Ford’s North American president Raj Nair was ousted last week for unspecified “inappropriate behavior,” yet no one at Ford or elsewhere has named any specifics on the record as to what that was. It was a major unplanned departure for one of Ford’s most senior people, and something that stunned the whole auto industry.…
Raj Nair, Ford’s North America president and one of its top executives, will depart the company effective immediately. In a statement, the company reports that his stepping down follows a recent internal probe into “reports of inappropriate behavior” and that the “review determined certain behavior by Nair was…
As America in 2017 struggles with how much to publicly memorialize the ugliest parts of its past, Detroit has found another way to honor painful history and show that teachable moments have the potential to lift up an entire neighborhood.
For once, Donald Trump’s public rambling and nonsense has led to a good thing: a chairman for Ford’s union confirming production of the revived Ranger and Bronco, which will move into the manufacturer’s Michigan factory when its small-car production goes to Mexico.
If you’ve got an extra $400,000 to spend and missed the application deadline for the new Ford GT—or got rejected by virtue of a deeply saddening letter—chin up, kid! Ford announced that it will make additional cars to satisfy demand, and it looks like they may double the original count.
While other autonomous cars continue to grapple with things like trying to figure out where lanes are on poorly painted roads, Ford’s self-driving project managed to develop a vehicle that doesn’t even need to see ahead. Ford didn’t let it, either—they shut off the headlights and let the car loose in total darkness.
Worried that Applebee's cornered the market on graven images of classic Ford vehicles? Fear not, for Ford will soon have 10,000 shots from its vast archives on Ford Images. Yet there's not a single photo of a Pinto yet.
Ford had quite the display in Shanghai. They dropped an '09 Fiesta from the roof, ecoBoosted a Flex, showed off a Euro-Focus racer, the kinetic-designed Iosis Max Concept and had flying, leather-clad booth professionals. Rowr!
People say "Detroit" deserves to fail. Maybe, but as you can tell by the map below of every manufacturing facility from the domestic automakers, they'll take pretty much the entire Midwest with 'em.
Ford CEO Alan Mulally spoke with CNBC's Phil LeBeau today following the automaker's announcement of $129 million in third quarter loses and announced the company was ready to weather the storm and will continue to develop its product line — but would still love some o' that good ol' socialist government help. The…
Ford has announced third quarter losses of $129 million after pre-tax losses of a total of $2.7 billion. These results are an improvement from the company's $380 million loss in the third quarter of last year. This news comes after a quarter ravaged by the twin problems of high gasoline prices and overall economic…
We wondered if Kirk Kerkorian wasn't just a little mad when he bought a 5.5% stake in Ford after selling his GM stock and unsuccessfully attempting to buy Chrysler. News that he's now bailing on his investment has some estimating that Kerkorian, who owns the primary stake in MGM Grand, lost upwards of $670 million on…
As part of the 100th anniversary of Ford's Model T — happening right no, this very year, the Dearborn automaker announced a design contest among university students to create a Model T for the new century. The mandate: Design a simple, lightweight, practical vehicle that would be priced under $7,000. Six universities…
We've seen bits of evidence that Volvo's future powertrain strategy will incorporate both diesel engines and hybrid drivetrains, but Automotive News now provides more detail on Volvo's evolving propulsion plans. Larger sedans and SUVs will be targeted first, with their V8 engines replaced by a diesel five-cylinder…
Remember how Ford used to claim the Ka was too small for American tastes? Well, it appears American tastes have sufficiently downsized, and Ford CEO Alan Mulally, during an interview on a local Detroit radio show, said an Americanized Ka has quite a few supporters in the halls of the Dearborn automaker. For those not…
Ford is reporting a 34% drop in sales from the same period a year earlier within its core Ford/Lincoln/Mercury brands. Total sales were 116,734 for September 2008 versus over 175,361 during September 2007. The results make September the lowest sales month this year for Ford and the tenth consecutive month of declining…
Remember when Bill Ford Jr. played the hero as Ford CEO, declining a salary in favor of stock while the company was in the middle of its never-ending recovery? Well it seems Billy Jr. decided to cash in some of his chips the other day, to the tune of one million shares of good old "F." At a sale price between $5 and…
We've spent the morning checking out the leaked e-mail from Mark "Mullet" Fields to white-collar staff at Ford calling for another 15% reduction in costs associated with salaried work force. Yes, you heard that right — "costs associated with salaried work force." That doesn't mean a 15% cut in the salaried work force,…
Kirk Kerkorian's Tracinda Corp is planning to add 20 million shares to its current pile of 100 million Ford Motor Company shares and is willing to pay $8.50 per share to do it. Trancinda made the announcement this morning to which Ford has responded with a "thanks for the vote of confidence" style statement. Seems…
It's taken 12 months of steady declines (strategic withdrawals) before Mark Fields could claim a victory in sales, by selling 182,951 cars in November. That's a whopping 0.4% increase over November 2006. Most surprisingly, the refreshed and SYNC-ed Ford Focus realized growth of 18% compared with last year. Sales of…
