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Ford to reveal new EV, platform on August 11, CEO Farley says
Ford to reveal new EV, platform on August 11, CEO Farley says On July 30 during the investors call following release of its Q2 report, Ford CEO Jim Farley announced a new EV strategy and the coming reveal of a new electric vehicle and EV platform on August 11 at its Louisville Assembly Plant in Kentucky. During 2023 negotiations with the UAW, Ford promised to invest USD 1.2 billion into Louisville Assembly and an "all-new EV product" following th...
News Updated at: 2025/08/01
Ford expands Ranger production in Argentina with additional USD 40 million investment
Ford expands Ranger production in Argentina with additional USD 40 million investment On July 28, Ford announced an additional USD 40 million investment in its Pacheco plant in Argentina, bringing the total to USD 700 million. The expansion will allow the production of more than 80,000 units of the Ranger per year, which marks a growth of 30% compared to 2024 and an all-time Ranger production record. Approximately 70% of that volume will continue...
News Updated at: 2025/07/31
UTAS-NOVA invests MXN 930 million in automotive lighting plant in Aguascalientes, Mexico
UTAS-NOVA invests MXN 930 million in automotive lighting plant in Aguascalientes, Mexico On July 22, Chinese company UTAS-NOVA Automotive Lighting Systems began the construction of its new MXN 930 million plant in the VESTA Industrial Park, south of the city of Aguascalientes, Mexico. The facility will generate more than 250 new jobs and will focus on the manufacture of exterior lighting systems for the global automotive industry. The complex wil...
News Updated at: 2025/07/30
Ford Otosan to suspended operations due to annual vacation and maintenance
Ford Otosan to suspended operations due to annual vacation and maintenance On July 18, Ford Otosan announced a temporary suspension of operations at its Gölcük, Yeniköy, Eskişehir, and Craiova plants due to annual vacation and scheduled maintenance activities. The operations at the Gölcük and Eskişehir plants will be paused from July 27 to August 10, 2025, and will resume on August 11, 205. The Yeniköy plant will halt operations from July...
News Updated at: 2025/07/21
Ford EV battery plant threatened by new Chinese government tech restrictions
Ford EV battery plant threatened by new Chinese government tech restrictions On July 15, 2025, the Chinese Ministry of Commerce abruptly announced it would require government licenses for any transfer of eight key technologies for manufacturing EV batteries outside of China. The New York Times reports that the restrictions are effective immediately and apply to any overseas transfer through trade, investment, or technological cooperation. The new...
News Updated at: 2025/07/17
Ionic Technologies, Ireland secures UK government funding to lead rare earth supply chain project
lp build a sustainable and independent UK supply chain for rare earth permanent magnets (REPM). Ionic Technologies will lead the GBP 11 million “CirculaREEconomy” project starting on August 1, 2025. The project aims to produce high purity, separated rare earth oxides (REOs) at its Demonstration Plant in Belfast, UK. Ionic Technologies will receive around GBP 3.1 million from the total funding. Ionic Technologies and its partners will work wit...
News Updated at: 2025/07/15
Webasto to idle plant in New Hudson, Michigan, cut 134 jobs
Webasto to idle plant in New Hudson, Michigan, cut 134 jobs On July 8, Webasto Americas, a subsidiary of Webasto, said it plans to cut 134 workers in the Detroit area because of declining vehicle volumes, marking the company’s latest mass layoff tied to reduced production. Webasto said its plant in New Hudson, Michigan, west of Detroit, will be “temporarily idled.” The layoffs are expected to take place August 19, according to a WARN Act no...
News Updated at: 2025/07/12
Ford still qualifies for battery production tax credits under new Trump budget bill
Ford still qualifies for battery production tax credits under new Trump budget bill On July 8, Ford Motor Co. said it will continue building its USD 3 billion battery plant in Marshall, Michigan, after President Trump’s newly enacted USD 3.4 trillion budget legislation retained key production tax credits that an earlier proposal by Congress would have eliminated. “BlueOval Battery Park Michigan is on track to qualify for the production tax cr...
News Updated at: 2025/07/09
BYD seeks tax cut to boost production at Camaçari plant in Brazil
BYD seeks tax cut to boost production at Camaçari plant in Brazil On July 1, it was reported that BYD officially launched prototype testing at its Camaçari plant in Bahia, Brazil, while requesting a 10 percent import tax rate for SKD units for a period of 12 months. Currently, SKD units are taxed at the same rate as fully imported electrified vehicles, with the rate set at 30% for hybrids, 28% for plug-in hybrids, and 25% for fully electric veh...
