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Ford announced plans to invest $5 billion in new electric vehicle production Monday, calling it the company’s “next Model T ...
Billed as a "Model T moment" by the company, Ford Motor Company CEO Jim Farley today announced that the automaker will invest $5 billion into its electric vehicle future, creating 4,000 jobs.
Ford announced the creation of a new production process and platform to help it bring its next EV to market in 2027.
Ford posted an earnings and revenue beat for the second quarter and reinstated full-year guidance, but upped its full-year ...
In Mexico, Ford employs 8,800. The automaker fought back against Trump’s rhetoric on the campaign trail, saying he had his facts wrong and that the company never planned to cut any U.S. jobs.
Mexico helps profitability Ford's decision to invest $1.6 billion will create 2,800 additional direct jobs in Mexico by the end of this decade, with construction on the small car plant to begin as ...
Ford Motor (F) said Tuesday it will invest $1.6 billion to build a new plant in Mexico to build small cars, sparking an outcry from its union and GOP presidential front-runner Donald Trump.
And Ford had insisted that the planned Mexico factory, which was to have led to 2,800 hires there by 2020, would not have siphoned jobs from the U.S. Still, Trump was quick to trumpet Ford’s move.
Ford will still move production of Focus compacts to an existing Mexico factory, though it's also plowing $700 million into a plant south of its headquarters in Dearborn, Michigan.
Ford Motor Co. plans to build a $1.6-billion auto assembly plant in Mexico, creating about 2,800 jobs there and shifting small-car production away from the United States at a time when moving jobs ...
Ford currently has 11,300 employees in Mexico, where it builds the Ford Fiesta, Fusion and Lincoln MKZ as well as the hybrid versions of both are manufactured in Mexico.
Ford Motor Co.’s overdue confirmation that it is moving small-car production to Mexico is grist for another gross oversimplification in this year’s presidential race.