Ford sales skyrocketed in July as other automakers crashed
Ford deliveries continued to rebound in July with an increase in deliveries of 36.6% compared to the same month last year as inventory continues to improve.
Ford 2Q profit up 19% on strong prices, sales increase
Ford had a good quarter as they had enough computer chips to boost factory output and sales.
These companies have paused hiring or laid off employees
Here is a FOX Business roundup of the companies that have either laid employees off or halted or slowed hiring.
Ford may lay off 8,000 workers in shift to EV production: report
Ford Motor Co. will reportedly lay off some 8,000 workers in the months ahead to cut profits and redistribute resources toward developing electric vehicles.
Florida family drives into electric car problem: a replacement battery costs more than vehicle itself
A Florida family ran into a major problem after buying an electric vehicle, the replacement battery costs more than they bought the car for.
Driverless car startup lays off 150 workers
Job cuts have come to the driverless-car technology company Argo AI after several years of staffing up.
Ford expands recall for potential engine fire, encourages owners to park outside
Ford has expanded its recall of SUVs and has told owners to park their vehicles outside and away from buildings due to the risk of engine fire.
Ford CEO Jim Farley finishes second at Le Mans racing event
Ford CEO Jim Farley scored a podium finish at the 2022 Le Mans Classic event driving his vintage Ford GT40 racing car
Ford recalling nearly 2,900 F-150 Lightning trucks
Ford's safety compliance recall covers 2,666 vehicles in the U.S. and 220 in Canada in the 2022 model year with 20-inch or 22-inch all-season tires.
Ford CFO flags increase in car loan delinquencies
Consumers falling behind on their car loan payments may be the next economic domino to fall as fears of a potential recession grow.
Ford to recall 2.9M vehicles over gear problem
A malfunctioning or missing shifter cable can cause the vehicle to improperly shift gears and possibly roll despite being parked.
Ford recalling 49,000 electric Mustang Mach-E SUVs due to power loss problem
Ford is recalling nearly 49,000 Mustang Mach-E SUVs due to a battery connector that can overheat after the use of a high voltage charger or repeated acceleration.
NHTSA investigating Ford Bronco 'catastrophic engine failure' reports
NHTSA is looking into reports of catastrophic engine failure happening to 2021 Ford Bronco SUVs that appears to be linked to a faulty valve in their 2.7-liter V6.
Ford is building a mystery electric vehicle in Ohio, but what is it?
Ford will begin building an electric commercial vehicle at its Ohio Assembly Plant in the middle of the decade, but has not yet said what type of vehicle it is.
Ford CEO Jim Farley says customers will pay 'tens of thousands of dollars' to sleep in their cars
Ford CEO Jim Farley says self driving technology that will allow people to sleep in their cars will add tens of thousands of dollars worth of value to the vehicles.
Ford, Kia and Hyundai recalling electric SUVs due to software safety glitches
The Ford Mustang Mach-E, Kia EV6 and Hyundai Ionqi 5 are being recalled for software glitches that could cause the vehicles to operate incorrectly.
Ford recalls SUVs due to fire risk, advises parking outside
Ford recalled roughly 350,000 vehicles due to engine fire risk.
Ford CEO Jim Farley to interview Tom Brady and Jimmy Kimmel on his new Spotify podcast
Ford CEO Jim Farley is hosting a seven-episode podcast called "Drive" on Spotify that will feature him interviewing celebrity car enthusiasts.
Ford and VW-backed Argo AI launches fully driverless car service in Miami and Austin
Ford and VW-backed self-driving car company Argo AI is removing safety drivers from its ride-hail cars in Miami and Austin as part of a new test of the technology.
Ford sells more shares of EV maker Rivian
Ford Motor has trimmed its stake in the electric carmaker Rivian Automotive for the second time in a week.