Follow Us:
Saturday, April 04, 2020



Tesla's market value zooms past that of GM and Ford - combined

January 09, 2020 11:21 am

Tesla Inc's stock jumped nearly 5 per cent on Wednesday, closing at a record $492.14 per share and elevating its market capitalization to almost $89 billion, or $2 billion larger than the sum of General Motors' and Ford's respective market caps of $50 billion and $37 billion.

Lee Iacocca, automaker who led both Ford and Chrysler dies at 94

July 03, 2019 10:30 am

Lee Iacocca gave America the Ford Mustang and Chrysler minivan, and was celebrated for saving Chrysler from going out of business. Many magazines portrayed him as the avatar of the American Auto Age

Ford to cut 12,000 jobs in Europe by end of 2020

June 27, 2019 5:43 pm

The challenge of investing in electric, hybrid and autonomous vehicles while having to overhaul combustion engines to meet new clean-air rules, has forced Europe's carmakers to slash fixed costs and streamline their model portfolios.

Ford to close Wales engine plant in 2020: Union

June 06, 2019 4:47 pm

Ford is making cuts in several markets to turn around loss-making operations and has also repeatedly warned the British government that it needs free trade to be maintained with the European Union after Brexit, the terms of which remain unclear.

Despite Trump tweet, Ford says it won't make hatchback in US

September 10, 2018 8:11 am

Citing Trump's new tariffs, Ford on August 31 said it was dropping plans to ship the Focus Active from China to America.

Ford introduces manual transmission, petrol top-end EcoSport

March 19, 2018 4:07 pm

The new Titanium+ variant will be paired to Ford's latest three-cylinder 1.5 litre petrol engine and feature five-speed manual transmission, the company said in a statement.

Ford goes 'all in' on electric cars with $11 billion investment, to develop 40 EVs by 2022

January 15, 2018 3:18 pm

With the announcement of a $11 billion investment to develop 40 electric vehicles by 2022, Ford Executive Chairman Bill Ford declared that the automaker has gone 'all in'.

Ford to test new self-driving vehicle technology in 2018

December 08, 2017 6:18 pm

Ford gets ready to test out self-driving cars in 2018 by partnering with Lyft and Dominos Pizza

Automakers, seeking Silicon Valley tech in vehicle systems, land in patent wars

December 08, 2017 6:09 pm

Top automakers are now entering patent battles, as they try to enable their vehicles with cutting-edge technology features being provided by Silicon Valley companies.

Alibaba, Ford to cooperate in search for new retail opportunities

December 07, 2017 4:24 pm

Apart from selling Ford's range of cars on its Tmall online retail, Alibaba will work to explore cloud computing technologies.