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Ford Motor Co is Cutting 3,000 Jobs as it Transitions to Electric Vehicles, Software and Digital Services

Ford Motor Co is Cutting 3,000 Jobs as it Transitions to Electric Vehicles, Software and Digital Services

Ford Motor Co is undergoing one the biggest transitions in the company’s history with plans of building more software-defined electric vehicles. The automaker plans to sell 600,000 electric vehicles by 2023 and 2 million by 2026. But to reach its electrification targets over the next several years, Ford plans to reduce costs and become a much leaner company.

Eric Walz2022-08-22 12:00 PT

Ford Raises the Prices of the F-150 Lightning Electric Pickup Due to Rising Raw Material Costs

Ford Raises the Prices of the F-150 Lightning Electric Pickup Due to Rising Raw Material Costs

Ford Motor Co is raising prices of the F-150 Lightning electric pickup for the first time since its launch in May 2021. The automaker cited significant material cost increases and other factors for the price hikes of nearly 20% on Lightning models. The automaker said prices for the 2023 F-150 Lightning will jump between $6,000 and $8,500 depending on the model.

Eric Walz2022-08-09 12:15 PT

Ford Looks to Have 100% of EV Sales Be Online

Ford Looks to Have 100% of EV Sales Be Online

Ford is looking to transition the sale of its electric vehicles to be fully online and involve a non-haggle price.

Vineeth Joel Patel2022-06-06 06:15 PT

Ford is Investing $3.7 Billion and Adding Over 6,200 UAW Manufacturing Jobs in the Midwest to Produce New Vehicles

Ford is Investing $3.7 Billion and Adding Over 6,200 UAW Manufacturing Jobs in the Midwest to Produce New Vehicles

Representatives from Ford Motor Company and the United Auto Workers (UAW) announced plans to add more than 6,200 new U.S. manufacturing jobs in the Midwest as the automakers ramps up vehicle production. Ford is investing $3.7 billion in its manufacturing facilities in Ohio, Michigan and Missouri to prepare them to produce the new vehicles, including an all-new Mustang.

FutureCar Staff 2022-06-02 08:45 PT

Ford Unveils the Rugged F-150 ‘Rattler’, a New Off-Road Package for its Best Selling Truck

Ford Unveils the Rugged F-150 ‘Rattler’, a New Off-Road Package for its Best Selling Truck

Ford Motor Co announced an entry-level off-road package for the popular gas-powered F-150 pickup called the “Rattler”. The new F-150 Rattler package is targeted at adventure-seeking customers looking for a stylish truck with standard four-wheel drive for exceptional off-road capability, according to Ford.

FutureCar Staff 2022-03-29 08:15 PT

Ford F-150 Lightning Range, MPGe Leaked in Window Stickers

Ford F-150 Lightning Range, MPGe Leaked in Window Stickers

Through leaked window stickers for a few upcoming F-150 Lightning trims, we know that the pickup should have a range between 230 and 320 miles, which are higher than Ford’s initial estimates.

Vineeth Joel Patel2022-03-20 06:45 PT

Ford Motor Co Reports Net Income of of $12.3 Billion in Q4 2021, Aims for Annual EV Sales of 600,000 Units by 2023

Ford Motor Co Reports Net Income of of $12.3 Billion in Q4 2021, Aims for Annual EV Sales of 600,000 Units by 2023

​Ford Motor Co announced its fourth quarter earnings for 2021 on Thursday which included higher revenue as the company moves on from the semiconductor shortages that impacted vehicle production in 2021. The automaker’s Q4 results include revenue of $37.7 billion with net income of $12.3 billion. For the full year, Ford reported an operating profit of $10 billion and an operating margin of 7.3%.

FutureCar Staff 2022-02-03 13:50 PT

Ford Motor Co is Partnering with Solar Company Sunrun so the Electric F-150 Lightning Can Power Homes During Outages

Ford Motor Co is Partnering with Solar Company Sunrun so the Electric F-150 Lightning Can Power Homes During Outages

A new partnership between Ford Motor Co and solar company Sunrun will allow Ford F-150 Lightning owners to use their truck’s substantial battery reserves as a home’s emergency power source, keeping vital necessities up and running, such as lights, heating and air conditioning systems and refrigerators.

FutureCar Staff 2022-02-02 10:00 PT

Ford’s Franchised Dealers Trying to Price Gouge F-150 Lightning Customers is One Reason Why We Don’t Really Need Them Anymore

Ford’s Franchised Dealers Trying to Price Gouge F-150 Lightning Customers is One Reason Why We Don’t Really Need Them Anymore

The new F-150 Lightning electric pickup truck from Ford, has generated a ton of interest as the electric version of the most popular pickup in the U.S. The demand from consumers is so strong for Ford’s first electric truck that some dealers are trying to cash in by overcharging customers by as much as $10,000 over the sticker price. So why are Ford’s loyal F-150 customers subjected to price gouging at all? It doesn’t have to be this way.

Eric Walz2022-01-13 13:15 PT

Ford is Doubling F-150 Lighting Production as Reservations Approach 200,000

Ford is Doubling F-150 Lighting Production as Reservations Approach 200,000

Ford Motor Co announced it received so many reservations for the new F-150 Lightning electric pickup that it plans to double production to 150,000 vehicles per year to meet demand and reduce wait times for customers. Last month, Ford CEO Jim Farley stated that the automaker was "approaching 200,000" reservations for the electric pickup.

