Ford Stock News

Ford Motor Co , Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under India''s $3.5 billion scheme to boost clean fuel vehicles, the government said on Friday.

Ford Motor Co said on Friday it is exploring the possibility of using one of its plants in India to produce electric cars for exports, months after the U.S. automaker said it would stop selling cars in the Indian market.

Ford Motor Co said on Friday it is exploring the possibility of using one of its plants in India to produce electric cars for exports, months after the U.S. automaker said it would stop selling cars in the Indian market. Ford last year pulled the plug on the domestic market but has still retained its two factories in the country. The automaker had applied for incentives under India''s $3.5 billion scheme for clean fuel vehicles. Its proposal has been approved by the government, the company said in a statement.

Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under India''s $3.5 billion scheme to boost clean fuel vehicles, the government said on Friday.

© Reuters. FILE PHOTO Workers assemble cars inside the Hyundai Motor India Ltd. plant at Kancheepuram district in the southern Indian state of Tamil Nadu October 4, 2012. Picture taken October 4, 2012. REUTERS/Babu By Aditi Shah NEW DELHI (Reuters) Ford Motor (NYSE:) Co, Suzuki Motor Corp and Hyundai Motor are among 20

By Aditi Shah NEW DELHI (Reuters) Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian governments $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters.

Ford Motor Co , Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian government''s $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters.

NEW DELHI (Reuters) Ford Motor Co, Suzuki Motor Corp and Hyundai Motor are among 20 companies that will be eligible for incentives under the Indian governments $3.5 billion scheme to boost clean fuel vehicles, two industry sources told Reuters. The federal cabinet last year approved a plan for the automobile sector aimed at boosting Read More

WASHINGTON : Toyota Motor Corp, General Motors Co (GM), Ford Motor and Chrysler parent Stellantis said they had been forced to cancel or scale back some production at North American plants yesterday because of parts shortages stemming from Canadian trucker protests against pandemic mandates. The truckers, who oppose a vaccinate-or-quarantine requirement for cross-border drivers, have used their big rigs to snarl traffic at the Ambassador Bridge linking Detroit and Windsor, Ontario – which accounts for about 25% of US-Canadian trade. A Toyota spokesman told Reuters the automaker was suspending production through tomorrow at plants on both sides of the border, in Ontario and Kentucky. The largest Japanese automaker said it was “experiencing multiple dropped logistics routes” and it is “not isolated to only one or two parts at this point”. The shortages affected Toyota''s production of the RAV4 – the best-selling non-truck vehicle in the United States, Camry, Avalon, Lexus RX and Lexus ES, the automaker said.

Ford Motor Co is accelerating efforts to extensively electrify its The post Ford to fully electrify its Lincoln brand SUVs by 2026 appeared first on PageOne .

A trucker-led protest of coronavirus vaccine mandates that is blocking traffic at a key bridge linking the United States and Canada picked up urgency as it threatens to dampen business activity in both countries. The protesters, who are demanding an end to Canadas coronavirus restrictions, have blockaded the Ambassador Bridge between Detroit, Michigan, in the U.S. and Windsor, Ontario, Canada, bringing central Ottawa to a halt. The blockade prevented traffic from entering Canada Wednesday, but U.S.-bound traffic continued. Trucks transport about 25% of all trade between the two countries across the bridge, much of which is linked to the automobile sector. Canadian authorities have said they are increasingly concerned about the economic effects of the protest, which is inspiring similar protests in France, Australia and New Zealand. Blockages, illegal demonstrations are unacceptable, and are negatively impacting businesses and manufacturers, Canadian Prime Minister Justin Trudeau warned as he addressed the House of Commons Wednesday.

By Paul Lienert DETROIT (Reuters) - Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new battery-powered Lincoln sport utility vehicles through 2026, three people familiar with the plans told Reuters. Included are battery-electric models that will replace or supplement the Lincoln Corsair, Nautilus, Aviator and Navigator, said the sources, who asked not to be identified. The strategy to electrify Lincoln is a key element of Ford''s planned $30 billion investment in EVs and batteries through 2030. Ford announced the $30 billion initiative in May 2021. The automaker has said it will have the annual capacity to build at least 600,000 electric vehicles globally within 24 months, when it aims to become "the clear No. 2 electric vehicle maker in North America" behind Tesla Inc. On Thursday, Lincoln spokeswoman Anika Salceda-Wycoco said it was "too early to talk about specific details around future vehicle or production plans." The first of the new Lincoln EVs, a large crossover about the size of the Aviator, is slated to begin production in late 2024 or early 2025 at Ford''s Oakville, Ontario, plant, as part of a $1.5 billion changeover there from combustion-engine to battery electric vehicles, two of the sources said, citing the automaker''s plans shared with suppliers.

Ford Motor Company will step up the electrification of the Lincoln brand with the introduction of at least five new battery-powered Lincoln sport utility vehicles. Read more.

DETROIT : Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new battery-powered Lincoln sport utility vehicles through 2026, three people familiar with the plans told Reuters.Included are battery-electric models that w