Posts Tagged ‘ford news’

Ford Recalling 1.3M F-Series Trucks

Action is the second recall in less than a week for the automaker.

by on Oct.18, 2017

Ford is recalling 1.3 million F-Series trucks due to a problem with door latches.

Ford is recalling 1.3 million F-Series trucks in North America to resolve a door-latch problem. The recall involves about 1.1 million pickups in the U.S., 222,408 in Canada and 21,090 in Mexico.

The Dearborn, Michigan-based automaker is recalling certain 2015-17 Ford F-150 pickups and 2017 Super Duty trucks due to frozen door latches or damaged actuation cables that may prevent a door from opening or closing.

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“In affected vehicles, a frozen door latch or a bent or kinked actuation cable may result in a door that will not open or will not close condition,” according to the maker. (more…)

Ford Addressing Exhaust Fume Concerns with 1.4 million Explorer SUVs

Detroit maker offering free inspections, repairs; recall could be in offing.

by on Oct.17, 2017

Ford is addressing concerns about exhaust fumes entering the cabins of 1.4 million Explorers.

Facing concerns about possible exhaust fume leaks in more than 1 million of its midsize Explorer SUVs, Ford is telling owners it will inspect the vehicles and, if necessary, make free repairs.

The Explorer came under scrutiny when reports began to surface that some versions of the popular SUV, modified for use by police, may have been experiencing exhaust fume leaks, including deadly carbon monoxide, into the passenger compartment. That briefly led some police departments to pull their Explorers out of use until repairs could be made.

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But despite the automaker’s insistence that civilian versions of the SUV “are safe,” there has been growing concern that the issue is more widespread than initially thought. The National Highway Traffic Safety Administration currently has an open investigation underway. (more…)

Leaner, Faster, More High-Tech, Ford CEO Hackett Outlines His Vision of the Future

Maker will focus on electric vehicle development.

by on Oct.04, 2017

Ford Motor Co. CEO Jim Hackett spent his first 100 days rethinking all aspects of Ford's business.

(Updated)

Ford Motor Co.’s new CEO Jim Hackett emerged from a 100-day review of the company’s challenges, capabilities and strategies late Tuesday afternoon to reveal a series of changes expected to yield billions of dollars in savings for the second-largest U.S. automaker while also driving up sales, revenues and margins by targeting new business opportunities in both the U.S. and overseas markets.

The former head of furniture maker Steelcase, Hackett said Ford has to prepare for the disruptions threatening the auto industry while using them to boost revenues. Joined at Ford headquarters in the Detroit suburbs by four of his top lieutenants, Hackett outlined a series of key goals and changes that will include, among other things a reduction in the number of sedans and conventional passenger cars while shifting capital to the development of more utility vehicles and electrified vehicles.

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Improvements in the product development and manufacturing process, meanwhile, will yield about $10 billion annual savings, said the 62-year-old Hackett. Acknowledging Ford had “fallen short on key targets,” the new CEO promised to deliver profit margins of at least 8%, up from the current 6.1%, a figure he said “simply (is) not good enough.”

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Pricing on New Ford Super Duty Limited Approaches $100K

The new model is a long way from the early low-priced farmer's hauler.

by on Sep.29, 2017

Ford's top of the line Super Duty pickup truck now comes in just shy of $100,000.

The price of Ford Motor Co.’s latest addition to the company’s expensive pickup fleet is now fixed at just under $100,000.

Ford unveiled the new F-Series Super Duty Limited that sets new luxury standards for high-end heavy-duty truckers at the Texas State Fair in Dallas, Texas.

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With pricing at $87,100, the F-450 Limited delivers technology and comfort previously reserved only in premium flagship sedans, Ford officials said. In addition, it is capable of towing more than 30,000 lbs. – about the weight of a stealthy Air Force F-35 fighter plane. (more…)

Lyft Set to Start Using Large Numbers of Ford’s Driverless Vehicles

Move could change automotive equation, threatening retail auto market.

by on Sep.27, 2017

Ford is partnering with Lyft, which is partially owned by General Motors, to advance its self-driving vehicle technologies.

Ford Motor Co. will partner with Lyft, the country’s second-largest ride-sharing service, to begin fielding a substantial number of the driverless vehicles the automaker is developing by early in the coming decade.

Moving the driver out of the vehicle is a key goal for Lyft and rivals like Uber, the industry giant, because they compromise the single largest part of the cost of providing rides. Both companies are betting that if they can go driverless they can reduce prices to the point where it will be cheaper to hail a ride than to own a personal vehicle. But that strategy does raise concerns about the long-term impact on retail vehicle sales in the U.S. and other parts of the world.

