When Ford opened its Chicago plant in February 1924 on the banks of the Calumet River in the Hegewisch neighborhood on the city’s Southeast Side, it was the dawn of the automobile age and the mass ...
Ford and General Motors have stepped in with emergency funding to keep key auto-parts supplier First Brands alive while it navigates Chapter 11 and a high profile fraud case involving its founder. You ...
After struggling to obtain new money from its top lenders, the bankrupt auto-parts supplier said it has secured prepayments ...
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Automotive Components Holdings LLC comprises the former Visteon business and is made up of 17 North American plants and 25,000 employees. It has annual sales of $7 billion, almost all of it with Ford, ...
Due to an ongoing global shortage of a certain part, the Louisville Assembly Plant for Ford Motor Co. is shutting down again for another two weeks.A spokesperson for Ford confirmed the news to WLKY, ...
Ford plans to invest billions in new electric vehicle production, calling it the company’s “next Model T moment.”Ford said Monday it will invest $5 billion into a new assembly line and battery ...
LOUISVILLE, Ky. (AP) — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will ...
Ford Motor Co., which famously popularized the assembly line, has joined Tesla Inc. and other EV makers around the world in a race to find a different, cheaper way to make a lot of cars, and fast. The ...