Ford Motor Says Cathy O'Callaghan To Replace Marion Harris As Ford Credit President And CEO
(RTTNews) - Ford Motor Co. (F) announced Friday that Ford Credit president and CEO Marion Harris will retire in on March 1, 2023, capping 25 years at Ford.
Harris will be replaced by Cathy O'Callaghan, a longtime global company leader and Ford's vice president and controller since 2018, on February 12. O'Callaghan and Kosman will report to CFO John Lawler.
Mark Kosman, who has played a significant role in aligning financial reporting with the Ford+ growth strategy and is streamlining Ford's ERP, is selected to be chief accounting officer, effective February 12.
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Ford Motors Partners TXU Energy To Offer Daily Free Home Charging Hours
Ford Motor Co. and TXU Energy, a subsidiary of Vistra (VST) announced Monday a partnership to create a new retail energy offering for Ford electric SUV and truck customers in Texas.
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Ford To Invest $3 Bln In Canada For Super Duty Pickups
Automajor Ford Motor Co. announced plans to invest about $3 billion in Canada in its efforts to boost production of F-Series Super Duty pickups, one of its most popular and profitable vehicles. With the investment, Ford will add a third North American assembly plant at the Oakville Assembly Complex in Ontario, Canada, to meet the increasing Ford Pro customer demand.
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Ford Recalls About 550,000 2014 Model Year F-150 Vehicles
Ford Motor Co. (F) on Tuesday issued a recall for a total of 552,188 2014 model year F-150 pick-up trucks in the United States due to a Powertrain Control Module (PCM) issue, the National Highway Traffic Safety Administration said on Tuesday.
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Tesla Superchargers Are Open To Ford EVs
Owners of Ford Motor Co. electric vehicles can now use Tesla Superchargers, Ford chief executive Jim Farley announced. Under the charging partnership between the auto majors, which involves use of fast-charging adapters, the option to use Tesla's thousands of superchargers were opened on Thursday, with Ford being the first user.
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Ford To Cut F-150 Lightning Production By Half In 2024
Ford Motor Co. plans to cut production of its electric F-50 Lightning pickup trucks by about half in 2024 amid changing market demand, reports said citing a company email. The news comes as demand for electric vehicles is said to be slower than expected reflecting higher prices and interest rates.
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Ford Pro, Xcel Energy Aim To Install 30,000 EV Charging Ports By 2030 For Business Fleets
Ford Pro, the commercial division within Ford Motor Co. (F), and clean energy company Xcel Energy, Inc. (XEL), announced Tuesday a unique collaboration to support the deployment of 30,000 electric vehicle (EV) charging ports in Xcel Energy service territories across the U.S. by 2030.
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GM, Ford To Furlough More Workers As UAW Strike Intensifies
General Motors and Ford Motor reportedly said they are furloughing 500 more workers at four plants hit by the ongoing strike by United Auto Workers or UAW union seeking better contract terms. GM plans to furlough 130 employees at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center. Meanwhile, Ford would furlough 330 workers at its Chicago Stamping and Lima, Ohio Engine plants.
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Canadian Union Unifor Agrees To Ford Deal
Amid the ongoing strike by U.S autoworkers against the Big Three over demands for better pay and benefits, Canadian auto union members ratified a new three-year collective labor agreement with Ford Motor Co.'s Canadian unit., preventing possible walkouts. In a statement on Sunday, Unifor, the Canadian general trade union, said its Ford members voted 54 percent in favour of the new tentative...
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