Tag Archives: ford motor

California, Automakers Defying Trump Agree on Emissions

On April 13, 2018, however, the Trump Administration took the first step toward dismantling the national program when it issued a revised final determination that alleged the federal greenhouse gas standards for model year 2022-2025 vehicles were no longer appropriate.kxhw@aol.com Continue reading

Posted in auto news, environment, fools 'n frauds, fuel economy or emissions, manufacturing, milestones | Tagged , , , , , , , , , | 1 Comment

IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures

So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading

Posted in auto news, economy, labor issues, manufacturing | Tagged , , , , , , , , , , , , , , | Leave a comment

Ford Invests $1 Billion in Chicago Plants for Explorer, Police Interceptor, Lincoln Aviator

Ford was the No. 1 producer of vehicles in the U.S. and the leading exporter of vehicles from the U.S., building nearly 2.4 million in 2018, Ford says it employs the most hourly U.S. autoworkers. Continue reading

Posted in auto news, manufacturing, new vehicle, news analysis | Tagged , , , , , , , , , , , , , , | 1 Comment

Ford Manufacturing Executives from General Pacheco Plant Sentenced for Crimes Against Humanity in Argentina

Müller was the plant’s manager and Sibilla was security manager at the time the crimes were committed. According to Spain’s El País newspaper, the judges ruled that Müller and Sibilla were actively involved in the dictatorship’s plan to repress union leaders at large companies. Continue reading

Posted in labor issues, litigation, people | Tagged , , , , , , , , , , , , | Leave a comment

ClimaCell Raises $45 Million to Map the World’s Microweather

ClimaCell is the first microweather technology company, finding and forecasting location-specific, short-term weather that others can’t see. While traditional weather companies forecast at the city level, ClimaCell forecasts at the street level. Continue reading

Posted in auto news, autonomous vehicles, electronics, environment, marketing, safety | Tagged , , , , , , , , , | Leave a comment

Ford, Uber And Lyft Announce Agreement to Share Data

Ford Motor Company, Uber and Lyft today announced a pledge to SharedStreets, a new data platform designed – it’s claimed – to make it easier for the private sector to work with cities around the world to use your driving data to improve urban mobility. No mention of privacy or legal issues arising from the personnel data were addressed. Continue reading

Posted in auto news, electronics, energy, environment, fuel economy or emissions, milestones, news analysis, transportation | Tagged , , , , , , , , , | Leave a comment

Versata, Not Ford, Owns Trade Secrets says Federal Judge

Versata declared publicly that the jury verdict could result in hundreds of millions of dollars of damages to Ford and could result in an injunction from using the “copycat” substitute software Ford secretly created behind closed doors that infringes on Versata’s property rights. Continue reading

Posted in auto news, electronics, litigation, news analysis | Tagged , , , , , , , | Leave a comment

Ford Reorganizes Again Under Product Line Management Flag

Ford Motor is traveling well-worn pothole ridden roads. The move comes as Ford stock continue to languish below $10 a share of common as Wall Street remains skeptical of it future earnings potential. Continue reading

Posted in auto news, engineering, manufacturing, marketing, news analysis, people | Tagged , , , , , , , , , | Leave a comment

Ford Places $1B Bet in Argo AI on Autonomous Vehicles

The very small Argo AI team of specialists in robotics and artificial intelligence is led by founders Bryan Salesky, CEO, and Peter Rander, COO. Both are alumni of Carnegie Mellon National Robotics Engineering Center and former heads of the self-driving car teams of Google and Uber, respectively. Continue reading

Posted in autonomous vehicles, electronics | Tagged , , , , , , , , | Leave a comment

During Q2 Ford Posts Best Profits, $2.9B, Since 2000

It was Ford’s best automotive quarterly profit since 2000. Continue reading

Posted in financial results | Tagged , , , | Leave a comment

Ford Motor Used Vehicle Sales Running at Record Levels

In general, automakers are setting record used car sales through their dealers as the U.S. economy slowly recovers – more than 80% of workers commute to work in vehicles – and interest rates remain at absurdly low rates as taxpayers continue to subsidize the bankers and Wall Street firms that caused the Great Recession. Record high new vehicle prices – more than $30,000 on average for a car, +$40,000 for a truck – are also forcing some buyers into used vehicles. Continue reading

Posted in aftermarket, auto news, sales | Tagged , , , , | Leave a comment

Ford Motor Q2 Profit at $2.6 Billion or 30 Cents a Share

Ford Motor Company [NYSE: F] reported Q2 2013 pre-tax profits of $2.6 billion today, or 45 cents per share. The good overall result, which had analysts gushing over an automotive operating margin of 6.4%, improved 1.5 percentage points from 2012 at $726 million, or 15 cents per share, higher compared with a year ago. Continue reading

Posted in auto news, financial results | Tagged , , , , , | Leave a comment

Ford Motor Posts Q1 Profit of $2.1 Billion

The Ford Motor profit of 41 cents per share was $147 million lower than a year ago as results in Asia were weak because of ongoing expansion; weaker still in South America because of currency problems in Venezuela and Argentina, as well as competition, and frankly disastrous in Europe where Ford has not been able to stem a flood tide of red ink for decades. Continue reading

Posted in auto news, financial results | Tagged , , , , | Leave a comment

Ford Makes $8 Billion in 2012 – Almost all in North America

Ford remains heavily dependent on the slowly recovering North American auto market, where it earned $8.3 billion, with an operating margin of 10% on sales of 2.8 million vehicles during 2012. Because of Ford’s 2012 financial performance, the company will make profit sharing payments to 45,800 U.S. hourly employees of $8,300 each. Ford expects similar North American results in 2013, with perhaps a profit increase if the pickup truck – where it is the sales leader – market continues to recover. Continue reading

Posted in auto news, economy, financial results, results | Tagged , , , , , | Leave a comment

Ex Ford EVP David Thursfield Sentenced to Jail over Divorce

David Thursfield, a former executive vice president of Ford Motor Company and then a top Cerberus executive, has been sentenced to two years in jail in Great Britain for allegedly hiding assets during a contentious divorce settlement in 2005. Continue reading

Posted in litigation, people | Tagged , , , , , , | 1 Comment