Tag: $Ford

Ford Motor Co. F, -3.42% has acknowledged in a letter to the National Highway Safety Administration a safety recall of 870,701 F-150 trucks equipped with a single exhaust system. Ford said the rear axle housing may damage the wiring harness, causing the electric parking brake to activate unexpectedly while driving, increasing the risk of a crash.

Ford Motor on Thursday raised its 2023 guidance after second-quarter earnings significantly beat Wall Street expectations, boosted by strong pricing and demand for the automaker’s traditional vehicles.

Ford Motor on Monday cut prices for its electric F-150 Lightning pickup, saying that its efforts to boost production and lower costs for battery minerals have paid off.

Ford Motor Corp. will announce a new round of layoffs of salaried employees as early as next week, The Wall Street Journal reported, citing people familiar with the matter.

General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.

Ford said on Monday it was working to reduce costs in China as it strives to recover from a long sales slump in the world’s largest auto market.