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Amidst today’s wild roller-coaster ride on Wall Street, the news about Ford Motors jumps out. Here’s Barron’s headline: Ford Stock Had Its Worst Day Since 2008 Ford Motor reported earnings that were worse than what Wall Street had expected: Its commercial business couldn’t overcome higher warranty costs. And the stock took it on the chin Thursday. . . On Wednesday, Ford announced a second-quarter operating profit of $2.8 billion, down 26% from $3.8 billion reported in the second quarter of 2023. Wall Street was looking for $3.7 billion, according to FactSet. Barron’s goes on to note that Ford is experiencing...

Ford had plans to build a lot of electric SUVs at a plant in Canada. Instead, it decided to make pickup trucks that people want to buy. As a result, the automaker is putting off plans for electric versions of its Ford Explorer and Lincoln Aviator and will churn out Super Duty pickup trucks at its Oakville, Ontario, plant, The New York Times reported Thursday.

Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion to expand Super Duty production, including $2.3 billion at Ford’s Oakville Assembly Complex in Ontario, Canada, Ford said Thursday. Ford said the Canadian plant, which is expected to come online in 2026, will add annual capacity of roughly 100,000 units of the highly profitable pickups. The announcement comes weeks after Farley said full electrification of “big, huge, enormous” vehicles such as Ford’s Super Duty trucks...

GRAND RAPIDS, Mich. (WOOD) — The shooting at former President Donald Trump’s rally Saturday left Americans around the nation shocked. But he’s not the only president to face this kind of violence. Throughout U.S. history, there have been countless plots and attempts to assassinate U.S. presidents, including President Gerald R. Ford, who grew up in Grand Rapids. Ford survived not one, but two assassination attempts. “Ford mentioned that he didn’t want to be captive in the White House, he wanted to continue to move about the country, connect with the American people,” said Dr. Mirelle Luecke, supervisory curator. And that’s...

SACRAMENTO, Calif. - President Gerald Ford recalled seeing a hand holding a large handgun slipping through a crowd at a Sacramento park before a Secret Service agent lunged at Charles Manson disciple Lynette "Squeaky" Fromme, according to a 38-year-old videotape released Monday. The former president calmly and carefully recalled the attempted assassination in the videotaped testimony that would later be used in Fromme's trial. The roughly 20-minute interview taped in Washington was released by a federal court as the result of a motion filed by a local historical group. In it, Ford gestures gently with his hands and sips water...

American automakers will need to make major changes to their businesses if they want to remain competitive with Chinese electric vehicles (EVs) poised to flood the global market, according to analysis published by auto industry consultants. U.S. manufacturers currently do tens of billions of dollars of business abroad, but Chinese competitors are poised to take over approximately one-third of the global market share by 2030 with particularly strong growth in Europe, South America and Asia driven by EVs and plug-in hybrids, AlixPartners projects in its report. The auto market is evolving to favor EVs thanks in part to the policy...

Ford is unveiling its newest electric vehicle this week. Ahead of its official debut, Ford teased the new EV, claiming “the legend is back.” Ford confirmed the new EV will be revealed on Wednesday, July 10, 2024. The new EV will follow Ford’s electric Explorer as the automaker’s second model based on Volkswagen’s MEB platform. The first all-electric Explorer rolled off the assembly line at Ford’s new Cologne EV plant in Germany last month. It was the first of a 2020 deal with VW to use its platform as it looks to revamp sales in the region. Described as a...

Gerald R. Ford (Republican) v. Jimmy Carter (Democrat) The 1976 presidential election was the first held in the wake of the Watergate scandal, which had consumed the Nixon presidency and resulted in Gerald R. Ford becoming president. Ford had first become Vice President by congressional confirmation in the wake of Vice President Sprio Agnew's own corruption scandal and resignation, resutling in the first American president who had not been elected to be either president or vice president. Ford, the Republican candidate, was pitted against the relatively unknown former 1-term governor of Georgia, Jimmy Cater. Carter ran as a Washington outsider,...

Shortly after Oct. 7, the president of the Ford Foundation, Darren Walker, issued a statement on the foundation’s behalf. Walker, who has been lauded by Laurene Powell Jobs as an "optimist," a "realist," and a "prophet who speaks truth to our world’s most troubling demons," announced that the Ford Foundation would bankroll "immediate humanitarian relief efforts in Gaza and the Middle East." "Administered by our colleagues in the Middle East and North Africa regional office," Walker said, "the resources will go to partners in the region to provide life-saving support and other essential needs to the affected Palestinian civilians in...

For several years, Live Action News has researched and published the facts regarding the abortion pill along with the web of those who fund the manufacturing of the abortion pill as well as its clinical trials and studies. What has been uncovered has been nothing short of shocking: an incestuous funding trail from the investors in U.S. abortion pill manufacturers Danco Laboratories and GenBioPro, whose own dollars have been funneled to various groups behind clinical trials and studies of the abortion pill and its purported safety and effectiveness. Such an arrangement appears to be a possible conflict of interest, which...

