Ford Motor Co is recalling 115,539 vehicles in the U.S. due to a defect that could cause the steering column's upper shaft to detach, potentially leading to a loss of steering control, the U.S. National Highway Traffic Safety Administration said on Wednesday.
Ford is packing up and will soon move to its new headquarters a short drive down the road.
Shares of Ford Motor Company ( NYSE: F ) gained 1.04% over the past month after losing 3.70% the month prior.
Ford will cut up to 1,000 jobs in electric car production in the German city of Cologne due to weak demand, the U.S. carmaker said in a statement on Tuesday.
Apparently, new cutbacks in emissions regulations will add billions of dollars to the bottom lines of Ford Motor Co.
Just days after Ford Motor Co. (NYSE: F) said it would completely change the way it makes electric vehicles (EVs), it reported its August and year-to-date unit sales.
Ford saw big growth in August in sales of its three-row Expedition SUV. The most popular Expedition models start at around $74,000.
F expands its BlueOval Charge Network, opening 1,200 dealership fast chargers to all EV drivers across North America.
F recalls 355,000 trucks over instrument panel faults, stepping up testing to restore quality and rebuild customer trust.
The Gartner Digital Automaker Index benchmarks auto companies on their potential to monetize their software.
Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday.
The United Auto Workers (UAW) said on Wednesday it won a vote to at a Ford joint-venture plant in Kentucky to unionize it, but believed 41 challenge ballots still pending to be illegitimate.