Posts Tagged ‘ford news’

Ford Transforming Old Detroit Neighborhood Into Heart of Its Mobility Push

“The Factory” will become headquarters of its autonomous and electric drive programs.

by on Dec.15, 2017

Ford is moving its autonomous vehicle and EV business and strategy teams to "The Factory" in Detroit's Historic Corktown neighborhood.

A long-abandoned building, long known as “The Factory” to residents of Detroit’s old Corktown neighborhood, is getting not only a complete makeover, but also the chance to play a role in the dramatic makeover of both the Motor City and the Ford Motor Co.

Ford is renovating the facility to become the headquarters of its aggressive push into autonomous technology and electrified vehicles. About 220 employees will move to the site, 20 minutes from its main corporate campus in the western suburb of Dearborn.

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One of the advantages of the new location, which is in one of the hottest neighborhoods in a fast-reviving city, is the appeal it will have to the young programmers and other employees Ford hopes to hire, says Sherif Marakby, the director of the autonomous and electrified unit, which has been dubbed Team Edison. (more…)

Ford Denies Plan to Move Next-Gen Fusion to China

Wire report claims midsize model will follow Focus as Ford cuts costs.

by on Dec.14, 2017

The Fusion has lost momentum in a U.S. market increasingly focused on SUVs and CUVs.

Ford Motor Co. says it has no plan to consolidate production of its next-generation Fusion and Mondeo models in China for shipment to markets around the world, countering a report by Reuters.

On Wednesday, the news service referenced automotive suppliers and other sources to indicate the midsize sedans would move out of their current plants in Europe and Mexico with a facility in China taking over as Ford’s single production source. Ford earlier this year announced a similar strategy for the smaller Focus model.

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“We have no plans to export the next-generation Fusion/Mondeo from China to North America and Europe,” Ford said in a statement responding to the wire report. “Fusion/Mondeo are an important part of the Ford car lineup. We will have more information to share about the next Fusion/Mondeo at a later date.”

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Lyft Launches Autonomous Test in Boston

Long-term goal is to go fully driverless.

by on Dec.08, 2017

An autonomous prototype developed by nuTonomy, one of the models Lyft will begin using in Boston.

Lyft has become the latest ride-sharing service to begin testing autonomous vehicles.`

The pilot program, launched in Boston this week, is being run in partnership with self-driving tech firm nuTonomy. Lyft has also been working with both Ford Motor Co. and General Motors, two carmakers that share its long-term goal of going completely driverless in a bid to slash costs while also improving safety.

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“Based on back from pilot participants, nuTonomy’s engineers will adapt and improve our system, so that we can deliver an autonomous transportation experience that is extremely safe, efficient, and comfortable,” nuTonomy said in a statement.

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Ford Inks Three-Year Deal with Alibaba

Agreement opens another door to sell vehicles in China

by on Dec.07, 2017

Ford CEO Jim Hackett, back left, and Alibaba Group CEO Daniel Zhang, back right, oversee the signing of a three-year deal between the two companies.

In the event it wasn’t clear that Ford is serious about increasing its sales in China, it’s new partnership with Alibaba Group should clear up any confusion.

The new three-year agreement announced today with Alibaba, essentially China’s version of Amazon, may offer Ford an online outlet for its vehicles. The deal, which was reported to be in the works earlier this week by TheDetroitBureau.com. The deal came at the end trip by Ford Chairman Bill Ford Jr. and CEO Jim Hackett.

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Last month, Ford committed to a more than $750 million tie-up with Anhui Zotye Automobile Co. to build electric vehicles in China. Earlier this week, Chairman Ford and Hackett announced in plans to bring 50 new vehicles to the Chinese market by 2025, including 15 EVs as well as building five new vehicles locally in that country. (more…)

Ford Moving EV Production From Michigan to Mexico

Move will open up plant to build new line of autonomous vehicles.

by on Dec.07, 2017

“You’re starting to see the foundation of Ford’s bet on AVs (or autonomous vehicles),” said Jim Farley.

Ford plans to shift production of electric vehicles from a suburban Detroit plant to a factory in Mexico, a top company official said. That move will make room at the Flat Rock Assembly Plant for Ford to launch a new line of driverless vehicles that will be used by ride-sharing and delivery fleets.

The move could create some political headaches for the second-largest of the Detroit Big Three automakers. During his campaign for the White House, then-candidate Donald Trump repeatedly bashed Ford’s plans to move small car production from Michigan to a second assembly plant it was building in Mexico. It ultimately scrubbed that facility and will shift production of the Focus model to China, instead.

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“You’re starting to see the foundation of Ford’s bet on AVs (or autonomous vehicles),” said Jim Farley, the president of global markets for Ford.

