SEARCHED FOR:JIM HACKETT
Ford announces Jim Farley as new CEO as it eyes bigger electric push
Hackett, 65, will hand over the job to Farley, 58, on October 1, but stay on as a special advisor through March 2021. Hackett joined Ford in 2017 from furniture company Steelcase and was known for his skills in turning around struggling organizations. Hackett has overseen some major shifts at the 117-year-old Detroit auto staple, including phasing out most sedan models and launching the Mustang Mach-E.
Ford CEO tells employees: 'Time to bury' 2018, focus on doubling profit
Ford announced its fourth-quarter results on Wednesday, reporting a 2...
Ford to cut thousands of jobs in Europe, eyes plant closures
Ford last year kicked off a company-wide $11-billion restructuring after both Eu...
Ford plans $11.5 billion in extra cuts, killing most US cars
The automaker expects to save $25.5 billion by 2022, Chief Financial Officer Bob Shanks told reporters as Ford reported first-quarter earnings per share and revenue that beat estimates.
Ford F-150 gets a revamp, interior & hands-free driver assist system remain the main focus
Now it's time for another revamp, and Ford is playing it safe with the company's crown jewel.
Mahindra set to take control of Ford’s India auto business
Ford will transfer its India operations to the joint venture, including manufacturing plants & employees.
Ford to put struggling India business into venture with Mahindra
Mahindra, one of India’s largest automakers, will own 51% of the new entity, sources said.
Why self-driving car is still some distance away
The boundless optimism that surrounded driverless cars only a few years ago has been tempered by a slew of challenges.
Ford ousts US chief Raj Nair over ‘inappropriate behaviour'
While Ford declined to detail what that led to Nair’s immediate exit, he’s departing as misconduct befalls prominent men from Washington to Hollywood.
Domino's testing Ford's self-driving vehicle to deliver pizzas
Previously, Ford CEO Jim Hackett had said the company expected to launch a self-driving vehicle for commercial ride-sharing fleets in 2021.
Ford goes 'all electric' with $11 billion investment; promises 40 vehicles by 2020
The investment figure is sharply higher than a previously announced target of $4.5 billion by 2020.
Mahindra, Ford may extend tie-up to make electric vehicles for India
The partners are still studying what to collaborate on, but Mahindra said electric cars have been central to the conversation since he negotiated the alliance with executive chairman Bill Ford.
Ford, Lyft will partner to deploy self-driving cars
Ford self-driving test vehicles will be connected to Lyft's network, but at first, customers will not be able to use them, Sherif Marakby, Ford's vice president for autonomous vehicles and electrification, told Reuters.
Want a piece of Ford's $28 billion hoard? Don't hold your breath
The carmaker’s $28 billion cash pile isn’t “burning a hole in our pocket,” Hackett said.
Ford-M&M alliance a step towards success in India: Anurag Mehrotra, MD, Ford India
"In the past one year and a half, we have introduced all new platforms, products and powertrains ranging from Figo and Aspire to Endeavour and Mustang," said Mehrotra.