Jim Farley

Hal Sperlich, the automotive genius behind the Ford Mustang, passed away on Monday at 95. What Happened: Sperlich is best known as the chief architect behind the Ford Mustang and the Chrysler minivan. A Detroit and Saginaw native, Sperlich trained to be an engineer at the University of Michigan....

Ford Motor Co (NYSE:F) shares opened on Tuesday morning with a 10% nosedive a day after the company released its third-quarter financial results post-market, according to Benzinga Pro. Ford reported a revenue of $46.2 billion, surpassing the consensus estimate of $41.88 billion. The company’...

Ford Motor Co.’s (NYSE:F) EV segment continued to be bogged down by industrywide pricing pressure during the third quarter when it recorded a loss of $1.2 billion in EBIT. What Happened: For the third quarter, Ford’s EV segment called “Model e” reported an EBIT loss of $1.2...

Ford Motor Co (NYSE:F) reported financial results for the third quarter after the market close on Monday. Here’s a look at the key metrics from the quarter. Q3 Earnings: Ford reported third-quarter revenue of $46.2 billion, beating the consensus estimate of $41.88 billion, according to ...

Ford Motor (NYSE:F) CEO Jim Farley explained his intent behind driving the Xiaomi SU7 EV over the past six months in a post on social media on Wednesday. Farley responds: “I try to drive everything we compete against,” Farley said in a post on social media platform X. “Specs can...

Ford Motor Co‘s (NYSE:F) model year 2025 Mustang Mach-E will start at $36,495, much lower than the starting price of the model year 2024 version of the SUV, the company said on Monday. What Happened: “For the 2025 Ford Mustang Mach-E, we’ve made some big updates based on customer...

Ford Motor Co (NYSE:F) will provide home chargers for free to customers who buy or lease a new electric Ford vehicle in the U.S., company CEO Jim Farley said on Monday. What Happened: On buying or leasing a new Mustang Mach-E, F-150 Lightning, or E-Transit, customers will get a complimentary home...

Ford Motor Co. (NYSE:F) CEO Jim Farley drove through Europe in an electric vehicle in August and came back with several realizations including the need for a better charging infrastructure if EV adoption is to pick up pace in the U.S. What Happened: Farley drove from Germany to Italy to meet with...

Ford Motor Co (NYSE:F) said on Thursday that its profitable Ford Pro segment’s CEO Ted Cannis will retire at the end of the month. What Happened: Cannis has been leading the commercial vehicle business segment since its formation in 2021. He will now be replaced by Ford Blue segment Andrew...

Tesla Inc. (NASDAQ:TSLA) engineer Wes Morrill said on Tuesday that he is considering “stuck detection” on the Cybertruck to give drivers ideas on how to get unstuck in case they get trapped somewhere when offroading. What Happened: Morrill was responding to a video from former Fox News...

Ford Motor Company (NYSE:F) is scrapping plans for a large electric sport-utility vehicle and expects to take $1.9 billion in related write-downs on the move as the automobile giant adjusts to softer-than-expected demand for electric vehicles. Ford instead plans to offer hybrid gas-electric...

Dearborn-based Ford Motor Co (NYSE:F) said on Friday that it sold 31% more EVs in the U.S. last month than last year, thanks to the rising popularity of its EV pickup truck. What Happened: Ford sold 8,242 electric vehicles in July, marking a 31% growth from the 6,280 units sold in July 2023....

Ford Motor Co.’s (NYSE:F) CEO Jim Farley underscored that the company will focus on smaller, affordable electric vehicles even if former President Donald Trump wins the 2024 presidential elections in November. Future For Ford EVs: During Ford’s second-quarter earnings call, Farley...

In the wake of second-quarter earnings announcements, shares of leading automakers such as Ford Motor Company (NYSE:F), Tesla Inc. (NASDAQ:TSLA), and General Motors Company (NYSE:GM) experienced a downturn on Thursday. What Happened: Tesla’s shares fell by 2.03%, Rivian Automotive Inc‘s...

Automotive giant Ford Motor Company (NYSE:F) reported second-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Ford reported second-quarter revenue of $47.8 billion, up 6% year-over-year. The revenue beat a Street consensus estimate of $44...