Tag: Ford
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Ford|BlueCruise Now Available to Use in 17 Countries
Ford’s hands-free highway driving technology, BlueCruise, can now be used in a total of 15 European countries following approval by the European Commission, expanding its availability to 17 countries globally. This unlocks access to over 82,744 miles of designated highways across Europe, called Blue Zones, allowing for hands-free driving across multiple countries. BlueCruise is available…
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Ford’s 2024 F-Series Super Duty Named Most Appealing Large Heavy-Duty Pickup
Dearborn, Mich., July 25, 2024 – The 2024 Ford F-Series Super Duty has been named the most appealing large heavy-duty pickup in the J.D. Power 2024 U.S. Automotive Performance, Execution and Layout (APEAL) Study. The APEAL study measures owners’ emotional attachment and level of excitement with their new vehicle. Source: Ford Media Center (July 25,…
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Ford|Ford+ On Track For ’24 Profitability, Raises Cash Flow Outlook; Ford Pro Strength, Quality Gains, Hybrid Growth Highlight Q2
Ford Media July 24, 2024 Ford reported second-quarter revenue of $47.8 billion, net income of $1.8 billion, and adjusted EBIT of $2.8 billion. Ford Pro achieved quarterly EBIT of $2.6 billion with a 15% margin and a 9% revenue increase. Ford Blue’s hybrid sales grew 34%, representing nearly 9% of the global vehicle mix. Ford…
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Ford|Ford Pro Demand Drives F-Series Super Duty Production Expansion to Canada
Ford is adding a third North American assembly plant in Oakville, Ontario, Canada, to meet the demand for F-Series Super Duty trucks. Starting in 2026, the Oakville Assembly Complex will add initial capacity for 100,000 trucks, including future multi-energy technology. This move supports Ford’s plan for profitable growth and maximizes its manufacturing footprint. The expansion…
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Ford|Hurricane Beryl: Ford Credit Offers Customers Payment Relief
Ford Credit has announced a support program for customers affected by Hurricane Beryl. This disaster relief program allows qualified customers to defer one or two monthly payments, resuming their regular payment schedules once their situation improves. To be eligible, customers must reside in Texas counties covered by FEMA’s Individuals and Households Program. Requests for extensions…
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Ford Rolls Out Complimentary EV Chargers to California Businesses
Ford Pro™, the commercial division of Ford Motor Company, has introduced the “Ford Pro Smart Charging Bundle” for businesses in California. The bundle provides a complimentary Ford Pro Level 2 EV charger to businesses subscribed to Ford Pro Charging software, offering advanced energy management features. This initiative helps businesses schedule charging during off-peak hours, optimizing…
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New Ford Raptor T1+ Ready for Rally Raid Terrains – Including Dakar
Ford has unveiled the new Ford Raptor T1+, designed in collaboration with M-Sport for grueling off-road races like the Dakar Rally. Featuring advanced suspension, a V8 engine, and a purpose-built design, it will be piloted by elite drivers Carlos Sainz Sr. and Nani Roma. Source July 12, 2024
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Ford Elects Adriana Cisneros, CEO of Cisneros Group, to Board of Directors
On July 11, 2024, Ford Motor Company elected Adriana Cisneros as a director. Cisneros, who has been the CEO of Cisneros Group since 2013, has transformed the company into a global leader in digital advertising, media, entertainment, and real estate. She will serve on Ford’s Nominating and Governance and Sustainability, Innovation and Policy committees. Source:…
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Ford | BlueOval Battery Park Michigan Construction Progresses Alongside Environmental Protections, Local Investments
Ford announced today that the construction of BlueOval Battery Park Michigan in Marshall is more than 20% complete, with production of lithium iron phosphate (LFP) batteries set to begin in 2026. This project supports Ford’s electric vehicle business growth and is backed by the Michigan Economic Development Corporation. Ford is also taking steps to protect…
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Ford Announces Details for Q2 2024 Earnings Conference Call
Ford Motor Company and Ford Motor Credit Company will release their second-quarter 2024 financial results at 4:05 p.m. ET on July 24. At 5:00 p.m. ET, President and CEO Jim Farley, Vice Chair and CFO John Lawler, and other senior management team members will host a conference call to discuss the results and the progress…