Ford Motor Company has reported a remarkable year in 2023, not only maintaining its leadership in traditional gas vehicle lines but also achieving new records in electric and hybrid vehicle sales. In the electric vehicle (EV) segment, Ford reached new heights. The company sold 25,937 EVs in the fourth quarter, a 24 percent increase over […]
Ford announced on Wednesday a significant price adjustments for its 2024 model year F-150 Lightning pickups. The changes include both increases and decreases in prices across different trims, as the company aims to balance sales growth and profitability. The entry-level Pro trim, primarily for commercial buyers, will see a price rise from $52,090 to $57,090. […]
Ford Motor Company faces a significant divide among its dealers regarding the transition to electric vehicle (EV) sales and services. According to the Detroit Free Press, approximately half of Ford’s dealers in the United States, totaling around 1,550, have opted not to sell EVs in 2024. Instead, they are waiting to decide whether to invest […]
Ford is set to cut the production of its electric F-150 Lightning pickup by half in the coming year, responding to changes in market demand. This decision marks a significant scale-back for the automaker, which had previously ramped up efforts to increase production of the high-profile electric vehicle (EV). An internal planning memo obtained by […]
Ford is expanding its BlueOval Charge Network in North America by 25%, increasing the total number of chargers to over 106,000. The automaker has also announced that Ford electric vehicles will soon be able to charge at more than 15,000 Tesla Superchargers, a significant increase from the initial count of 12,000 announced earlier in May. […]
Ford has announced new pricing for its 2024 F-150 Lightning electric truck, revealing significant increases across multiple configurations. The base model, known as the Pro, will start at $52,090, marking a $2,095 increase from its 2023 price. The XLT variant will cost $59,590, up by more than $2,500, while the Lariat model will see a […]
Ford is recalling 931 units of its 2023 F-150 Lightning pickup trucks due to a defect in the windshield defrosting and defogging system, according to a notification sent to the National Highway Traffic Safety Administration (NHTSA). The recall is being conducted under Federal law and has been assigned the NHTSA Campaign Number 23V-688. The issue […]
Ford has issued a safety recall affecting 34,762 units of its 2021-2022 Mustang Mach-E vehicles. The recall is designated under the National Highway Traffic Safety Administration (NHTSA) Recall No. 23V-687 and Manufacturer Recall No. 23S56. According to the Part 573 Safety Recall Report, the estimated percentage of vehicles with the defect is 100%. The defect […]
Idra, an Italian manufacturer specializing in aluminium casting machines and a supplier to Tesla, has expanded its customer base to include Ford, Hyundai, and an undisclosed European company, reports Reuters. The expansion comes as more automakers are exploring the use of ‘gigapresses’ in vehicle manufacturing. Tesla has pioneered the use of massive casting machines, also […]
Ford Pro, the commercial arm of Ford Motor Company, has announced new additions to its electric vehicle (EV) charging solutions aimed at easing the transition for businesses to electric fleets. The new Series 2 AC Charging Station 80 amp and expanded DC Fast Charger options come with a range of features designed to simplify and […]
The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford Motor’s recall of its 2022 Ford Mustang Mach-E electric vehicles. The agency is determining whether the recall of nearly 49,000 vehicles, issued in June 2022, adequately addressed safety concerns, reports Reuters. Ford initiated the recall after identifying an issue where the vehicle’s […]
In a significant move that underscores Canada’s commitment to green innovation, the Government of Canada and the Province of Quebec announced a joint investment of $644 million towards the establishment of a new battery materials production facility in Bécancour, Quebec. On August 17, 2023, at an event in Bécancour, François-Philippe Champagne, Minister of Innovation, Science […]
Ford says it is revolutionizing its hands-free driving technology, BlueCruise, by offering more flexible subscription plans and free trials for its customers. Currently, there are 225,000 Ford BlueCruise-equipped vehicles worldwide. By 2024, Ford aims to add BlueCruise hardware to an additional 500,000 vehicles across its Ford and Lincoln brands in North America. This move is […]
Ford has appointed Peter Stern, a former Apple executive, as the president of its newly established Ford Integrated Services. Stern, known for his leadership at Apple where he oversaw a suite of services including Apple TV+, iCloud, and Apple Arcade, will now steer Ford’s ambitious digital transformation. Reporting directly to Ford’s President and CEO, Jim […]
Ford’s second-quarter 2023 report reveals solid operating results with a 12% YoY increase in revenue to $45 billion. The surge was largely driven by the popularity of its various product lines including trucks, SUVs, and commercial vans. A standout was Ford’s electric unit, Ford Model e, that registered a revenue increase of 39%, further establishing […]