Originally, Ford had said in 2021 that it would start production in 2025. Full production at a Ford EV factory in west Tennessee that was to deliver the company’s F150 Lightning electric pickup truck is being delayed. State Sen. Page Walley, a Republican, told the "Tennessee Outlook" full production of the vehicle line was being pushed back by nine months as a result of a “read on the economy.” Ford said in 2021 that it would start production in 2025. Now the electric pickup trucks aren’t expected to be delivered to dealerships until 2026, according to the "Outlook." Ford lost...

It’s November 2023, and, following the October 7 attacks by Hamas terrorists that killed some 1,400 Israelis and at least 31 Americans, thousands of demonstrators march through New York City, calling for the destruction of the Jewish state. Chants of “from the river to the sea, Palestine will be free” echo through the streets, along with “there is only one solution: intifada revolution.” Among the crowd is the infamous Palestinian American activist Linda Sarsour, who warns through a megaphone that a cabal of wily Jews has conspired to place “their little posters” (of kidnapped Israeli civilians) across the city, seeking...

In 2021, Ford announced its goal to sell only EVs in Europe by the end of 2030. It's important for companies to remain flexible with their EV strategies at a time when the market is slowing. Ford is doing just that.

Ford’s attempt to electrify its revenue through electric vehicle production has been a swing and a miss. In response to the decreasing market for EVs, Ford has begun cutting orders from its battery supplies, according to Bloomberg. Even though this changeup will be beneficial in the long run, Ford will not come out of its EV experiment unscathed. Sources told Bloomberg that Ford lost over $100,000 per EV in the first quarter of 2024, more than double its deficit from last year. The news comes as the EV market across the country has taken a hit in 2024. The Associated...

Ford reported losing over $100,000 per electric vehicle sold in the first quarter of 2022, with its electric vehicle division posting a $1.3 billion loss. Electric vehicle sales volumes dropped 20% as Ford was forced to slash prices due to weak industry demand. “Americans don’t want EVs at levels Biden’s climate hysteria require,” businessman Andrew Puzder wrote on X. “Ford’s EV Q1 losses soared to $1.3 billion — a ridiculous $132,000 per EV sold. All Ford’s profits came from combustion engine vehicle sales. Collectivist policies destroy prosperity.” The company expects $5 billion in electric vehicle losses for the year, up...

DETROIT – Two fatal crashes involving Ford's Blue Cruise partially automated driving system have drawn the attention of U.S. auto safety regulators. The National Highway Traffic Safety Administration has opened an investigation of the crashes, both involving Mustang Mach-E electric vehicles on freeways in nighttime lighting conditions, the agency said in documents Monday. The agency's initial investigation of the crashes, which killed three people, determined that Blue Cruise was in use just before the collisions. One of the crashes occurred in February in San Antonio, Texas, killing one person, while the other happened in Philadelphia in March in which two...

Ford’s electric vehicle (EV) division lost $1.3 billion in the first quarter of 2024, which adds up to a $132,000 loss for each of the 10,000 EVs sold. Sales of Ford EVs also plunged by 20 percent compared to last year, and “its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the industry.” Ford expects losses on its Model e to hit $5 billion by the end of the year. More: The losses go far beyond the cost of building and selling those 10,000 cars, according to Ford. Instead the losses...

A mechanical engineer with a zeal for quality, Petersen was only the second person outside the founding Ford family to lead the automaker. Donald Petersen, a former chairman and CEO of Ford Motor Co. whose focus on quality, unbridled product design and a collaborative workplace helped the company recover and prosper during the mid- to late 1980s, has died. He was 97.

Ford announced Wednesday losses of $1.32 billion on its Ford Model-e sector, which represents the company’s electric vehicle business. With 10,000 units sold, the company lost $132,000 on each EV it sold. In the fourth quarter of 2023, the company sold 34,000 units in its Model-e business, which produced $1.57 billion in losses, or roughly $46,176 on each EV sold. “The company expects EV costs to improve going forward, but be offset by top-line pressure,” the company said in a press release. The company’s other sectors, which includes its Ford Pro fleet business and Ford Blue gas-powered and hybrid vehicle...

Ford Motor Co. is recalling more than 450,000 compact SUVs and pickup trucks over loss of drive power because of a battery issue. The National Highway Traffic Safety Administration (NHTSA) announced the recall in a notice Wednesday, which affects 2022-2024 model year Bronco Sport SUVs and Maverick compact pickup trucks manufactured between 2022-2023. An undetected low battery charge could lead to some electrical accessories such as hazard lights not functioning properly or cause a loss of drive power in affected vehicles, according to the NHTSA. The issue affects 456,565 vehicles. Last week, Ford issued another recall for tens of thousands...