Ford to cut 4,000 European jobs, cites weak EV demand and competition
Berlin: Ford announced plans to cut around 14% of its European workforce, equating to 4,000 jobs, citing weak electric vehicle (EV) demand, limited government support, and competition from subsidized Chinese automakers, media reports said.
Ford likely to manufacture EVs in Tamil Nadu: Report
Chennai: Ford Motor Co. is in talks to produce electric vehicles at its southern India plant in Tamil Nadu, which marks its potential return to the world’s third-largest car market three years after shutting down its local factories.
Ford confirms India re-entry plans, Chennai plant to reopen after 2 years
Bengaluru/IBNS: American multinational automobile manufacturer Ford Motor on Friday (Sept. 13) announced plans to restart a manufacturing facility in Tamil Nadu, potentially re-entering the Indian market it exited three years ago, according to a report by Reuters.
Ford to consider proposal for India re-entry as western markets face speed bumps: Report
New Delhi/IBNS: American multinational automobile giant Ford, which exited India in 2021 over losses and poor sales, could re-enter the Indian market with a global team including CEO Jim Farley as it is set to consider a fresh proposal with a new strategy for the market, reports the Times of India (TOI).
Ford planning to slash 3,200 jobs at German factory: Reports
Berlin: US automaker Ford will cut 3,200 jobs at its factory in the German city of Cologne, German media reported.
Tata Steel to supply 'Zeremis' steel to Ford
Tata Steel on Tuesday announced that it has signed a deal with automobile major Ford for the supply of "Zeremis", or zero-emission green steel.
Tata Motors signs Definitive Agreement for the acquisition of Ford India’s Sanand plant
Mumbai: Tata Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEML) and Ford India Pvt Ltd (FIPL) Sunday signed a Unit Transfer Agreement (UTA) for the acquisition of the latter's manufacturing plant situated at Sanand, Gujarat for Rs 725.7 crore, an official release said.
US: Ford to pump in $3.7 billion to boost EVs, gasoline-driven vehicle prodn
Michigan: Automaker Ford announced Thursday an investment of $3.7 billion in Ohio, Michigan, and Missouri for the production of both EVs and gasoline-driven vehicles, Reuters reported.
Jammu and Kashmir: Autowings Ford organises vehicle delivery event
Srinagar: Autowings ford organised mega vehicle delivery event at Hotel Golden Tulip at hyderpora in which a large gathering of ford customers participated.
Mahindra and Mahindra and Ford call off JV
Mumbai/IBNS: Auto giants Mahindra and Mahindra and Ford have decided to call off their joint venture that started off nearly two years ago, citing global economic and business conditions caused in part by the global pandemic.
Ford recalls vehicles for defective electronic throttles in China
Beijing, Mar 31 (Xinhua/UNI) Ford Motor (China) has announced a plan to recall 610 vehicles sold in the Chinese market due to defective electronic throttles, according to China's market regulator.
Chennai, Sept 17 (IBNS): Mahindra Group and Ford Motor Companyon Monday agreed to explore a strategic alliance, designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model.