Ford Motor Company
Recent News About Ford Motor Company
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Ford posts worst quarterly sales in China since start of pandemic, blames ‘supply chain and logistics obstacles’
Michigan-based auto company Ford Motor Co. recently reported its worst quarterly sales in China amid the pandemic. The declines are mainly attributed to a sudden increase of COVID-19 cases in the country, and ongoing global supply chain delays.
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Ford to retool Northwest England plant for electric car components
Ford announced on Monday new plans to spend £230 million ($315 million) renovating a factory in Northwest England into an electric vehicle component production.
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Ford suspends production at Hermosillo plant in Mexico
Ford suspended production at the Hermosillo plant in Mexico Friday, as a shortage of material led to issues in the supply chain.
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COVID-19-caused chip shortage cripples auto production in U.S.
A shortage of semiconductor chips used in the production of vehicles is set to cost the auto industry big time.
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Ford to invest $7 billion on U.S. electric vehicle factories
Ford Motor Co. is going all in on electric vehicles.