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The Latest Breaking News from Jim Farley

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.

Fortune

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

He’ll race at Daytona International Speedway.

Motor1

‘God, We Were Lucky’: Ford CEO Shares Family Tidbit About Chris Farley And ‘Tommy Boy’

Some knew that Jim Farley was the cousin of the late movie star Chris Farley and former professional hockey player Tripp Tracy.

Zenger

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Motorsport world pays tribute to “visionary” Ken Block

Ken Block will be remembered as a “visionary”, a 'true legend” and an “inspiration' as the motorsport world paid tribute to the rally star following his tragic death.

Motorsport

Ford EV sales program attracts two-thirds of dealers, CEO Farley says

DETROIT — Roughly two-thirds of Ford Motor Co.'s dealer network in the U.S. has opted to participate in a new — and, to some, controversial — certification program governing how dealers handle electric vehicle sales.

Tribune News Service

Ford drives new dealer EV standards amid pushback — as Wall Street watches

Ford Motor Co. is moving forward with new standards governing how its retail network can sell electric vehicles amid some pushback from dealers — even as experts say the success of the EV strategy partly will depend on how the rollout goes.

Tribune News Service

CEO Jim Farley: Ford To Produce EV Components In-House For Success

Ford aims to be the top dog when it comes to EVs. This means tweaking strategies to figure out what works, such as moving EV part production in-house.

InsideEVs

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Ford quality chief retires as CEO tries to boost reliability

Ford Motor Co.’s top quality executive, Stuart Rowley, is retiring as the company continues to struggle with high warranty claims and reliability issues.

Chicago Sun-Times

New Tax Credit A "Game Changer" For Ford's Commercial EVs: CEO

The Inflation Reduction Act adds a tax credit of up to $7,500 for light commercial EVs from 2023, with no restrictions on battery sourcing or manufacturing.

InsideEVs

Is Self Driving Dead? Tesla Gets Sued, Ford Shuts Down Argo AI - But Mobileye IPOs

Imagine this morning commute: You're in the car, sipping coffee with one hand and browsing the morning news with the other. In fact, you’re in the driver’s seat but you're not steering. The streets are safe and accident-free; traffic flows smoothly. You’re so glad someone invented autonomous cars.

Benzinga

Ford posts $827M loss in Q3 as it shuts down self-driving startup it backed

Ford Motor Co. posted an $827 million loss in the third quarter, dragged down by costs associated with the shutdown of a self-driving vehicle technology company the Blue Oval backed as a major investor.

Tribune News Service

Ford F-150 Lightning With The Big Battery Does 0-60 In Under 4 Sec

CEO Jim Farley announced this on Twitter and said the electric F-150 is "lightning fast;" the automaker had initially targeted a 0-60 time of 4.5 seconds.

InsideEVs

Analyst: Tesla's Elon Musk To "Own" California After 2035 Gas Car Ban

Many people in California love their EVs, and the state has announced banning new gas car sales beginning in 2035. Will Tesla still lead in 10 years or more?

InsideEVs

Top Ford execs get additional responsibilities; company touts Silicon Valley hires

Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.

Tribune News Service

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Motor1

Ford Boss Says Mustang Mach-E Allowed The ICE Pony Car To Survive

Now on its seventh iteration, the Mustang is soldiering on amid the age of electrification.

InsideEVs

Mach-E Success Allowed Gas-Powered 2024 Mustang To Exist: Ford CEO

Ford CEO Jim Farley said the Mustang Mach-E's popularity gave Ford more flexibility to carry forward with gas-powered models such as the 2024 Mustang.

Motor1

Ford Gives Dealers Oct 31 Deadline For Committing To Future EV Sales

The automaker proposes two levels of certified EV dealerships, but becoming one requires upgrades that could cost over $1 million.

InsideEVs

65% Of Ford Dealers Agree To Ford's Tough EV Selling Terms

At its 2022 annual dealership meetings, Ford revealed to its dealer network the new Model e rules they are instilling for dealers that want to sell Ford's EVs.

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Motor1

2024 Ford Mustang Teased For The Last Time Ahead Of September 14 Debut

Jimmy Fallon and Ford CEO Jim Farley are checking out a pixelated version of the new pony.

InsideEVs

Ford CEO Out To Convince Dealers To Offer Tesla-Like Selling Costs

Ford CEO Jim Farley will meet dealers on September 13 to try and convince them to cut the costs of selling and delivering EVs to customers by as much as $2,000.

Tribune News Service

The 2024 Ford Mustang cometh: What we think we know

A new Mustang is coming. Long live the V-8.

Benzinga

How Important Are Electric Vehicles To Ford? This Exec Says They Can 'Revive' Automaker

Legacy automotive company Ford Motor Company (NYSE: F) has been around for 120 years. The company now has its eyes set on growth through electric vehicles. One executive is laying out the case for how important the transition is for the future of the company.

InsideEVs

Ford Lays Off 3,000 Employees To Cut Costs As It Transitions To EVs

In an internal email, Ford said it was changing the way it operates and redeploying resources as it embraces new technologies such as advanced vehicle software.

The Independent UK

Ford cutting 3,000 white-collar jobs in bid to lower costs

Ford Motor Co. is cutting about 3,000 white-collar workers as it moves reduce costs and make the transition from internal combustion to electric vehicles

InsideEVs

Ford CEO Explains F-150 Lightning Price Hikes

Jim Farley does not expect the cost of raw materials for electric vehicle batteries to ease in the near future, which is why price hikes will continue.

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