Eric Walz2022-01-04 11:00 PT

Ford Stops Accepting Reservations for F-150 Lightning Due to High Demand

Ford Stops Accepting Reservations for F-150 Lightning Due to High Demand

As Ford passes the 200,000 mark for F-150 Lightning reservations, the automaker has stopped accepting new reservations for the vehicle.

Vineeth Joel Patel2021-12-12 07:00 PT

Deliveries of GM’s Highly Anticipated Hummer EV Electric Pickup to Begin in December

Deliveries of GM’s Highly Anticipated Hummer EV Electric Pickup to Begin in December

General Motors is about to make a big splash with one of the most anticipated electric vehicle launches in the auto industry in 2021. The Detroit automaker announced on Tuesday that the first deliveries of the resurrected Hummer will begin in December.

Eric Walz2021-11-23 12:45 PT

Ford Motor Begins Pre-production of the F-150 Lightning and is Boosting its Investment Due to Strong Demand

Ford Motor Begins Pre-production of the F-150 Lightning and is Boosting its Investment Due to Strong Demand

Based on the number of reservations Ford Motor Co received for the upcoming F-150 Lightning, the automaker is boosting its investment and increasing production to meet demand. The bigger investment will help increase production capacity of the electric Lightning to 80,000 trucks a year.

Eric Walz2021-09-16 11:30 PT

Ford Receives Over 130,000 Reservations for the F-150 Lightning, Strong Demand for Electrified Vehicles

Ford Receives Over 130,000 Reservations for the F-150 Lightning, Strong Demand for Electrified Vehicles

Ford’s all-electric pickup truck looks like it’s going to be an incredible hit with consumers, as roughly 130,000 consumers have placed a reservation for the F-150 Lightning.

Vineeth Joel Patel2021-09-04 07:20 PT

Ford to Double its Production Target for the Electric F-150 Lightning Due to Strong Demand

Ford to Double its Production Target for the Electric F-150 Lightning Due to Strong Demand

Ford Motor Company has doubled its production target from the new F-150 Lighting electric pickup based on strong early demand for the electric version of the best-selling truck in the U.S., sources told Reuters on Monday. Ford’s annual production target has been increased from 40,000 units to 80,000 units by 2024.

Eric Walz2021-08-23 15:15 PT

Ford’s Electrified Vehicle Sales Were Up 184% in May, F150-Lightning Reservations Reach 70,000

Ford’s Electrified Vehicle Sales Were Up 184% in May, F150-Lightning Reservations Reach 70,000

​Ford Motor Co released its May 2021 sales figures this week and the automaker appears to have bounced back since the pandemic of last year, while at the same time growing its electrified vehicle sales. The company's electrified sales, which includes both fully-electric and hybrid models, were boosted by the electric Mach-E SUV, the automaker’s first EV.

Eric Walz2021-06-04 15:45 PT

Ford is Boosting its EV Investments to More Than $30 Billion, Stock Reaches 5-Year High

Ford is Boosting its EV Investments to More Than $30 Billion, Stock Reaches 5-Year High

U.S. automaker Ford is boosting investments in electrification as it looks to take on Tesla, Volkswagen and General Motors and others in the electric vehicle space. The increased investments in EVs is part of a plan called "Ford+" in which Ford would be more like a technology company rather than an automaker in the eyes of investors.

FutureCar Staff 2021-05-26 13:35 PT

Ford Motor Co. Goes for Function Over Fashion With its Electric F-150 Lightning Pickup

Ford Motor Co. Goes for Function Over Fashion With its Electric F-150 Lightning Pickup

The fully-electric Ford F-150 Lighting was officially unveiled during a live streamed event on Wednesday evening, and its poised to become a huge hit, given the popularity of the automaker's F-Series lineup of trucks. “This is a historic day for our company.” said executive Chairman Bill Ford, kicking off Wednesday’s unveiling for the F-150 Lightning at Ford’s headquarters in Dearborn, Michigan.

Eric Walz2021-05-20 09:00 PT

 President Biden Visits Ford Motor Co to Promote His $174 Billion Electric Vehicle Plan, Checks Out the F-150 Lightning Ahead of its Unveiling

President Biden Visits Ford Motor Co to Promote His $174 Billion Electric Vehicle Plan, Checks Out the F-150 Lightning Ahead of its Unveiling

​President Joe Biden traveled to Michigan today to meet with executives from the Ford Motor Co and to promote his $174 billion electric vehicle plan, which includes substantial investments in zero-emissions vehicles and EV charging infrastructure in the U.S. While visiting Ford in Dearborn, Biden also got a sneak peak and a test drive in the Ford F150 Lightning electric pickup truck ahead of its global reveal on Wednesday evening.

Eric Walz2021-05-18 14:05 PT

With the F-150 Lightning, it’s Ford, Not Tesla or GM, That’s Poised Dominate the Electric Truck Market

With the F-150 Lightning, it’s Ford, Not Tesla or GM, That’s Poised Dominate the Electric Truck Market

On Monday, Ford Motor Co surprised the industry by announcing that the all-new F-150 Lightning electric pickup will be revealed on May 19 at a global live-streamed event from the company’s global headquarters in Dearborn, Michigan. The Lightning will be the first battery-powered F-150 pickup, and its potential is huge, not just for electric vehicles, but for the highly profitable truck and SUV segment that so far electrification has not touched.

Eric Walz2021-05-11 14:50 PT