Ford

Ford to open new electric vehicle battery facility in Michigan

The new collaborative learning lab, dubbed Ford Ion Park, represents $100 million of the automaker's total $185 million investment in developing, testing, and building electric vehicle battery cells and cell arrays. It is also part of the company's $30 billion investment in electrification by 2025.

Ford made a $1.8 million Mustang mistake

Ford is offering to pay 450 Australian Mustang Mach 1 buyers $4,040 each after an error was discovered in the marketing materials for the vehicle that promised features it doesn't have.

Cash-laden companies are on a mergers and acquisitions spree

Businesses spent $1.74 trillion on mergers and acquisitions involving U.S. companies during the first six months of the year—the highest amount in more than four decades—as finance chiefs tapped into cheap funding options to acquire technologies, services and other assets.