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“We know the technology has the potential to have a profound impact, but it’s time to look beyond the potential and talk about how it can be applied in helpful ways to create a viable business,” said Sherif Marakby, Ford’s vice president for autonomous vehicles and electrification. (more…)

When it Comes to Jobs, Automakers Give – and Take Away

Industry announces plans for 12,000 jobs long-term, but cutbacks costing thousands now.

by on Sep.25, 2017

Mercedes is one of the automakers getting set to expand U.S. operations and create new jobs.

If you’re looking for a job at an auto assembly plant, hang tight, there will be thousands of new openings over the next several years. But for now, you might want to look elsewhere.

The auto industry was one of the sparks that helped set fire to the U.S. economy after the Great Recession, and since just the beginning of the year, manufacturers ranging BMW to Volvo have announced plans to add at least 12,000 new jobs as they add new U.S. assembly plants or expand existing ones.

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Ford Planning Temp Shutdowns at Five N.American Plants

Move reflects worsening U.S. new car market.

by on Sep.20, 2017

Lincoln dealers have 162 days worth of Continentals on lots, over twice the industry norm.

Ford Motor Co. plans to temporarily idle five North American assembly lines to cope with slowing sales and mounting inventories.

The closures are the latest in an expanding series of production adjustments the auto industry – primarily Detroit’s Big Three – has made since the beginning of 2017, the first year since the end of the Great Recession to suffer an auto sales downturn.

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Tens of thousands of U.S. workers have so far been impacted, some facing long-term layoffs, others idled for just a week or two at a time. Ford said the factories covered by its latest move employ over 15,000 hourly workers, though it did not offer a breakout indicating how many actually will be idled.

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Ford, Mahindra Team Up in India, Eye Other Emerging Markets

Move follows GM’s decision to abandon Indian market.

by on Sep.18, 2017

For the 2018 model year, Ford's smallest SUV, the EcoSport, gets a facelift just in time for its U.S. debut. The small ute is built in India and shipped to the U.S.

Just months after General Motors decided to pull out of the Indian automotive market Ford Motor Co. is hoping to kick-start its struggling operations there by teaming up with local pickup and SUV manufacturer Mahindra & Mahindra.

The strategic alliance marks the second time Ford and Mahindra have tried to team up. They ended a three-year venture focused on producing small sedans in 2005. The new partnership could prove critical for Ford, which had been considering exiting India despite the fact that many analysts believe the market could eventually be nearly as large as China’s.

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“Ford is committed to India and this alliance can help us deliver the best vehicles and services to customers while profitably growing in the world’s fifth largest vehicle market,” said Jim Farley, Ford executive vice president and president of Global Markets. (more…)

Ford Ponies Up $5M for American Center for Mobility

Matches Toyota's $5 million donation.

by on Sep.15, 2017

Ford is donating $5 million to help sponsor the new American Center for Mobility near Detroit.

Ford Motor Co. is now the second automaker to invest in the American Center for Mobility driverless vehicle test site. The automaker is putting $5 million into 335-acre facility, giving it a “founder-level” sponsorship.

The move follows Toyota’s $5 million donation earlier this year to help jump start the site, located at the former Willow Run bomber plant in Ypsilanti, Michigan, a western suburb of Detroit. It is expected to begin operations in December. AT&T is also a founding sponsor. The ACM is expected to cost $110 million.

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Ken Washington, Ford vice president of research and advanced engineering and chief technology officer, noted the company’s investment keeps Michigan at the forefront of autonomous technology development. (more…)

Ford Freshens Up Little EcoSport Ahead of U.S. Arrival

European version takes a bow in Frankfurt.

by on Sep.12, 2017

For the 2018 model year, Ford's smallest SUV, the EcoSport, gets a facelift just in time for its U.S. debut.

Already a solid performer in the European market, Ford is giving a subtle facelift to the pint-sized EcoSport SUV ahead of its American arrival next year.

The smallest ute in the Detroit automaker’s line-up began life in Brazil back in 2003 and is beginning a global rollout that marks the worldwide surge in demand for small SUVs. The version Americans will start to see in showrooms a year from now is set to become the first Indian-made vehicle exported to the U.S.

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The updated Ford EcoSport debuting at the Frankfurt Motor Show adopts a more modern face, and nicer interior, adds a new diesel package and its first all-wheel-drive option, while also beefing up its technology with, among other things, the addition of the latest Sync 3 infotainment system. (more…)

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