Ford

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7K White-Collar Workers Losing Jobs at Ford

Company says it's trying to become more efficient

(Newser) - Ford is cutting about 7,000 white-collar jobs, which would make up 10% of its global workforce. The company said the plan will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager, per the AP . In the US, about 2,...

New $110K Lincoln With 'Suicide Doors' Sold Out in 2 Days

Only 80 people got their hands on the new model

(Newser) - The most expensive Lincoln model sold thus far is on display at the North American International Auto Show in Detroit this week—and if you're not one of the dozens of people who've already nabbed one of the $110,000 luxury cars, you're out of luck. Per...

Here Are 14 Cars That Are Getting the Ax

Say goodbye to the Volkswagen Beetle, the Ford Focus, and a dozen others

(Newser) - If you think you're seeing more SUVs and crossovers on the road, you're not imagining things. That's because automakers are making what USA Today calls a "sweeping shift" into those types of vehicles—which also means they're dumping more-traditional passenger cars from their lineups. The...

Markets Rebound at Start of Trading
Markets Rebound
at Start of Trading
Oct 25, 2018 9:40 AM CDT

Markets Rebound at Start of Trading

Dow rose more than 200 points after Wednesday's plunge

(Newser) - Thursday is looking much better than Wednesday on Wall Street. Stocks opened higher after a sharp sell-off the previous day erased the market's gains for the year . In the first hour of trading Thursday, the Dow rose more than 200 points, shy of 1%, and the S&P 500...

Ford: Trump Is Wrong About Impact of Tariffs

'This car can now be BUILT IN THE USA,' he said

(Newser) - Ford says it isn't going to shift production of the Focus Active from China to the US, despite President Trump's thoughts on the matter. Trump boasted in a tweet Sunday that new tariffs on Chinese imports had forced the automaker to abandon plans to sell the Chinese-made Focus...

Reason Behind Ford Truck Recall? Hazardous Seat Belts

Some front seat passenger belt pretensioners 'can generate excessive sparks'

(Newser) - About 2 million Ford F-150 pickup trucks are being recalled due to an odd problem with seat-belt equipment. Some front seat passenger belt pretensioners "can generate excessive sparks when they deploy," causing smoke or fire, Ford says in a press release. The company knows of 23 reports of...

Ford Suspending F-150 Production
Ford Suspending
F-150 Production
May 10, 2018 2:32 PM CDT

Ford Suspending F-150 Production

Due to a supplier fire

(Newser) - After a May 2 fire at a supplier's factory in Michigan caused a shortage of parts, Ford on Wednesday suspended production of its F-150 pickup truck—the best-selling vehicle in the US for more than three decades. Production at General Motors, Fiat Chrysler, and Mercedes was also impacted, but...

Ford Is Killing Off All But 2 Car Models

Farewell to Taurus, Fiesta

(Newser) - Some 110 years after the first Model T rolled off the line, Ford has decided to start phasing out car sales. The company announced Wednesday that it "will not invest in next generations of traditional Ford sedans for North America." In a financial release , Ford said that it...

Ford Ousts Top Exec for 'Inappropriate Behavior'

Raj Nair was investigated after complaint

(Newser) - Ford Motor Co. has ousted one of its top executives over allegations of inappropriate behavior. North America President Raj Nair is leaving the company effective immediately, Ford said in a statement. His replacement has not yet been named. Ford officials would not specify what behavior led to Nair's departure....

A Bite on the Butt: Tales of Harassment at Ford Plants

Supervisors, union reps among those accused by female workers: 'NYT'

(Newser) - From Hollywood to Capitol Hill, and now to the auto industry. An in-depth investigation from the New York Times finds sexual misconduct is rampant at Ford's factories, specifically at the Chicago Assembly Plant and Chicago Stamping Plant, which employ some 5,700 workers, roughly a third of whom are...

