Latest Ford Motor Co News

This photo provided by General Motors shows EP1 electric pallet. General Motors is forming a new business unit to tap the market for delivery vehicles and equipment powered by electricity. The new venture is called BrightDrop, and its first product will be a battery-powered wheeled pallet that will take goods from the warehouse to trucks and from trucks to destinations. (General Motors via AP)

GM charges up new unit to sell electric delivery vans, gear

Jan. 12, 2021 12:16 PM EST

DETROIT (AP) — The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it, a move that lifted the automaker’s stock to a multiyear high. The first product for the new venture called BrightDrop will be an...

FILE - This March 12, 2020 file photo shows an aerial view of a Ford Motor Company factory in Sao Bernardo do Campo, in the greater Sao Paulo area, Brazil. Ford Motor said on Monday, Jan. 11, 2021, it will close three plants in Brazil and stop producing automobiles in the South American country, but will keep its South America headquarters, product development center and proving grounds in Brazil. (AP Photo/Andre Penner, File)

Ford announces closing of Brazil manufacturing operations

Jan. 11, 2021 6:26 PM EST

SAO PAULO (AP) — Ford Motor Co. said Monday it will close three plants in Brazil and stop producing automobiles in the South American country where it has been operating since 1919. The company said in a statement it will cease production immediately at the factories “as the COVID-19 pandemic...

FILE - In this Oct. 20, 2019, file photograph, the company logo shines off the grille of an unsold 2019 F-250 pickup truck at a Ford dealership in Littleton, Colo. Ford Motor Co. posted a stronger-than-expected third-quarter net profit, the company announced Wednesday, Oct. 28, 2020, as demand for cars and trucks recovered from coronavirus shutdowns and the company sold more high-margin trucks. (AP Photo/David Zalubowski, File)

Ford takes 2 of 3 North American vehicle of the year awards

Jan. 11, 2021 1:08 PM EST

DETROIT (AP) — Ford Motor Co.'s new electric Mustang Mach E is the North American Utility Vehicle of the Year, and the company's F-150 pickup won truck honors from a group of auto journalists. Hyundai's Elantra compact car took Car of the Year as all three awards were announced during a Monday webcast....

A long row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership Sunday, Dec. 27, 2020, in Highlands Ranch, Colo.  U.S. auto sales are expected to be down only about 15% for the year, with the average price hitting a record high as sales bounced back during the second half of the year.  AP Photo/David Zalubowski)

Late sales rebound helps US automakers avoid 2020 disaster

Jan. 5, 2021 6:19 PM EST

DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous...

Genworth, Ford fall; Tesla, Magellan Health rise

Jan. 4, 2021 4:19 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially Monday: Tesla Inc., up $24.10 to $729.77. The electric car maker's annual sales surged as it delivered nearly 500,000 vehicles during the year. Roku Inc., down $14.12 to $317.90. The maker of digital media players is considering buying...

Ford replaces Mark LaNeve as US sales and marketing chief

Jan. 4, 2021 2:55 PM EST

DETROIT (AP) — Ford Motor Co. is replacing its longtime U.S. sales and marketing chief. The company said Monday that Mark LaNeve is leaving the position to pursue the next chapter of his professional life. He'll be replaced as vice president of sales in the U.S. and Canada by 25-year company veteran Andrew...

This May 20, 2020, photo provided by Smithfield Foods shows some of the measures the company says it has taken to limit the spread of the coronavirus inside its plants. Workers inside its Sioux Falls, South Dakota, pork processing plant wear protective gear and are separated by plastic partitions as they carve up meat. (Photo courtesy Smithfield Foods via AP)

US plants hope to maintain production despite virus threat

Dec. 25, 2020 10:18 AM EST

OMAHA, Neb. (AP) — U.S. factories have been cranking out goods during much of the pandemic at rates that are remarkably close to normal. However, manufacturers are concerned they may not be able to keep pace until most of the country is vaccinated because the coronavirus continues to surge in areas where...

This photo provided by Chrysler shows the 2020 Chrysler 300C.  The COVID-19 pandemic has wreaked havoc on just about everything, including Black Friday car deals. Perhaps the biggest factor is the lack of inventory caused by all the factory shutdowns.  Edmunds market analysts expect inventory to remain low through the end of the year. Depressed supply means it’s a seller’s market, so discounts won’t be nearly as steep as in years past.  (Chrysler via AP)

Edmunds: Black Friday car deals may not be as bountiful

Nov. 25, 2020 6:00 AM EST

Once a novel concept in dealership marketing, Black Friday car deals have become as common as the TV deals at your local big-box store. While the savings on new cars aren’t that dramatic — no 70% off fire sales here — they do generally make mid- to late November a good time to buy a car. ...

FILE - In this July 16, 2019 file photo, General Motors Chairman and Chief Executive Officer Mary Barra speaks during the opening of their contract talks with the United Auto Workers in Detroit.   General Motors says it will no longer support the Trump administration in legal efforts to end California's right to set its own clean-air standards.  Barra said in a  letter Monday, Nov. 23, 2020 to environmental groups that GM will pull out of the lawsuit, and it urges other automakers to do so.  (AP Photo/Paul Sancya)

GM flips to California's side in pollution fight with Trump

Nov. 23, 2020 5:54 PM EST

DETROIT (AP) — General Motors is switching sides in the legal fight against California's right to set its own clean-air standards, abandoning the Trump administration as the president's term nears its close. CEO Mary Barra said in a letter Monday to environmental groups that GM will no longer support the...

In this June 14, 2020, photograph, a Mazda company logo shines on the front of an unsold 2020 Miata at a Mazda dealership in Littleton, Colo. On Thursday, Nov. 19, Mazda beat traditional winners Lexus and Toyota to win top honors as the most dependable auto brand in Consumer Reports’ annual reliability survey.   Reports surveyed organization members who own more than 300,000 vehicles from model years 2000 to 2020.  (AP Photo/David Zalubowski)

Mazda No. 1 in Consumer Reports 2020 auto reliability survey

Nov. 19, 2020 10:03 AM EST

DETROIT (AP) — Mazda beat traditional winners Lexus and Toyota to win top honors as the most dependable auto brand in Consumer Reports' annual reliability survey. Ford and its Lincoln luxury brand fell in the survey with Lincoln finishing last among 26 brands after introducing new SUVs. Electric car maker...