Ford CEO discusses auto industry affordability amid rising gas prices and economic uncertainty – CBS News Watch CBS News The average cost of a new car is about 30% more expensive than 2019, data shows. Ford CEO Jim Farley spoke with “CBS Saturday Morning” about how the car company is tackling affordability amid economic uncertainty … Read more
Ford CEO Jim Farley says making vehicles more affordable must be a priority for the industry, and he told CBS News in an exclusive interview Friday that his company is taking steps to do just that. When asked whether Americans can afford the price of new cars today, Farley responded, “Some Americans can.” “But we … Read more
Ford announced a major affordability push on Friday, offering employee pricing on nearly all its new vehicles through the Fourth of July. CBS News senior transportation correspondent Kris Van Cleave spoke exclusively with Ford CEO Jim Farley. Source link
WASHINGTON — The world’s largest aircraft carrier, the USS Gerald R. Ford, will be heading home following a record-setting deployment of more than 300 days that included participating in the war against Iran and capture of Venezuelan leader Nicolás Maduro, two U.S. officials said Wednesday. The Ford will be leaving the Middle East in the … Read more
Ford Motor said on Wednesday it expects to collect $1.3 billion in U.S. government refunds for tariffs illegally imposed by the Trump administration. The Detroit automaker raised its annual guidance by $500 million, citing the projected one-time tariff boost. In February, the Supreme Court struck down tariffs President Trump authorized last year under the International Emergency Economic … Read more
Canada’s Prime Minister Mark Carney said Thursday that his country won’t budge on the ban against U.S. liquor sales in most provinces because President Trump’s tariffs started the trade battle. Ontario Premier Doug Ford joins “The Takeout” to discuss what it would take to lift the boycott. Source link
Ford Motor Company is recalling nearly 1.4 million F-150 pickup trucks due to a gearshift issue that can increase the risk of a crash, according to a notice from the National Highway Traffic Safety Administration. Federal regulators said a loss in signal between the transmission range sensor and the powertrain control module transmission can cause … Read more
Ford Motor Co. is recalling 422,613 vehicles because the windshield wipers might fail, according to a notice from the National Highway Traffic Safety Administration (NHTSA). The agency said the failure could reduce the driver’s visibility and increase the risk of a crash. The recall affects Lincoln Navigator and Expedition vehicles, as well as some of … Read more
Ford Motor Co. is recalling 254,640 Lincoln and Explorer vehicles due to a software issue that may disrupt the rearview camera and other features intended to enhance safety while driving. The recall, announced last week by the National Highway Traffic Safety Administration (NHTSA), affects some 2022 to 2025 Lincoln Navigator vehicles, 2024 to 2025 Lincoln … Read more
Bill Ford, descendant of Henry Ford and executive of one of the nation’s oldest automakers, says the secret American innovation goes beyond technology. It’s about building opportunities and community. Source link