John Cena Buys Fancy Car, Sells It, Gets Sued by Ford

Ford says Cena agreed to keep car for 2 years but sold it after weeks for 'large profit'

(Newser) - John Cena is being sued by Ford for allegedly selling his new 2017 Ford GT too soon after buying it for $460,000, the Washington Post reports. According to Jalopnik , approximately 7,000 people applied for a chance to buy the limited-edition supercar, and Cena was one of 500 selected...

Ford Is Recalling 1.3M Pickups
Ford Is Recalling 1.3M Pickups
Oct 19, 2017 12:05 AM CDT

Ford Is Recalling 1.3M Pickups

Without fix, doors might not close properly

(Newser) - Ford is recalling about 1.3 million 2015-2017 F-150 and 2017 Super Duty vehicles in North America because of potential door problems. The company said Wednesday that in some vehicles a frozen door latch or bent or kinked actuation cable may cause a door to not open or close, the...

Domino's Delivering Pizzas, Ditching Actual Delivery Guy

Chain begins test with driverless cars

(Newser) - No ring of the doorbell, just a text. No tip for the driver? No problem in this test, where Domino's and Ford are teaming up to see if customers will warm to the idea of pizza delivered by driverless cars. Starting Wednesday, some pizzas in Domino's hometown of...

World's Most Famous Ford Bronco Can Be Yours

Owner of SUV in OJ chase reportedly willing to sell, but he wants close to $1M

(Newser) - The decision by the Nevada Parole Board to release OJ Simpson might also be good news for his former sports agent, reports TMZ . That's because the hearing has renewed interest in the other Simpson criminal case, and Mike Gilbert just happens to own the Ford Bronco that led police...

5 Most Stolen Cars in America
5 Most Stolen
Cars in America
Jul 12, 2017 9:30 AM CDT

5 Most Stolen Cars in America

It's the Honda Accord—though thieves prefer older models overall, not newer ones

(Newser) - Hide that Honda Accord under lock and key, because it was the most stolen car in America last year, reports 24/7 Wall St. , which details the National Insurance Crime Bureau's annual "Hot Wheels Report" of the country's most swiped vehicles. There were 50,427 Accords stolen in...

Ford's New CEO: Guy Who Helped Turn Around Michigan Football

Mark Fields is out, Jim Hackett is in

(Newser) - Mark Fields' tenure as Ford Motor CEO is coming to an end after just three years, during which the company's shares plunged 40%. The New York Times details various bumps in his road: recent safety recalls, the discarded plan to build a $1.6 billion plant in Mexico, Q1...

Ford to Slash Up to 10% of Workforce: Report
Ford to Slash Up
to 20K Jobs: Report
May 16, 2017 10:44 AM CDT

Ford to Slash Up to 20K Jobs: Report

Company aims to become 'as lean and efficient as possible'

(Newser) - Ford is expected to lay off a large chunk of its workforce as part of a plan to cut costs by $3 billion, various media outlets are reporting. Sources tell the Wall Street Journal that the cuts, which could be revealed as early as this week, will affect 10% of...

Tesla Is Now the Most Valuable US Automaker

Investors aren't put off by lack of profits

(Newser) - Tesla sent a jolt through the auto industry Monday by becoming the most valuable American automaker, overtaking General Motors, which sold more than 100 times as many cars last year. GM also made a profit of around $9 billion in 2016, while Tesla—which has had only two profitable quarters...

Elon Musk Snarks on Twitter Over Tesla Record

Company just surpassed Ford, now right behind GM with $47.8B valuation

(Newser) - The casual observer checking out Elon Musk's Twitter feed Monday may not have sensed the shade he was throwing with his one short tweet proclaiming, "Stormy weather in Shortville…," but the Tesla CEO was actually crowing a bit at some news about his company's stock, as...

Ford Recalls 53K Trucks Over Rolling Issue

F-250s can roll away even when parked

(Newser) - Ford is recalling 53,000 2017 F-250 trucks because they can roll away even when they are parked due to a manufacturing error, reports the AP . Ford says drivers should use the parking brake to make sure that parked cars don't move. Dealers will also replace the defective part...

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