Page 40 - Jim Hackett News Today

The companys stock price has roughly doubled since Farley took control of the company Oct. 1. That includes a 12.6% increase last week after the debut of the companys new electric F-150 Lightning pickup truck. Investors will be watching the highly anticipated investor event to see if Farley can keep up the momentum. He has promised to provide details his management teams direction for the automaker. "[Its] a big deal. Its my management teams coming-out party," Farley said last week. "Yes, weve ...

Ford Aims For An Electric Future But Does Not Have A Deadline May 25, 2021 at 9:05am ET ++ It will probably be when not selling EVs implies you are dead. Any automaker that wants to live knows it will have to sell only EVs at some point. What they are trying to manage is how much longer they will still be able to milk their investments in the combustion engine before it dies. Making the most of it may imply they do not have to shrink or go bust with ...

EV-only future: Ford is working toward selling only EVs in U.S. Michael Martinez Automotive News image DETROIT—Ford Motor Co. CEO Jim Farley declared that the 2022 F-150 Lightning was "just the beginning of a whole new era at Ford." That new era may eventually mean an all-electric lineup in the U.S. While the company hasnt set a target date as rivals, including General Motors, have, its on that path, said Kumar Galhotra, Fords president of the Americas and international markets group. "I can...

"Were certainly working toward it." Fords electric vehicle plans will hinge on customer acceptance of the F-150 Lightning electric pickup, unveiled the week of May 17 to wide praise from Wall Street analysts. The auto maker hopes to leverage the reputation and scale of the nations bestselling vehicle, along with its upcoming E-Transit van and the Mustang Mach-E crossover it launched in 2020 to speed acceptance of EVs. To underscore its accelerating EV ambition, Ford agreed recently to a joint v...

Published May 12. 2021 5:28PM  By Phoebe Wall Howard, Detroit Free Press Ford Motor Co. has confirmed a recall of more than 620,000 Explorer and Police Interceptor SUVs in the U.S. and its territories, one year after the National Highway Traffic Safety Administration raised concern about roof rail covers that could potentially create a road hazard. At issue is the problem of pins that loosen and allow the roof rail covers to detach. Ford announced the recall Monday for Explorer model years 201...

New detail confirmed on mystery project at Ford in Dearborn Phoebe Wall Howard, Detroit Free Press Ford Bronco Sport Raised By Goats ad Replay Video UP NEXT (Update: Since this story published, Ford has released new information that solves the mystery. Sort of. See this link.) © Eric Seals, Detroit Free Press Workers install a projection screen on the front of the Ford Motor Company World Headquarters that faces Michigan Avenue in Dearborn on May 8, 2021. The screen, which w...

A chronology of events leading up to the defect decision is on file, too.  In April 2020, federal regulators inquired about 11 customer complaints related to detachment while driving. Ford reviewed warranty claims related to the component. On May 20 of last year, the issue was brought to Fords Critical Concerns Review Group. From May through August, the review group considered rates of detachment, severity and detectability of a loose or rattling cover and determined the issue did not presen...

autoevolution 10 May 2021, 20:42 UTC · by On this day in 2012, the world of cars and motorized sports sadly lost a legend. Carroll Shelby passed away on May 10th nine years ago, and Ford head honcho Jim Farley couldn’t miss the opportunity to pay a little tribute to the Le Mans-winning driver and designer on Twitter. 46 photos Although unrelated to Carroll Shelby, one of Jim Farley’s followers asked the chief exec if the Ford Motor Company will ever roll out a Bronco with all-electri...

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This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Key Developments - ...