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Ford CEO says rare earth supply is still ‘day to day’ after plant halt
Ford CEO says rare earth supply is still ‘day to day’ after plant halt On June 13, Ford CEO Jim Farley said the company is struggling with supplies of rare earth magnets that are essential to car production and already forced a shutdown of production of its Explorer SUV at its Chicago plant for a week in May. Farley said that the supply of the critical components has been trickling out of China since instituting a new approval process for exp...
News Updated at: 2025/06/14
China issues rare earth licenses to Detroit 3 suppliers
China issues rare earth licenses to Detroit 3 suppliers China has granted temporary export licenses to rare-earth suppliers of the Detroit 3 automakers, according to sources familiar with the matter. Suppliers to General Motors, Ford, and Stellantis got clearance for some rare earth export licenses on June 2, one of the two sources said. At least some of the licenses are valid for six months, the sources said. GM and Ford have not commented, bu...
News Updated at: 2025/06/13
Ford leads sales gains in U.S. with discount program offsetting import tariffs in May
ffsetting the cost of the Trump import tariffs with its "A Plan" discount program, typically reserved for employees. Ford led all other OEMs in May with a 16.3% increase to 220,959 vehicles across all powertrains, the company’s best May since 2019 and the third straight month of sales gains. At Ford, sales of gas- and diesel-powered vehicles, which represented 87% of sales, grew 17% in May compared to a year ago. Hybrids were up 29%, though E...
News Updated at: 2025/06/04
Detroit Manufacturing Systems to acquire Android Industries, Avancez to form Voltava LLC
neral Motors and Stellantis, to create a strong competitor in the contract manufacturing and complex sub-assembly space. Terms of the transaction were not disclosed. DMS operates a 500,000-square-foot plant on Detroit’s west side, making instrument panels for its largest customer for the Mustang, Explorer, F-150 and F-150 Lightning, as well as Volvo Truck. Approximately 1,200 workers at the plant perform build-to-print assembly and injection mo...
News Updated at: 2025/02/28
Ford to cut 4,000 more jobs and adjust EV production in Europe
ompany will also adjust the production of two electric vehicle (EV) models and the operation of its dedicated EV plant in Germany. EV sales have slowed significantly in Europe, and Ford wrote a letter to the government of Germany, a major market, asking for subsidies and other support. According to Ford, the job cuts will affect mostly workers in Germany and some at production facilities in other countries, including the U.K., which will lose 800...
News Updated at: 2024/11/22
Ford EV supplier EcoPro delays Canadian plant investment amid timing change
it is postponing a planned USD 87 million investment in EcoCAM Canada, a joint-venture that was aiming to open a cathode plant in that country as well. EcoPro CEO Song Ho-jun stated this decision on a call with shareholders one week before Ford revealed that it was pushing back production of the Explorer EV, which is scheduled to occur at the Oakville Assembly plant in Canada. “The establishment of the joint venture between SK On, Ford, and ...
News Updated at: 2024/04/11
UAW expands strike to include additional Ford, GM plants
UAW expands strike to include additional Ford, GM plants On September 29 2023, UAW ongoing strike against the “Big 3” OEMs has expanded to include the Ford Chicago assembly plant in Illinois, as well as GM’s Lansing Delta Township assembly plant in Michigan. These two shutdowns add approximately 7,000 workers to picket lines surrounding various UAW-represented facilities, especially final assembly plants. At this moment, a total of some 25,...
News Updated at: 2023/09/30
CEOs of Volkswagen and Ford discuss partnership for commercial vehicles and electrification
CEOs of Volkswagen and Ford discuss partnership for commercial vehicles and electrification On May 25, the Volkswagen Group announced on social media that its CEO Mr. Oliver Blume met with Mr. Jim Farley, CEO of Ford, and discussed a strong partnership for commercial vehicles and electrification.Volkswagen stated that the cooperation aims to improve customer experience and cost efficiency in equal measure. The vehicles under development are VW Am...
News Updated at: 2023/05/26
UAW strikes at Ford supplier Constellium; strike at battery supplier Clarios also continues
UAW strikes at Ford supplier Constellium; strike at battery supplier Clarios also continues On May 18th, it was reported that the United Auto Workers (UAW) labor union has launched a strike at the Constellium plant in Van Buren Township, Michigan, just south of Detroit.The plant produces aluminum structures and crash management systems for the Ford F-150, F-150 Lightning, Explorer and Super Duty at six assembly plants.The 160 employees are striki...
News Updated at: 2023/05/22
U.S. NHTSA opens probe into 1.86 million Ford Explorers over detaching windshield trim
U.S. NHTSA opens probe into 1.86 million Ford Explorers over detaching windshield trim On January 31, the U.S. National Highway Traffic Safety Administration (NHTSA) announced it has opened a safety probe into about 1.86 million Ford Explorer SUVs after reports of the windshield trim panel detaching while driving at highway speeds.NHTSA's Office of Defects Investigation said it has received 164 complaints on 2011-19 Ford Explorers alleging the t...
