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Ford moving compact car production to China

Jun 21, 2017
Starting in 2019 Ford will export small cars from China to the U.S.
Focus compact cars are offered for sale at a dealership in Chicago, Illinois.
Scott Olson/Getty Images

Does a new CEO really mean a new start for Ford?

Mark Fields is out, but is new CEO Jim Hackett the answer to transforming Ford?
"We need to move faster with great clarity so that everybody understands where we're going, our employees, our investors, and the public" said Bill Ford, Ford's executive chairman. Above, a picture of Ford and former CEO Mark Fields.
William Thomas Cain/Getty Images

Ford to fire CEO Mark Fields

May 22, 2017
Investors say the future-oriented CEO wasn't focusing enough on the present.
Ford CEO Mark Fields speaks at the Tribeca Film Festival on April 22, 2017.
Michael Loccisano/Getty Images for Ford

Ford announces job cuts as it seeks to balance near-term profits with long-term goals

May 16, 2017
There’s news that Ford will cut about 10 percent of its global workforce in an effort to help lift its stock. Ford’s CEO Mark Fields has been out there talking about the future of his company as a “mobility” firm that could offer services like car sharing. These are long-term strategies for Ford’s health, the […]

A sales slump for cars can mean deals for buyers

May 2, 2017
Car sales in the U.S. are down, compared to last year, for the fourth straight month. That’s largely across the board. Ford, GM, Fiat-Chrysler and Toyota all reported lower sales. That means the bonanza that the auto industry has been enjoying for the past several years may be cooling off. That means dealership lots are […]

Tesla’s market capitalization is now greater than Ford’s

Apr 3, 2017
Some interesting news in the automotive space today: Tesla, the maker of high-end electric cars, has now surpassed Ford in terms of market capitalization (the total value of all outstanding shares). It seems investors are betting big that Elon Musk can meet growth targets ahead of the much-anticipated release of the Model 3 sedan later this […]

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Ford is increasing its investment in Michigan

Mar 28, 2017
VP Joe Hinrichs says the 'major investments have been in the works for quite some time.'
"We have to make decisions for decades," says Joe Hinrichs, Ford's executive vice president of the Americas. "So we don't get the luxury of making decisions that are four years in nature."
Carl Court/Getty Images

President Trump wants more US auto plants — but there are obstacles

Jan 24, 2017
President Trump told the heads of General Motors, Ford and Fiat Chrysler today that he wants to see new auto plants built in the U.S. He signed an executive order to streamline the permitting process for getting domestic manufacturing projects off the ground, the goal being to reduce what he called the “incredibly cumbersome, long, […]

Companies try to avoid the Trump Twitter treatment

Jan 18, 2017
It’s not even Inauguration Day yet, but we’re getting a pretty clear sense of President-elect Donald Trump’s negotiating style with corporate America. His tweets have chastised manufacturers like Carrier, GM and Ford for outsourcing jobs, prompting those companies to promise to add or retain jobs domestically. And now several others are promising expansions and investments […]