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Ford Heavy Duty Laying Claim to Biggest, Baddest Truck

New beast puts out 450 horsepower, tows 34,000 pounds.

by on Dec.06, 2017

The 2018 Ford Super Duty boasts a new 6.7-liter Power Stroke diesel putting out 450 horsepower and can tow 34,000 pounds.

Ford is looking to eliminate any doubt about which heavy-duty truck line-up with the introduction of its 2018 portfolio that may be best described as bigger, badder and better than anything else courtesy of the new 6.7-liter Power Stroke diesel.

The new power plant lets Ford’s Super Duty haul and tow more than its competitors, which is the most common measuring stick for claiming the title of “The Best.”

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“Super Duty customers expect the best, and for 2018 we’re giving our customers even more power and torque from our 6.7-liter Power Stroke diesel – delivering the most horsepower and torque available among all heavy-duty pickups,” said Todd Eckert, Ford truck group marketing manager. (more…)

Ford to Test Online Sales in China

Expected to announce partnership with Chinese online giant Alibaba on Thursday.

by on Dec.06, 2017

Up til now, Ford and its Lincoln brand have relied on a relatively conventional dealer model in China.

The vast majority of car buyers around the world now rely on the Internet during at least some part of the shopping process, according to industry data, but Ford Motor Co. is expected to take the next big step this week as it announces a new partnership with Chinese online retail giant Alibaba.

Ford CEO Jim Hackett and Chairman Bill Ford are expected to attend a ceremony in Hangzhou on Thursday where they will be joined by representatives of Alibaba Group Holding Ltd. to announce new venture that could include the use of a new “auto vending machine” store concept, reports the Reuters news service.

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The tie-up, which is also expected to involve at least some of Ford’s existing Chinese dealers, will come just days after the Detroit-based automaker announced plans to launch 50 new vehicles in the booming Asian nation, 15 of them to rely on electrified propulsion technology. Ford is making an aggressive push to expand its presence in China where it lags well behind rivals General Motors and Volkswagen. (more…)

Ford Adding 50 New Vehicles in China, 15 of Them “Electrified”

Detroit automaker hopes to regain momentum in world's largest auto market.

by on Dec.05, 2017

Ford's Peter Fleet faces a tough challenge gaining share in a slowing Chinese market.

Ford, a latecomer to the booming Chinese automotive market, said Tuesday it will launch 50 new models there by 2025, 15 of them “electrified.”

The announcement, made in Shanghai on Tuesday, is meant to shore up the company’s presence in the world’s largest automotive market — Ford’s Chinese sales sagging in recent months. It also indicates the Detroit-based carmaker will fall in line as Chinese regulators push the industry to introduce more low and zero-emissions vehicles in an effort to deal with endemic pollution problems.

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“Between now and 2025, we will launch 50 new vehicles in China, and of those 50 new vehicles, 15 of them will be all-new electrified vehicles,” said Peter Fleet, Ford’s head of Asia Pacific operations.

(more…)

Ford Recalls 202K F-150 Pickups, Explorers

Second time in last two months for truck recall.

by on Dec.04, 2017

Ford recalled more than 200,000 2016 Ford F-150s and Explorers due to a problem with the front seats.

Ford Motor Co.’s F-Series pickup trucks may be the best-selling vehicles in America for nearly four decades, but they’re also creeping up a title the company may not want: most recalled vehicles.

The Dearborn, Michigan-based automaker recalled more than 202,000 F-150s and Explorers for an issue with a front seat adjuster. The recall affects 2016 model year trucks with power front seats.

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A bolt on the seat adjuster may come loose or fall out, according to the company. If the front seat cushion is missing the upper left pivot bolt, it could move more in a collision, potentially increasing the chance of injury.  (more…)

Is Ford Ready to Drive Out of South America?

J.P. Morgan reports Ford execs considering alternatives to stanch “unacceptable losses.”

by on Nov.22, 2017

Ford CEO Jim Hackett continues examine the company's operations, including a potential exit from all or part of South America.

Stung by heavy, ongoing losses that seem to have no end in sight, Ford Motor Co. reportedly is looking at options that could include “selective exits” from emerging markets, notably South America.

Such a move would echo the strategy taken by General Motors since Mary Barra came aboard as CEO nearly four years ago, the automaker pulling out of markets including Russia and India. Since assuming the chief executive post at Ford in May, Jim Hackett has promised to rethink the automaker’s entire strategy, leaving open the prospect of some radical moves.

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Among the options, Ford leadership is considering, “an out-of-the-box transformational plan to stanch what it deems as unacceptable losses in South America which we expect could be announced over the short-term. Ford is evaluating strategies in relation to doing business in emerging markets overall,” J.P. Morgan analyst Ryan Brinkman wrote in a note to investors. “It could also entail selective exits from certain markets.” (more…)

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