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The Latest Breaking News from Jim Farley

Ford CEO Says EV Price Cuts Are "A Worrying Trend"

Jim Farley said "the resale value for people who bought at higher prices is awful," and that's something they never forget.

InsideEVs

Elon Musk’s price war pays off as Ford's EV losses soar in Q1

For every dollar of revenue Ford generated with the sale of an EV, losses at its division went up by an equivalent amount—and now it has cut prices again.

Fortune

Musk's Tesla Price Cuts A Page From Henry Ford's Playbook: Ford CEO

Ford CEO Jim Farley doesn't think Musk's strategy is a winning one in the long run, suggesting that Tesla should focus on refreshing its fleet instead.

InsideEVs

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Musk Bets the House of Tesla on Low Prices and Razor-Thin Margins

The man who upended the auto industry is now offering steep discounts for his electric vehicles. Is this more disruption, or desperation?

Businessweek

Ford Teases Puma Electric SUV, Which May Not Be Coming To The US

Ford CEO Jim Farley tweeted a teaser of the new Puma EV, along with a look at three other EVs it has or will release in Australia ahead of the end of next year.

InsideEVs

We Chat With Ford CEO, Jim Farley, And Check Out BlueOval City

We visit Ford Motor Company's future BlueOval City manufacturing complex in Stanton, Tennessee, and speak with CEO Jim Farley about its progress.

InsideEVs

Ford CEO Says Batteries Are The Main Constraint To EV Transition

Ford Motor Company wants to localize not just the mining of battery materials but also their processing in North America, CEO Jim Farley said.

InsideEVs

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Ford's New Electric Truck Possibly Glimpsed In BlueOvalCity Video

Called Project T3, the full-size electric pickup will debut in 2025 and it's completely different from the Ford F-Series.

Motor1

Ford CEO Suggests A Road-Legal Mustang GT3 Might Be Considered

Jim Farley asked an interesting question on Twitter.

Motor1

Ford Mustang GT3 breaks cover ahead of 2024 debut

The car based on the seventh-generation Mustang and developed by Ford Performance in conjunction with Multimatic Motorsports is undertaking it first track miles at Sebring over the course of a three-day test this week.

Autosport

Ford returns to F1

Ford has announced that after more than two decades it's returning to Formula 1, entering into a strategic technical partnership with Red Bull Powertrains.

Bangkok Post

After earnings miss, Ford execs discuss how to fix $7B-$8B cost disadvantage

Ford Motor Co. executives on Wednesday provided greater insight into costs that are weighing on the Dearborn automaker's financial results, with CEO Jim Farley saying "fundamental change" is needed, especially around how vehicles are engineered, sourced and built.

Tribune News Service

Ford to cut 3,800 jobs in Europe amid shift to EV future

Ford Motor Co. plans to cut 3,800 jobs in Europe, a move the Dearborn automaker announced Tuesday as part of a broader effort to revitalize its Europe business amid "rapidly changing market conditions" and an increasingly competitive electric-vehicle market.

Tribune News Service

Ford chooses US for federal incentives. Experts say it's just the beginning

WASHINGTON — Ford Motor Co. first considered sites in Canada, Mexico and elsewhere for the $3.5 billion battery plant it plans to build in Michigan, company officials said Monday, but hefty new incentives in the Inflation Reduction Act pushed them to choose the United States.

Tribune News Service

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InsideEVs

Ford Teases Front End Of High Performance F-150 Lightning Demonstrator

The new super truck will probably never be produced, but the one-off example will demonstrate what the platform is capable of.

InsideEVs

Ford's Jim Farley, Jimmy Fallon, “Checo” Pérez Race Electric Go-Karts

On the heels of Ford's related announcements, the video features Jimmy Fallon racing world-famous Formula 1 driver Sergio "Checo" Pérez in electric go-karts.

Fortune

Ford’s CEO is the new face of a more ‘efficient’ corporate America after getting candid and hinting at more layoffs: ‘It takes us 25% more engineers to do the same work’

CEOs are channeling their companies' economic woes into a push for greater efficiency.

Motorsport

Why the time was right for Ford's F1 return with Red Bull

Some 22 years after pulling the plug out of Jaguar and handing the keys to a certain Dietrich Mateschitz, the paths of Ford and Red Bull have crossed again. And their 2026 Formula 1 alliance makes sense for both parties.

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Motor1

Ford, Red Bull Working On A New EV That's "Strategically Important"

Ford CEO Jim Farley said so in an interview, though it's still open to interpretation.

Tribune News Service

Ford to launch Formula 1 comeback after 20 years

Ford Motor Co. on Friday is returning to Formula 1 after more than 20 years, and just weeks after crosstown rival General Motors Co. said it was joining forces with Andretti Global to launch a bid to compete in one of the world's most prestigious motor races.

Tribune News Service

Tesla launched an EV price war. How Ford is firing back

In January, Tesla Inc. launched the opening salvo in what experts have described as an EV price war when it slashed its pricing by as much as 20%.

InsideEVs

Future Ford EVs "Deep Into Development," Will Use Smaller Batteries

Ford's next-generation EVs will be "radically simplified" with fewer body styles, fewer orderable combinations, and smallest possible battery size.

Evening Standard

Ford set for Formula 1 return after 20-year absence as Red Bull engine partner

One of F1’s most successful names has not competed in the sport since 2004

Fortune

End of the EV premium? Deflation hits car industry as Ford ups stakes in price war with Tesla

After Elon Musk threw down the gauntlet with his price cuts earlier this month, the pressure is on for rivals to follow suit.

Motor1

Ford CEO Jim Farley To Race Mustang GT4 In Roar Before The Rolex 24

He’ll race at Daytona International Speedway.

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