News Updated at: 2023/02/01
Ford offering USD 2,500 for customers to change their 2023 Bronco orders
Ford offering USD 2,500 for customers to change their 2023 Bronco orders Ford, as many OEMs which have been suffering from supply chain problems that affect their most popular models, is taking action with a new customer program.The new "2023-Model Bronco Cancel Order & Purchase Replacement Offer" gives customers who have been waiting for their new 2023 Bronco to arrive USD 2,500 to either change their Bronco order to a configuration that could b...
News Updated at: 2023/01/21
Ford to soon reach 200,000 electrified vehicle cap for U.S. tax credits
tion as of the end of 2021. Ford has also sold a reported 22,342 battery-electric vehicles in the first six months of 2022 between the F-150 Lightning, Mustang Mach-E and E-Transit, which would bring the total to 182,342 vehicles, which does not count sales of PHEV models like the Escape Hybrid and Explorer Hybrid that would put Ford even closer to the 200,000 unit cap.The U.S. EV tax credit program can provide U.S. consumers with up to USD 7,500...
News Updated at: 2022/07/09
[Auto Shanghai 2021] Ford EVOS makes global debut
[Auto Shanghai 2021] Ford EVOS makes global debut On April 19, the Ford EVOS made its global debut at Auto Shanghai 2021 as the first vehicle developed under Ford’s China 2.0 plan.The all-new EVOS is Ford’s first vehicle developed largely by a China-based team and designed around the Chinese consumer experience and ownership scenarios.The EVOS will be built by Changan Ford, sold and serviced through the Ford NDSD distribution network across C...
News Updated at: 2021/04/20
Ford sells 603,000 units in China in 2020, reflecting 6.1% y/y increase
Ford sells 603,000 units in China in 2020, reflecting 6.1% y/y increase On January 13, Ford Motor (China) Ltd. (Ford China) announced its sales results in China in the fourth quarter of 2020. A total of 190,916 vehicles were sold, reflecting a 30.3% year-over-year (y/y) increase. The Ford, Lincoln, and JMC brands showed a two-digit y/y increase in the quarter. The 2020 full year sales of Ford China reached 602,627 units, up by 6.1% y/y.The Ford b...
News Updated at: 2021/01/15
Ford reports USD 1.9 billion loss for second quarter of 2020
n on investment in Argo AI.Ford had USD 16.6 billion of automotive revenue in the second quarter of 2020, out of total revenue of 19.4 billion.Overall Q2 sales were down 52.7% to 645,000 units, but Ford gained more than one full percentage point of retail share on the strength of its F-150, Ranger, Explorer and Lincoln Aviator and Corsair models. Retail share for F-Series was up 2.5 percentage points to more than 33%, just months ahead of product...
News Updated at: 2020/08/01
LMC Automotive blog: Walking the profitability tightrope
LMC Automotive blog: Walking the profitability tightrope Ford will be keen to move on from 2019 and its muffed launch of the 2020 Ford Explorer at the Chicago assembly plant. When the full-year results were released, CEO Jim Hackett cited the issues with the launch as a critical factor behind the dramatic 99% drop in the company’s net income when compared to 2018, to just US$47 million. He claimed that better “operational execution” was the...
News Updated at: 2020/03/05
Continental Structural Plastics supplies dual-wall-dash engine shroud for 2020 Ford Explorer
Continental Structural Plastics supplies dual-wall-dash engine shroud for 2020 Ford Explorer On August 12, Continental Structural Plastics (CSP), a global leader in highly-engineered, composite vehicle components, announced it is supplying Ford Motor Co. with the industry’s first composite, dual-wall-dash engine shroud for use in the 2020 Ford Explorer. Developed in collaboration with Ford, the composite engine shroud creates an air gap between...
News Updated at: 2019/08/15
Faurecia investing USD 25 million in facility in Puebla, Mexico
up, in Huejotzingo, Puebla. The investment is linked to 200 new job positions. The Premium plant opened in Huejotzingo in 2012 and expanded in 2017 to an area of 20,000 square meters. The Premium plant in Huejotzingo utilizes 104 suppliers and produces 68,000 components weekly for vehicles built in Ford, FCA and Volkswagen plants. Ford recently granted the French auto supplier the Q1 Mexico 2019 Certification for product quality, for components o...
News Updated at: 2019/08/01
Ford unveils all-new Puma SUV-inspired crossover
are supported by standard Auto Start-Stop for further reduced running costs, and a slick-shifting six-speed manual transmission. Puma is also the first vehicle in its segment to offer hands-free tailgate and Lumbar Massage Seat comfort and convenience technologies. For the first time on a B-segment Ford, a rear wide-view camera captures a 180-degree view that can be displayed on a touchscreen inside the car. The new Puma joins Ford’s expanding ...
News Updated at: 2019/06/27
Hankook Tire received a World Excellence Award from Ford
Hankook Tire received a World Excellence Award from Ford Hankook Tire again received a World Excellence Award from Ford, which is the third time for the Company, which also won it in 2005 and 2007. The Company was awarded its first supply agreement from Ford in 1991, to supply tires on an OE basis. Since then, its tires have been mounted on Ford's F-150,Econoline,Edge,Flex,Taurus,Fiesta,Explorer and others. (From a June 11, 2012 press release)...
News Updated at: 2012/06/11
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