F Forex News

Ford To Invest $3 Bln In Canada For Super Duty Pickups

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.
RTTNews | 163 days ago
Ford Recalls About 550,000 2014 Model Year F-150 Vehicles

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.
RTTNews | 186 days ago
Tesla Superchargers Are Open To Ford EVs

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.
RTTNews | 302 days ago
Ford To Cut F-150 Lightning Production By Half In 2024

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.
RTTNews | 382 days ago
GM, Ford To Furlough More Workers As UAW Strike Intensifies

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.
RTTNews | 452 days ago
Canadian Union Unifor Agrees To Ford Deal

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...
RTTNews | 460 days ago
UAW To Strike At More Big Three Plants, If No Serious Progress In Talks By Friday Noon

UAW To Strike At More Big Three Plants, If No Serious Progress In Talks By Friday Noon

The United Auto Workers or UAW union, which has been striking at key plants of General Motors, Ford Motor, and Chrysler parent Stellantis, now plans to step up their actions, if there is no serious progress in negotiations by Friday noon ET, according to UAW President Shawn Fain. In a video released online by the union, Fain said, "Autoworkers have waited long enough to make things right at the...
RTTNews | 466 days ago