Tag: Jim Farley
Ford commits $11.4 billion for shift to electric vehicles
A monumental announcement by Ford CEO Jim Farley sees the carmaker investing $11.4 billion into electrified mobility. The investment will create roughly 11,000 new...
Ford ends production in India after $2 billion in losses over...
The fifth-largest carmaker in the world, Ford, is pulling the plug on manufacturing in India. In an announcement on Thursday, Ford CEO Jim Farley...
A handful of C-suite roles change in auto industry this week
In the past few days, significant roles in the automotive industry have shuffled. The moves impact major carmakers like Ford, Mercedes-Benz, and Chrysler as...
Ford doubles F-150 Lightning production target on strong demand
It’s been just over three months since Ford announced the all-electric version of their best-selling pickup, the F-150 Lightning. Deliveries are expected to start...
Carmakers exceed expectations for Q2 profit in the US
As anticipated, the first few days in August have second-quarter financial reports rolling in from carmakers. In large part, Q2 2021 has been one...
Auto industry leaders ruffle feathers with recent tweets
Elon Musk hasn’t particularly cared about tradition and has often upset those who have enjoyed the control they had on their business environment. Recently,...
General Motors CEO Mary Barra’s pay increased to $23.7M in 2020
General Motors CEO Mary Barra experienced a pay raise in 2020. Barra remained the highest-paid CEO of the major Detroit automakers last year, earning...
Ford CEO Jim Farley jabs Tesla for FSD testing
Tesla might have led the way with battery electric technology, but Ford isn't going to take the fight lying down. With the release of...
Ford to allow 30,000 executives to utilize a hybrid work model
Ford Motor Company announced on Wednesday that roughly 30,000 white collar workers will have the choice for when, if, and how often they will...
Wrapping up the 2021 NADA Virtual Show
The first ever virtual National Automobile Dealers Association (NADA) show is coming to an end. The virtual experience began on Tuesday, February 9 and...
