The deal is the latest move by a Western automaker to open its factory gates to Chinese competitors as they look to fill capacity and secure the future of their production sites.
Geely Auto will build two electric SUVs at Ford's factory in Spain and the two firms will jointly develop a new model, they said on Thursday, as rising Chinese automakers race to use traditional carmakers' underutilized factories and get ahead of European local-content rules.
A Ford assembly worker who says he was fired after being wrongfully accused of stealing less than $8 worth of Doritos and Ritz crackers is calling on his former employer to "do what's right" and hire him back.
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Ford is recalling nearly 388,000 vehicles over an issue with the second-row seating that could prevent occupants from being properly restrained.
The latest trading day saw Ford Motor Company (F) settling at $14.27, representing a +2% change from its previous close.
Nick Nabozny, 38, a Ford worker at the Michigan Assembly Plant, was fired after he was accused of walking out with Doritos and Ritz crackers.
F faces a Q2 earnings test as weaker U.S. sales and Model e losses weigh against Ford Pro growth and rising software subscriptions.
Ford Motor (F) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
A new, widely followed survey shows that Chrysler is America's worst car brand.
Magnolia Oil & Gas NYSE: MGY said it has agreed to acquire WildFire Energy for approximately $4.06 billion, a transaction management described as a strategic bolt-on that will substantially expand Magnolia's position in the Giddings field and create what it called the premier Eagle Ford/Austin Chalk operator in South Texas.
Kurt Kromm, 60, spent 11 years repairing robots and automated equipment at Ford's Kentucky Truck Plant in Louisville, Ky.