ford

Ford North American President resigns on misconduct allegations

Ford North American President resigns on misconduct allegations

Ford Motor Company (NYSE: F) announced on Wednesday that its North American president, Raj Nair, will be stepping down from his position following reports of inappropriate behavior saying that Nair engaged in behavior “inconsistent with the co..

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Reported 2017 Fourth Quarterly and Full Year Financial Results

Ford Motor Company (NYSE: F) reported 2017 fourth quarter and full year financial results on Wednesday, highlighting that the companies quarterly revenue went up 7% driven by the higher wholesale volume, and full year revenue up 3%.In 4Q the co..

Ford With Plans to Release Diesel Option for F-150

Ford With Plans to Release Diesel Option for F-150

Ford Motor Company (NYSE: F) has announced plans to release a diesel engine version of their best selling F-150 pickup truck this spring. Ford executives said the diesel model of the F-150 is expected to get 30 miles per gallon fuel efficiency on th..

Automakers Report Mixed U.S. December Sales

Automakers Report Mixed U.S. December Sales

On Wednesday, major automakers reported mixed U.S. sales for the month of December due to big consumer discounts targeted at moving cars off dealer lots before the year ended. New vehicle sales for that month marked a strong year, almost meeting las..

Ford Signs $756 Million Deal with Zotye for Electric Cars

Ford Signs $756 Million Deal with Zotye for Electric Cars

On Wednesday, Ford Motor Company (NYSE: F) signed deal with Anhui Zotye Automobile Co Ltd (SHE:000980), a China-based company, to build, market and distribute electric cars under a new brand in China.Zotye Automobile Co Ltd, which was based in China..

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

U.S. House Passes Bill to Speed Up Deployment of Self Driving Vehicles

On Wednesday, the U.S. House passed a unanimous vote of 54-0 for a bill to speed up the deployment of self driving vehicles. Many auto manufacturing companies are already in a competition to be the first to develop an efficient and working self auto..

Ford Q2 Earnings Beat Expectations

Ford Q2 Earnings Beat Expectations

Ford’s Motor Company (NYSE: F) second quarter earnings was released on Wednesday and surpassed all expectations of analysts.In its second quarter, the automotive car company’s posted a net income of $2 billion, while the total company&rs..