Ford Motor Company
Automotive industry company news
We scored a rare treat this week while attending the Detroit show and associated events in what I am told was a "really cold" Michigan this...
The global automotive industry stands on the brink of unprecedented change due to the impact of eight discrete megatrends, according to a ne...
Not unsurprisingly, given just-auto's audience, news from the supplier sector generated the most interest from readers this week. Topping the bill was news Corning's Gorilla Glass would be used for the windscreen and rear window/engine cover of the 2016 edition of Ford's delectable GT. The words gorilla and glass should ring a bell with many - it's also used on higher end smartphones and tablets as it often survives even cracking when said gadgets are accidentally dropped and its scratch-resistant properties keep screens looking box-fresh new longer, too.
Engines are expensive items for an automaker to develop and, after sharing some powertrains with former owner Ford, Volvo, under new Chinese owner Geely, developed its own Drive-E engine range. The engines, which are all built with a maximum capacity of two litres and four cylinders, offer lower weight, size and complexity, all resulting in lower emissions, lower fuel consumption and greater driveability.
News that Škoda is building a new, energy-efficient press shop at its main factory in Mladá Boleslav drew a lot of eyes to just-auto.com this week. Construction has now begun on the M4 hall and, next spring, the VW Group automaker will install a servo press line in the new hall that will be able to press aluminium body panels for the first time. The new facility is expected to go into operation in February 2017 at a cost of EUR86m (US$93.47m).
Volkswagen Group stayed very much in the news this week. The company posted a set of results that were dragged down by provision made for costs associated with ‘dieselgate’. I suspect it won’t be the last set of disappointing results to come out of Wolfsburg.
Ford’s Fields tells just auto he wants to revolutionise the automotive customer experience.
Continuing just-auto’s series of interviews with tier one suppliers, Matthew Beecham spoke to Fritz Schweindl, Director Advanced Engineering International Automotive Components (IAC) Europe. IAC is a global supplier of automotive components and systems, including interior and exterior trim.
Ford has developed a 'wearable device', connected to a smartphone app, to help production line workers make faster and more accurate quality checks on new vehicles.
The rumours have been increasing in number in recent weeks and now The Wall Street Journal claims to have information confirming that Ford will indeed build a new plant in Mexico.
Ford in Europe is to offer employees a "voluntary separation program" as it looks to save around US$200m a year in administrative and selling costs.
In 2015 the European car market totalled 14.2m new registrations, an increase of 9.3% over 2014 full year results; the highest since 2009. The market benefited from the last two months of double-digit growth with December setting the highest positive monthly change of the last three years at 1.16m units. Therefore, the last quarter volume increase was the highest of the year, standing at 10.2% more than in Q4 2014, representing 3.42m cars sold in total. The Seasonally Adjusted Annual Rate, SAAR, came in at 16.52m units.
Ford said it had booked record full year pre-tax profit of US$10.8bn (up $3.5bn) in 2015 and net income of $7.4bn (up $6.1bn) on revenue up $5.5bn to $149.6bn. Fourth quarter pre-tax profit rose 96% to $2.6bn. Wholesale vehicle shipments rose 312,000 units to 6,635,000. Better yet, Europe returned to pre-tax profit for the first time in years.
Ford is to add 2017 F-Series Super Duty chassis cab production at its Ohio Assembly Plant, supplementing output in Kentucky.
Ford says it will close down all operations by the end of this year in Japan and Indonesia, where it says it has no prospect of making a profit.
Ford is to standardise automatic start-stop across its entire line of EcoBoost 2017 F-150 pickups.
President Obama's lofty goal of getting 1m plug-in electric cars on US roads by 2015, set back in 2008, with petrol prices averaging nearly US$4 a gallon, has been missed by about 600,000 units, a media report said.
New vehicle sales in Taiwan rose slightly in December, by 0.1% to 41,821 units, according to data released by the Ministry of Transportation and Communications.
Last year, 2015, new car registrations in Europe's Big Five markets passed the 10m units mark, increasing by 8.8% compared to 2014. All five markets posted positive growth with Germany leading the way with 3.2m units, up by 5.6%, although this was the lowest annual increase among the five countries.
New vehicle sales in China jumped by 15.4% to 2.8m units in December, from 2.4m units in the same month of last year, according to data released by the China Association of Automobile Manufacturers.
Ford expects to achieve record 2015 pre-tax profit, excluding special items, and to continue its momentum in 2016 with results that are equal to or higher than 2015.
Paul Neighbour has been appointed Ford Dagenham engine plant manager, following the departure of Martin Everitt, who is now the automaker's director of powertrain manufacturing engineering for Europe, Middle East and Africa.
Ford and its local joint ventures set a record for sales in China in 2015 as volume rose 3% year on year to 1,115,124. December sales also set a record of 124,768 vehicles sold, up 27%.
Like neighbouring New Zealand, Australia saw a new car sales record in 2015 with 1,155,408 new passenger cars, SUVs and commercial vehicles sold. Volume rose 3% year on year in December to 99,616.
New vehicle sales in New Zealand, which face strong competition from used vehicle imports, reached a record 134,041 units in 2015, a rise of 5.4% over 2014.
Ford announced at the 2016 CES show in Las Vegas it was "exploring" linking smart devices like Amazon Echo and Wink to its vehicles to allow owners to control lights, thermostats, security systems and other features of their homes from their car, and to stop, start, lock, unlock and check their vehicle's fuel range remotely.
Ford says it is tripling its fleet of Fusion Hybrid autonomous research vehicles this year and claims that makes the company’s fully autonomous vehicle fleet the largest of all automakers. It also says it will accelerate the development and testing of its virtual driver software in both urban and suburban environments
Google is reported to be in talks with Ford that could see Ford emerging as a key manufacturing partner in the company's plans to bring autonomous cars to market.
As JD Power/LMC Automotive and Edmunds.com predict a big December and an all-time record for US light vehicle sales in the 2015 calendar year, Dublin-based Experian said more than 17m new US light-vehicle registrations were recorded for the 2015 model year.
European Commission officials have approved the acquisition of automotive transmissions specialist, Getrag by Magna International through the EU Merger Regulation, despite there being certain overlaps between both supplier’s activities.
'Make hay while the sun shines' is an old saying that underlines the importance of making the most of clement conditions while you can, for tomorrow, weather conditions may not be so favourable.
Interesting news today that Ford is significantly raising output of the Fiesta in Germany in Q1 (other models, too, but mainly Fiesta). The move prompts a number of thoughts.
Ford Motor Company - Mergers & Acquisitions (M&A), Partnersh
MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...
Ford Motor Company (F) - Financial and Strategic SWOT Analys
Ford Motor Company (Ford) is a manufacturer and distributor of automobiles. It undertakes the manufacturing and distribution of automobiles and vehicles parts across six continents....
Ford Motor Company (USA)
This report presents quick facts about Ford Motor Company, which is principally involved in the Manufacture and Distribution of Automobiles and related Financial Services....
- THE WEEK THAT WAS - Scion and Ford workers' chop
- F23 2 Series Convertible & future BMWs
- Analysis - Bull market for Lamborghini
- Q&A – Delphi Chief Technology Officer, Jeff Owens
- Interview with Harman Connected Car division
- New Ford plant for Mexico & Prius rival - report
- Auto vacancies due to UK skills shortage - report
- VW Group quality chief leaves
- Volvo nixes range extenders
- Wrist smartphone speeds Ford quality checks