The Latest Breaking News from Jim Farley

A number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed after the Minneapolis police killing of George Floyd

Gone are the days when Ford was a force to be reckoned with in Europe. The sales results for 2024 show how drastic decisions to cut models have seriously impacted demand. The European Automobile Manufacturers' Association (ACEA) has published sales data for the previous 12 months, and the numbers are…

Update: The original version of this story noted that Ford is no longer the second-largest EV manufacturer in the US. Ford, as a brand, remains the second-largest EV producer in the US. Only the larger General Motors company (which includes brands like Cadilac, Chevrolet, and Hummer) produces more EVs. The…

Earlier this week, Ford announced third-quarter net income of $900 million, or 22 cents per share, which included a $1 billion charge related to the cancellation of a planned three-row electric SUV.

The Ford F-150 Lightning was supposed to be the Blue Oval's big EV win. I mean, you take the best-selling vehicle in the U.S., convert it to electric, and unleash it on the masses. Surely that's a recipe for success, right? And in many ways, it has been—just with sales,…

Even though Ford’s F-150 Lightning sales more than doubled in the third quarter of 2024 and even went up 86% year-over-year, the Blue Oval’s EV division is still many billions in the red, according to the recently released Q3 earnings report. While the company’s EVs are doing better (especially the…

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

Jim Farley previously said Chinese EVs are Ford’s biggest competitors.

Ford CEO Jim Farley has been driving an imported Xiaomi SU7 for months. He says it's fantastic, and he doesn't want to give up the Chinese EV.