Tag Archives: Ford

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Ford, Jaguar slash thousands of jobs across Europe

01 January, 2019 10:03 am 10:03 am

FRANKFURT (Reuters) – Ford and Jaguar Land Rover unveiled sweeping job cuts across Europe on Thursday as carmakers struggle with a slump in demand for diesel vehicles, tougher emissions rules and a global economic slowdown led by China. Tata-owned JLR, Read More




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VW embarks on $50 billion electrification plan

11 November, 2018 8:52 am 8:52 am

WOLFSBURG, Germany (Reuters) – Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said. VW will spend almost 44 billion euros Read More




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Ford, Walmart to collaborate on designing automated-vehicle delivery

11 November, 2018 5:35 pm 5:35 pm

MIAMI (Reuters) – Ford Motor Co, Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday. The Read More




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VW and Ford in talks on self-driving and electric vehicles

11 November, 2018 8:17 am 8:17 am

FRANKFURT (Reuters) – Volkswagen AG  and Ford Motor Co  are in “exploratory talks” to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the Read More




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Ford appoints new China chief to tackle sales slump

10 October, 2018 9:30 am 9:30 am

BEIJING/SHANGHAI (Reuters) – Ford Motor Co (F.N) has appointed a new head of China operations to help turn around flagging sales in the world’s largest auto market, filling a post that had been vacant since January after the firm’s previous Read More




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