In April, Ford Motor Co. announced that it would stop selling the Taurus, Fusion, Fiesta and C-Max passenger cars, leaving only the Mustang to be sold in North America.
DETROIT—Ford Motor Co. recently announced that it will eliminate about 20 percent of its workforce across Europe and close six factories in a sweeping overhaul aimed at reviving the money-losing region as the company also moves to prepare for the future of electric and self-driving cars.
DEARBORN, MI—Ford Motor Co. said Monday that it is laying off about 7,000 managers and other salaried employees, about 10 percent of its white-collar workforce across the globe, as part of a restructuring plan designed to save the number two automaker $600 million annually.
LOUISVILLE, KY—Ford Motor Co. said Tuesday it will shift 550 jobs from one of its plants here to its nearby Kentucky truck plant to boost production of the Expedition and Lincoln Navigator vehicles to meet growing demand for its large SUVs.
It has witnessed the production of some of the most iconic vehicles in history. It's also a veteran of two world wars and the Great Depression. And, it played a pivotal role in American labor history. Ford Motor Co.'s iconic manufacturing complex on the banks of the Rouge River in Dearborn, MI, has seen it all.
DETROIT—The president of the United Auto Workers union warned automakers that the union is prepared to strike if it doesn’t get its way in upcoming contract talks.
CHICAGO—Ford Motor Co. will invest $1 billion in its manufacturing operations here to expand production of its Ford Explorer and Lincoln Aviator sport utility vehicles.