Ford Motor Co. said it will be hit twice by U.K. tariffs to be imposed in the event of a no-deal Brexit. The U.S. company, which only makes engines in Britain, would be taxed on exporting them to assembly plants in mainland Europe and then ...
Ford to close oldest plant in Brazil, cut 2,700 jobs and exit South America truck biz
Ford Motor Co. said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the ...
VW and Ford team up on trucks, with joint deals on EVs and self-driving cars likely to follow
Volkswagen AG and Ford Motor Co. said on Tuesday they will join forces on commercial vans and pickups and are exploring joint development of electric and self-driving technology in moves meant to save the automakers billions of dollars. Ford and VW announced their partnership against ...
VW and Ford to reveal deeper alliance next week in tech quest amid trade frictions, sources say
Volkswagen AG and Ford Motor Co. will unveil a deeper alliance next week that goes beyond cooperating in commercial vehicles in a move meant to save the automakers billions of dollars as they develop new technologies, two people familiar with the plan said on ...
The supremacy of Japanese cars has been 40-plus years in the making.
Ford reshuffles U.S. plants to beef up SUV and truck production
Ford Motor Co. said on Wednesday it will reshuffle workers at several of its plants to meet rising demand for pickup trucks and large SUVs, a process that will require finding new positions for 150 workers displaced by the changes but not result in ...
Wall Street may be underestimating the threat of tariffs on the auto industry, according to Phil Levy, a senior fellow on global economy at the Chicago Council on Global Affairs. "I think it's better than even odds that they go ahead with this, and go ...
Ford may slash 12% of jobs in revamp of Europe operations: U.K. media
Ford Motor Co. may cut up to 24,000 jobs and stop producing models such as the Mondeo as it tries to revive its European business, the Sunday Times reported over the weekend. The second-largest U.S. carmaker lost $73 million in Europe between April and June, ...
White House to showcase U.S. products as trade battles loom, even by makers opposed to Trump tariffs
U.S. President Donald Trump will showcase American-made products ranging from beef jerky and cowboy boots to the Lockheed Martin Corp F-35 fighter jet on Monday, as his administration wages trade battles on a series of fronts. A White House spokeswoman said on Sunday that Trump ...
'Immediate risk to safety': U.S. warns don't drive old pickups until Takata air bag fix is made
U.S. auto safety regulators again warned drivers that certain older pickups made by Ford Motor Co. should be parked until they replace dangerous air bags that can explode in a crash. The 2006 Ford Ranger and Mazda B-Series pickups contain defective air bag inflators made ...
A U.S. Senate panel on Tuesday will ask automakers and regulators why tens of millions of vehicles with faulty Takata air bag inflators remain on the road years after deaths prompted the largest auto safety recall in history. Nearly 30 million vehicles remain unrepaired in ...
Automakers among sectors reeling over Trump-planned U.S. steel and aluminum tariffs
Shares of automakers and other large steel and aluminum users in the United States tumbled on Thursday after President Donald Trump announced a plan to slap hefty tariffs on imports of the metals, which he said would protect U.S. industry. The announcement of tariffs of ...
