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Ford Is Going To Add 10,800 Jobs Making Electric Vehicles, Batteries

Notably, the new factories will provide a vast new supply of jobs that will likely pay solid wages. Most of the new jobs will be full-time, with a relatively small percentage having temporary status to fill in for vacations and absent workers.

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Ford India Announces Leadership Rejig, MD To Step Down By Month-End

Ford India will wind down vehicle assembly in Sanand by the fourth quarter of 2021 and vehicle and engine manufacturing in Chennai by the second quarter of 2022.

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As Ford Exits, Auto Dealership Seek Govt Intervention

With Ford’s exit, a total of 464 dealers (excluding those dealing with Fiat, Mitsubishi) are said to have pumped in Rs. 2,485 crore with nearly 64,000 people employed thereof who were either axed or are about to be axed, claims FADA, industry association of auto-dealers in a letter sent to the Minister for Heavy Industries.

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Ford To Shut Down Both Its Manufacturing Plants In India, To Sell Only Imported Vehicles

Ford India has an installed manufacturing capacity of 6,10,000 engines and 4,40,000 vehicles a year. It also exported its models such as Figo, Aspire, and EcoSport to over 70 markets around the world.

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Global EV Sales To Rocket Post-Covid

EV sales will keep growing through the decade. Canalys forecasts that EVs will represent 48 per cent of all new cars sold in 2030

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Liaoning vs US Ford-class aircraft carrier: Who will win?

Liaoning vs US Ford-class aircraft carrier: Who will win?

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Ford To Close Brazil Manufacturing Operations, Take $4.1 Billion In Charges

Brazil's Economy Ministry lamented Ford's decision to end production in the country and said it reinforced the need for reforms to improve the business climate.

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Chip Shortage Forces Ford, Toyota, Nissan, FCA To Cut Vehicle Production

Automakers and electronic makers are facing a global shortage of chips as consumer demand has been bouncing back from the coronavirus pandemic, causing manufacturing delays.

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Ford Orders 12 Ultra-Cold Freezers To Distribute COVID-19 Vaccines To Employees

Ford's purchase mirrors efforts by U.S. states and cities to buy equipment to store millions of doses of Pfizer's vaccine at temperatures of minus 70 Celsius (minus 94 Fahrenheit), significantly below the standard for vaccines of 2-8 C (36-46 F).

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Startup India Award-winning jackfruit flour for Diabetics takes the healthcare sector by storm

Startup India Award-winning jackfruit flour for Diabetics takes the healthcare sector by storm

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Ford Sees Full-Year Pretax Profit, Posts Stronger Than Expected Quarterly Earnings

Ford reported net income in the third quarter of $2.4 billion, or 60 cents a share, compared with $400 million, or 11 cents a share, a year earlier.

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Ford's Third-Quarter China Sales Rise 25% Y/Y To 164,352 Vehicles

The result represents Ford's second consecutive quarterly sales increase in the world's biggest auto market following almost three years of decline.

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Ford Moves Escape SUV Production To Next Year

The automaker said it recalled 20,500 Kuga PHEV vehicles in Europe and last month suspended their sale as it looks into potential concern with the high voltage battery, which in certain cases could result in a fire.

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Ford Posts Profit, But Expects Full-Year 2020 Loss

Ford reported net income in the second quarter of $1.1 billion, or 28 cents a share, compared with a profit of $100 million, or 4 cents a share, a year earlier.

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All Eyes On Pandemic, Economy As Detroit Automakers Post Results

Although sales fell 34% at GM, which reports earnings on Wednesday, 33% at Ford and 39% at FCA, the automakers said demand was improving toward the end of the second quarter and touted the resilience of the U.S. consumer.

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