News Updated at: 2025/07/04
U.S. auto sales down 5.6% in June; Japanese and European brands with high ratio of imports show significant sales decline
Cars 218,323 259,471 -15.9% 1,448,082 1,559,410 -7.1% Light Trucks 1,040,714 1,074,936 -3.2% 6,660,714 6,308,531 5.6% Total 1,259,037 1,334,407 -5.6% 8,108,796 7,867,941 3.1% Sales by U.S. automakers in June were down 3.8% y/y for GM and up 11.0% y/y for Ford, thanks to the effect of the employee pricing incentive extended through July 6. Stellantis posted a double-digit decline of 17.7%, the same as i...
News Updated at: 2025/07/03
KIRCHHOFF Automotive supplies various parts for VW, BMW, Mercedes, and Ford models
KIRCHHOFF Automotive supplies various parts for VW, BMW, Mercedes, and Ford models On June 18, KIRCHHOFF Automotive, in a newsletter, announced that it is supplying formed parts and welded assemblies, including front and rear side members, front panels, and body forming parts for the Ford Puma and Ford Transit Courier BEV programs. These components are produced across the Craiova (Piteşti) plant in Romania, Mielec in Poland, and Esztergom in Hun...
News Updated at: 2025/06/25
Ford LFP battery plant in Michigan on track with U.S. tax breaks or not
Ford LFP battery plant in Michigan on track with U.S. tax breaks or not On June 23, Lisa Drake, Ford vice president of Technology Platform Programs and EV Systems, presented the USD 3 billion BlueOval Battery Park Michigan plant in Marshall, Michigan, now 60% complete, to the media before "clean room" equipment is installed. “We remain on track to start production of these batteries next year,” Drake said, noting that the company was committe...
News Updated at: 2025/06/25
Ford recalls 304,662 Ford Explorers, Lincoln Navigators over seat latching issue
Ford recalls 304,662 Ford Explorers, Lincoln Navigators over seat latching issue On June 17, Ford announced it is recalling 304,662 of its 2020 through 2025 model year Ford Explorer and Lincoln Aviator three-row sport utility vehicles, which feature second-row outer seats that may unexpectedly fold, slide, or unlatch while driving. The Explorers were produced between October 19, 2018 and November 4, 2024 for the U.S. market, while the Aviators we...
News Updated at: 2025/06/24
Ford Almussafes plant to undergo full production shutdown on June 23, 2025
Ford Almussafes plant to undergo full production shutdown on June 23, 2025 On June 16, multiple sources reported that Ford factory in Almussafes (Valencia) has decided to shut down all engine production lines on June 23, 2025, as part of the RED mechanism. This day was already planned as a vehicle production break, and it will now be a full production shutdown at the factory on June 23, 2025. Based on multiple sources...
News Updated at: 2025/06/17
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
Ford Oakville plant retooling for Super Duty continues amid tariff risks
Ford Oakville plant retooling for Super Duty continues amid tariff risks On June 10, Ford of Canada CEO Bev Goodman said that the company’s CAD 3-billion project to retool its Oakville Assembly Complex is “well in the works” despite tariffs hanging over the North American auto industry, though “it will be late 2026 before we see trucks rolling off the line”. Ford said crews poured the foundation for a new stamping facility this spring...
News Updated at: 2025/06/14
Ford unveils first Ranger PHEV in Europe with 43 km EV range
Ford unveils first Ranger PHEV in Europe with 43 km EV range On June 12, Ford Europe unveiled the new Ranger Plug-in Hybrid (PHEV) — the first Ranger with a gasoline-electric hybrid system that works on-road and off-road. It comes in three versions: Stormtrak launch edition, the rugged Wildtrak, and the high-spec XLT. The model comes with a five-seat Double Cab and a tough, practical load bed that fits a Euro pallet between the wheel arches. ...
News Updated at: 2025/06/13
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 starts Capri and Explorer battery pack assembly in Cologne, Germany
Ford starts Capri and Explorer battery pack assembly in Cologne, Germany On June 12, Ford started the mass assembly of vehicle drive battery packs in three different sizes for exclusive use in Ford’s new generation of electric vehicles, the Ford Explorer and Ford Capri, with both vehicles built at the Cologne Electric Vehicle Center. The new facility has 180 newly installed robots weld, which glue and screw the battery housing together and equi...
News Updated at: 2025/06/12
EcoPro to pause construction on CAD1.2 billion Quebec battery materials plant
EcoPro to pause construction on CAD1.2 billion Quebec battery materials plant On June 10, EcoPro BM said it will suspend construction on its CAD 1.2 billion battery materials plant in Bécancour, Quebec, in “early June,” as U.S. tariffs and slowed EV uptake stall investment in electrification projects across North America. South Korea-based EcoPro described the construction halt as temporary, but because of “the current circumstances, it is...
News Updated at: 2025/06/11