Walmart is partnering with Ford and Argo AI, a self-driving car startup backed by the automaker, to test autonomous delivery of groceries and other goods to Walmart customers in three U.S. cities. The pilot will see Ford Escapade hybrids using Argo AI technology to autonomously deliver Walmart products to customers’ homes in Miami, the District…
Walmart Teams with Ford and Argo AI to Test Self-Driving Grocery Deliveries in 3 Cities
Tesla, Toyota Spar With Ford, UAW Over EV Tax Bill
WASHINGTON—Toyota Motor Corp. and Tesla clashed with Ford Motor Co. and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.–built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota said the plan discriminates against nearly half of American autoworkers who do…
US Democrats Propose Dramatic Expansion of EV Tax Credits That Favors Big Three
September 11, 2021
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Business & EconomyCompaniesCreditsDemocratsEconomieseconomyEVexpansionFordGMPoliticstaxTechUSUS Features
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WASHINGTON—U.S. Democratic lawmakers on Friday proposed an expansion of tax credits for electric vehicles that includes significantly higher subsidies for union-made zero emission models assembled in the United States. The proposal, a key part of President Joe Biden’s goal to ensure EVs comprise at least 50 percent of U.S. vehicle sales by 2030 and boost…
Democrats Propose Dramatic Expansion of EV Tax Credits That Favors Big Three
September 11, 2021
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Business & EconomyCompaniesCreditsDemocratsEconomieseconomyEVexpansionFordGMPoliticstaxTechUSUS Features
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WASHINGTON—Democratic lawmakers on Friday proposed an expansion of tax credits for electric vehicles that includes significantly higher subsidies for union-made zero emission models assembled in the United States. The proposal, a key part of President Joe Biden’s goal to ensure EVs comprise at least 50 percent of U.S. vehicle sales by 2030 and boost U.S….
Ford to Stop Making Cars in India, Take $2 Billion Hit
NEW DELHI—Ford Motor Co. will stop making cars in India and take a hit of about $2 billion because it does not see a path to profitability in the country, becoming the latest automaker to leave the major growth market dominated by Asian rivals. The U.S. carmaker entered India 25 years ago but still has…
Ford Sales Plunge in August as Industry Chip Constraints Persist
By Jordyn Grzelewski From The Detroit News Ford Motor Co.’s U.S. sales plunged by one-third in August compared to the previous year amid an industrywide slide driven by a semiconductor shortage that has dragged on since late last year and pushed new-vehicle inventories to historic lows. Ford sold 124,176 new vehicles in the U.S. last…
GM, Ford Halt Some Production as Chip Shortage Worsens
DETROIT—The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks. General Motors announced Thursday that it would pause production at eight North American plants during the next two weeks, including two that make the company’s top-selling Chevrolet Silverado pickup. Ford will stop making…
Ford Will Halt Production at US Truck Plant for Week Over Chip Shortage
WASHINGTON—Ford Motor Co said Wednesday it will temporarily shutter its Kansas City assembly plant that builds its best-selling F-150 pickup truck due to a semiconductor-related part shortage as a result of the COVID-19 pandemic in Malaysia. The one-week shutdown will begin Aug. 23, the second-largest U.S. automaker said, adding it will also cut a shift…
US Probes Whether Ford Was Slow to Recall Backup Cameras
August 6, 2021
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DETROIT—U.S. highway safety regulators are investigating whether Ford acted quickly enough when it recalled more than 620,000 vehicles last year to fix faulty rear-view cameras. The National Highway Traffic Safety Administration also says it will look into whether the automaker should have recalled more vehicles. Documents posted Friday on the agency’s website say Ford began…
Ford to Offer Salaried Buyouts, Hopes to Cut 1,000 US Positions
WASHINGTON—Ford Motor Co confirmed Thursday it hopes to cut 1,000 U.S. salaried positions as it offers voluntary incentives to leave to some white-collar employees in select areas. The No. 2 U.S. automaker said the “action is to further enable us to match our business priorities with the critical skills needed to turnaround our automotive operations.”
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