Toyota cuts 2026 global EV output plans by a third, Nikkei reports TOKYO: Japan’s Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei... Published 06 Sep, 2024 03:01pm
Business & Finance Ford considers making new SUV in Valencia MADRID: Ford is considering making a new sports-utility vehicle (SUV) at its plant in Valencia in Spain, the company... Published 30 Mar, 2024 04:58am
Business & Finance Ford to pay $365mn in US tariff fraud case NEW YORK: American auto giant Ford has agreed to pay $365 million to settle a civil suit linked to the alleged... Published 12 Mar, 2024 12:34pm
Technology Tesla, rivals get low marks for automated-driving technology DETROIT: Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by... Published 12 Mar, 2024 10:30am
Technology Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread SAN FRANCISCO: Tesla on Wednesday joined General Motors and Ford in being cautious about expanding electric vehicle... Published 19 Oct, 2023 10:12am
World Ford Chairman Bill Ford calls for deal to end UAW strike DEARBORN (Michigan): Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day... Published 17 Oct, 2023 05:51am
Technology Ford pauses work on $3.5bn battery plant NEW YORK: Ford is halting work on a major battery plant in the northern US state of Michigan, the automaker said... Published 26 Sep, 2023 12:36pm
World UAW strikes more GM, Stellantis facilities, cites progress in talks with Ford DETROIT: The United Auto Workers expanded its strikes against Detroit automakers General Motors and Chrysler parent... Published 23 Sep, 2023 10:17am
World 'Premature' to predict hit from US auto strike: Yellen WASHINGTON: US Treasury Secretary Janet Yellen said Monday it is too early to gauge the economic impact from an... Published 18 Sep, 2023 10:39pm
Business & Finance Ford doubles down on hybrid pickup trucks DETROIT: Ford plans to double production of hybrid F-150 pickup trucks in 2024, accelerating the automaker’s pivot... Published 18 Sep, 2023 06:32am
Business & Finance US auto workers launch first simultaneous strike at Detroit Three DETROIT: The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors,... Published 15 Sep, 2023 11:01am
Business & Finance Tesla, suppliers to invest $15bn in Mexico factory MEXICO CITY: A state governor in Mexico said on Monday that Tesla and its suppliers would invest $15 billion over... Published 12 Sep, 2023 09:52am
Business & Finance Ford to cut jobs in US, Canada in a bid to trim costs BENGALURU: Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the ... Published 03 Jul, 2023 06:04am
Business & Finance Ford says it will reduce costs to boost China business SHANGHAI/BEIJING: Ford said on Monday it was working to reduce costs in China as it strives to recover from a long... Published 15 May, 2023 03:37pm
Markets Volkswagen to partner on Indonesia EV battery ecosystem JAKARTA: Volkswagen will build an electric vehicle (EV) battery ecosystem in Indonesia and will partner with miner... Published 17 Apr, 2023 11:36am
Business & Finance Ford to cut 1,100 jobs in Spain MADRID: U.S. auto maker Ford plans to slash 1,100 jobs at its plant located in Valencia in eastern Spain, a company... Published 10 Mar, 2023 05:09pm
Business & Finance Ford to cut 3,800 jobs, mostly in Germany and UK PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as... Published 20 Feb, 2023 06:26am
Business & Finance Ford to cut 3,800 jobs in Europe, mostly Germany, UK PARIS: US automaker Ford said Tuesday it would cut 3,800 jobs in Europe, mostly in Britain and Germany, as... Published 14 Feb, 2023 02:22pm
Business & Finance Ford to cut 3,200 jobs in Europe, says union BERLIN: Ford plans to cut 3,200 jobs across Europe and move some product development work to the United States,... Published 30 Jan, 2023 05:56am
Business & Finance Renault reorganises towards electric future PARIS: French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a... Published 08 Nov, 2022 12:25pm
Business & Finance Ford reports strong demand for new vehicles in September WASHINGTON: Ford Motor Co on Tuesday reported strong demand for new vehicles in the United States in September amid... Published 05 Oct, 2022 07:08am
Business & Finance Ford’s electric drive reinvents historic Michigan factory DEARBORN: Construction crews are back at Dearborn, remaking Ford’s century-old industrial complex once again, this... Published 25 Sep, 2022 11:35am
Business & Finance Ford unveils newest Mustang, extending gasoline-powered life DETROIT: Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown... Updated 15 Sep, 2022 03:53pm
Life & Style Princess Diana's one-of-a-kind Ford Escort goes up for auction LONDON: A unique black Ford Escort driven by the late Princess Diana in the 1980s is due to be auctioned this ... Published 24 Aug, 2022 04:20pm
Business & Finance Ford profits rise on strong Q2 sales, pricing NEW YORK: Ford shares zoomed higher Wednesday as the US auto giant reported increased second-quarter profits on a... Published 28 Jul, 2022 09:51am
Business & Finance Ford doubles down on electric push in Europe FRANKFURT: US carmaker Ford on Monday unveiled plans for seven new electric models in Europe, a battery-assembly ... Published 14 Mar, 2022 05:48pm
Business & Finance Ford unveils new structure as it speeds electric car push NEW YORK: Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto... Published 02 Mar, 2022 07:00pm
Markets Ford, Suzuki to get incentives under India’s $3.5bn clean fuel scheme NEW DELHI: Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for... Published 12 Feb, 2022 05:09am
Business & Finance Ford, Toyota halt some output as US, Canada warn on trucker protests WINDSOR/OTTAWA/WASHINGTON: Ford and Toyota on Wednesday both said they were halting some production as... Published 10 Feb, 2022 11:39am
Technology Biden finally mentions 'Tesla' after Elon Musk complains NEW YORK: US President Joe Biden, who has not publicly referred to Tesla when talking about electric vehicles since... Published 09 Feb, 2022 11:34am