The two automakers will become equal owners of Argo AI, a robocar firm that was majority-owned by Ford, with plans to put autonomous vehicles on the roads in the U.S. and Europe.
In his 32-year career at Ford and then Chrysler, Iacocca helped launch some of Detroit’s best-selling and most significant vehicles, including the minivan, the Chrysler K-cars and the Ford Escort.
The Ford Motor Co. announced Thursday morning that it’s going to “transform” its operations in Europe. That means the automaker will close plants, stop producing some models and lay off what a Ford executive called a “significant number” of its 50,000 European employees. Ford’s been in Europe for more than a century. It’s also the […]
For a city that built its name on car production, it might seem a little counterintuitive that Detroit would take such a liking to electric scooters. But Ford Motor Co. is getting into the game with its recent acquisition of e-scooter startup Spin. Detroit has other e-scooter companies in the area as well. The city is […]
The Big Three — Ford, GM and Chrysler — are moving away from car sales in the U.S. and instead focusing on bigger vehicles like SUVs and pickup trucks for the American market.
