Latest Ford Motor Co News

Yellen says Africa to shape world economy as US reengages

Jan. 26, 2023 13:33 PM EST

PRETORIA, South Africa (AP) — U.S. Treasury Secretary Janet Yellen watched Ford cars and pickup trucks being assembled at a plant in South Africa on Thursday, citing it as an example of cooperation between Washington and Africa as she begins the Biden administration's big push to reengage with a...

Spotify, Salesforce.com, Ford rise; Xylem falls

Jan. 23, 2023 16:29 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Spotify Inc., up $2.03 to $99.94. The music streaming service is cutting 6% of its workforce, the latest tech company to retrench as the economic outlook worsens. ...

Ford CEO Farley makes professional racing debut at Daytona

Jan. 21, 2023 16:34 PM EST

DAYTONA BEACH, Fla. (AP) — Tucked in the back corner of an outpost paddock at Daytona International Speedway stood the chief executive of Ford, leaning against a cart having a casual conversation with the heads of The Wood Brothers Racing team. Jim Farley was wearing a firesuit...

Tennessee Gov. Bill Lee sworn in for 2nd term

Jan. 21, 2023 14:34 PM EST

NASHVILLE, Tenn. (AP) — Tennessee Gov. Bill Lee kicked off his second term on Saturday, promising to focus over the next four years on improving aging transportation systems, advocating for better conservation efforts and protecting the state's most vulnerable children. Lee, a...

Youngkin outlines more concerns about nixed Ford plant talks

Jan. 19, 2023 19:42 PM EST

RICHMOND, Va. (AP) — Gov. Glenn Youngkin elaborated Thursday about the concerns that he said prompted his decision to end an apparent effort by Virginia to land a large electric vehicle battery plant. Youngkin's action on the joint venture between Ford Motor Co. and a Chinese...

CES 2023: Ram electric pickup joins crowded field next year

Jan. 05, 2023 18:39 PM EST

DETROIT (AP) — When a futuristic-looking electric Ram pickup truck goes on sale next year, it will hardly be the first in line. By then, at least seven EV competitors are scheduled to be on sale, all of them vying for a share of the huge full-size truck market that now includes the...

New May Mobility exec wants to scale up driverless vehicles

Dec. 27, 2022 08:03 AM EST

DETROIT (AP) — For more than a decade, Kathy Winter has been working to get autonomous vehicles on the road, first at auto supplier Delphi and then as general manager of Intel's autonomous transportation unit. Now the 30-year industry veteran has been named chief operating officer...

EXPLAINER: 2023 tax credits for EVs will boost their appeal

Dec. 26, 2022 10:03 AM EST

WASHINGTON (AP) — Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle. The credit, part of changes enacted in the Inflation Reduction Act, is designed to spur EV sales and reduce greenhouse emissions. But a complex web of...

US probes reports that Hertz rented cars with open recalls

Dec. 20, 2022 07:38 AM EST

DETROIT (AP) — The U.S. government's road safety agency says it is investigating allegations that Hertz rented vehicles to customers without getting required recall repairs. The National Highway Traffic Safety Administration says in a document posted Tuesday on its website that it...

Deegan lands at ThorSport for another season in Truck Series

Dec. 15, 2022 18:34 PM EST

SANDUSKY, Ohio (AP) — Hailie Deegan has another full-time ride in the NASCAR Truck Series, this one with ThorSport Racing. ThorSport formally added Deegan to its driver lineup Thursday as it announced a manufacturer switch from Toyota to Ford. The 21-year-old...