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March 13, 2021
Stuart Rowley, who has overseen a tumultuous two years, talks about the company's plans to become the first major automaker to make its entire passenger-vehicle lineup in Europe fully electric by 2030.
March 9, 2021
Ford of Europe plans more changes to reposition business for EV-focused future U.S. automaker to have an electric-only passenger car range by 2030 Print "We will not necessarily try to be all things to all men or women in the future. We will put our capital where we can differentiate," Ford of Europe President Stuart Rowley said. Ford of Europe grabbed headlines when it became the first major automaker in the region to announce it would only sell full-electric passenger cars by 2030. The decisi...
March 9, 2021
Ford of Europe President Stuart Rowley says the automaker's restructuring program to achieve sustainable profitability could mean rescaling or repurposing facilities.
March 8, 2021
Ford Promises Fully Electric Lineup in Europe by 2030 Photo: Ford Ford Motor Company of Europe is ramping up its electrification goals and setting hard deadlines for big changes. By mid-2026, Ford says 100 percent of all new passenger vehicles sold in Europe will be all-electric or plug-in hybrids. All commercial vehicles will hit that same target by 2024. All passenger vehicles will be fully electric by 2030. Ford investing $1B for Cologne Electrification Center The Cologne facility will becom...
March 5, 2021
(2) Ford senior leaders will discuss the companys European business and roadmap for sustained profitability with Jefferies lead auto analyst Philippe Houchois during the Exane BNP Paribas Jefferies Geneva Motor Show Conference on Wednesday, March 10, at 8 a.m. ET. The session will cover strategic topics such as the Ford of Europe redesign, plans to capitalize on the companys growing commercial vehicles business, and future direction in the region for passenger vehicles. The webcast will feature...
February 26, 2021
Author Bio As a Motley Fool Industrial Specialist, I use my marketing and business background in the automotive industry to evaluate major automakers and other large industrial corporations. Follow me on twitter for tweets about stocks, cars, sports, and anything I find amusing. Follow @DanielMillerTMF If youve been keeping an eye on the global automotive industry, youre no stranger to the ripple effects caused by a shortage in semiconductors. The need for these chips ha...
February 22, 2021
Automakers Lay Out Plans to Eliminate Gas-Powered Vehicles NATIONAL REPORT — Automobile manufacturers are making plans to shift away from traditional gas vehicles and toward electric vehicles (EVs) and plug-in vehicles. In recent weeks, Ford Motor Co. and General Motors both announced new goals and timetables for such changes. Ford announced on Feb. 17 that its European division will begin phasing out fossil fuel-powered vehicles with the goals of offering only electric and plug-in hybr...
February 22, 2021
By Illya Verpraet2021-02-22T18:05:00+00:00 After JLR, Ford has also announced that all its vehicles for sale in Europe will be pure-electric by 2030. It is investing $1 billion in its Cologne (Köln) plant to make that a reality. This move will be supported by the sharing of the VW Group’s MEB electric vehicle platform. The Ford Kuga plug-in hybrid SUV With commercial vehicles, its goals are slightly less ambitious. There is no hard target to phase out combustion engines in commercial vehic...
February 21, 2021
The car industry is in a clear recovery mode as major carmakers report soaring sales for the second half of the year. Ford raises EV stakes Ford (NYSE: F) announced this week it will invest $1 billion in its factory in German city Cologne. The existing factory will be modified to allow for the production […]
February 21, 2021
Automakers are shaking up and electrifying their lineups, teasing motorists with images of upcoming gasless vehicles. A roundup of upcoming electric vehicles.