Ford builds only engines in the UK. It does not build any cars. On Tuesday, U.S. carmaker Ford Motor stated, it would have to take a “long, hard look” at its British operations, including two of its engine factories, if… Read More ›
Ford Motor
Ford likely to close down two plants in Russia
Ford is losing money in every region where it has a plant other than North America. According to three industry sources, Ford Motor Co is weighing its options on shuttering two of its big plants in Russia. The move is… Read More ›
Ford Motor’s Chariot minibus service to expand to 6th U.S. city shortly
A traditional carmaker, Ford Motors is diversifying in the mobility services segment with changing consumer tastes of not wanting to own a vehicle. As per an executive from Ford Motors, the carmaker is set to launch its Chariot minibus services… Read More ›
85% North America content in vehicles, an unrealistic target: U.S. Auto industry to Trump Administration
The U.S. auto industry has gone at great lengths to to convince the Trump administration of the importance of NAFTA for the industry. In fact, in October 2017 major auto dealers, automakers and suppliers had launched a coalition to back… Read More ›
Advertising giant WPP ads Ford Motor Co to its client roster list
Despite facing strong headwinds this year, Britain’s WPP has managed to retain not only the big names in its client roster but Ford Motor to it as well. On Tuesday, Britain-based WPP, disclosed that Ford Motor Company, one of its… Read More ›
Apple proposes stronger, stricter norms of data collection for self-driving cars
Apple appears to be creating an ecosystem for the self-driving car market and is seeking greater clarity for its parameters. In a strategic move which has immense significance for companies in the crowded self-driving car market, Apple Inc has urged… Read More ›
Ford expects increased costs in 2017, more profits in 2018
Increased costs due to factors, including those related to the outcome of the U.S. elections as well as those related to the challenges of self-driving cars are likely to push up Ford Motor’s costs in 2017. GM, however, has provided… Read More ›
American Apparel’s branding theme could potentially create pressure points for its acquirer
With Donald Trump pressurizing companies to subscribe to his agenda, American companies such as Amazon.com and Forever 21, could succumb to cost conscious competitor such as Canada’s Gildan Activewear Inc. According to sources familiar with the discussion at hand, online… Read More ›
Ford Motor to raise $2.8 billion to fund its foray into EVs and self-driving technology
At the same time, Ford Motor is also trying to catch up with General Motor by boosting the production and sale of its large SUVs. According to a filing with the U.S. SEC, Ford Motor Co is set to raise… Read More ›
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