Ford
Ford cancels EV battery deal worth 9.6 trillion won with South Korea’s LG Energy Solution
[SEOUL] South Korea’s LG Energy Solution said on Wednesday (Dec 17) that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won (S$8.4 billion).
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
The company will focus on a family of smaller, affordable electric vehicles instead
Ford teams up with Renault on producing affordable EVs in Europe
Automakers in Europe want to become more competitive as the likes of BYD expand in the region
Ford to invest 32.5 billion rupees in India defying Trump’s local push
More recently, other US companies have been building up their manufacturing presence in India, despite the political tension
Ford lowers annual guidance, citing fire at supplier’s aluminum plant
[DETROIT] Ford Motor cut its profit guidance on Thursday, citing fallout from a fire at a critical aluminum supplier that will crimp production of some of its most lucrative vehicles through the end o...
Japan trade deal sparks hope for US investors, frustration for automakers
[DETROIT] Shares of General Motors, Ford Motor and Jeep-maker Stellantis, some of the biggest automakers in the US, rallied on Wednesday after news of a trade deal that will reduce tariffs on imported...
US auto sales lose steam after tariff-induced shopping spree
The high cost of cars remains an impediment
Ford's German workers to strike as tensions rise over planned cuts
Ford plans to cut around 14% of its European workforce, mostly in Germany and Britain
Ford pulls guidance, warns it will take US$1.5 billion hit from Trump’s tariffs
[DETROIT] Ford Motor suspended its annual guidance on Monday because of uncertainty around US President Donald Trump’s tariffs, saying the levies would cost the company about US$1.5 billion in adjuste...
Ford ‘adjusts’ some exports to China due to tariffs
[NEW YORK] Citing the US-China trade conflict, Ford said on Friday (Apr 18) it has “adjusted” its exports to the country, where the US auto giant operates manufacturing jointly with local partners.
