch of the Ford F-150 Lightning at the Ford Rouge Electric Vehicle Center in Dearborn, Mich., on April 26, 2022. Farley is determined to expand production of electric cars — and at the same time, to make more energy-efficient gas-powered and hybrid models.

Tagged as: 

  • Business

Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead

In a wide-ranging interview, Ford's CEO shares his thoughts about his company's ramp-up in electric cars and the state of charging. (He's very happy about that Tesla deal, too.)

August 12, 2023
|
By:
  • Camila Domonoske
Jim Farley, Ford president and CEO, wrote in social media postings Tuesday, May 23, 2023 that the company is reversing a decision to scrub the AM band after speaking with government policy leaders who are concerned about keeping emergency alerts that often are sounded on AM stations.

Tagged as: 

  • Business

Ford reverses course and decides to keep AM radio on its vehicles

Federal lawmakers cite safety concerns for keeping AM radio, citing its historic role in transmitting vital information during emergencies, such as natural disasters, especially to rural areas.

May 24, 2023
|
By:
  • The Associated Press
Ford is recalling about 1.5 million vehicles due to problems with their brake hoses or windshield wipers. It says owners can get those parts replaced for free.

Tagged as: 

  • Business

Ford recalls 1.5 million vehicles over problems with brake hoses and windshield wipers

The automaker is recalling nearly 1.3 million 2013-2018 Ford Fusion and Lincoln MKZ sedans, as well as 220,000 F-150 pickups from 2021. Here's what to do if your vehicle might be affected.

March 17, 2023
|
By:
  • Rachel Treisman
In this Oct. 26, 2009 photo, the Ford logo is seen on the automaker's headquarters in Dearborn, Mich. A Georgia jury has returned a $1.7 billion verdict against Ford Motor Co. involving a pickup truck crash that claimed the lives of a Georgia couple.

Tagged as: 

  • News

Ford to appeal $1.7 billion verdict in Georgia truck crash

The Ford Motor Co. says it plans to appeal a $1.7 billion verdict against the automaker after a pickup truck crash claimed the lives of a Georgia couple. A Georgia jury returned the verdict late last week.

August 22, 2022
|
By:
  • Associated Press
A Ford logo is seen on a sign at Country Ford in Graham, N.C. The auto manufacturer has issued a recall that affects about 39,000 SUVs.

Tagged as: 

  • Business

Ford is recalling about 39,000 SUVS after 16 catch fire under the hood

The company is urging those with affected vehicles to park their cars outside and away from structures.

May 20, 2022
|
By:
  • Rina Torchinsky
A Rivian electric truck is displayed near the Nasdaq MarketSite building in Times Square in New York City on Nov. 10. Rivian, an electric-truck maker backed by Amazon and Ford, made its debut on Nasdaq in one of the biggest initial public offerings in U.S. history.

Tagged as: 

  • Business

The electric automaker Rivian soared in its stock debut. Why there's so much buzz

Rivian, which has just started deliveries of its battery-powered pickup truck, surged in its first day of trading after completing one of the biggest IPOs in U.S. history.

November 10, 2021
|
By:
  • Camila Domonoske
Lordstown Motors shows off a model of its electric pickup truck, Endurance, in Lordstown, Ohio, on June 25, 2020. The auto maker is under pressure after saying it was running out of cash, raising questions about the future of the crop of startups that have entered the industry.

Tagged as: 

  • Business

Startups Like Lordstown Wanted To Upend The Car Industry. It's Now Do Or Die For Them

The electric vehicle startup had a string of terrible news, capped by the abrupt departure of its CEO. Its troubles are raising questions about the startups that have entered the auto industry.

June 18, 2021
|
By:
  • Camila Domonoske
A sign is seen outside of a General Motors plant in Detroit,  on Jan. 27, 2020. GM said on Thursday it is idling more plants as it continues to deal with a shortage of chips.

Tagged as: 

  • Business

More Plants At GM Go Dark As Chip Shortage Continues To Bite

Ford, Stellantis, and now GM again: Auto makers continue to close plants as they reel from a shortage of chips that poses a critical challenge for the sector.

April 08, 2021
|
By:
  • Camila Domonoske
Automakers are racing to be the first to bring an electric pickup to market — including, clockwise from top left, Rivian's sporty offering, Tesla's futuristic Cybertruck, General Motors' Hummer EV and Lordstown's work-focused Endurance.

Tagged as: 

  • Business

All The Oomph, Minus The Vroom? Electric Pickups Take Aim At American Market

Automakers hope Americans will be willing to switch to battery-powered vehicles, for their trucks' sakes, as they race to bring the first electric pickup to market.

December 16, 2020
|
By:
  • Camila Domonoske

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