JIM FARLEY

In its July sales report, Ford reported a 168.7% increase in EV sales compared to last year. Ford secured 10.9% of the overall EV market after a strong month of EV sales in July. Ford now ranks as America’s second bestselling EV brand behind Tesla, according to Ford. However, Bank of America’s annual “Car Wars” study predicted Ford and General Motors will surpass Tesla in EV sales by 2025. At least four provisions in the version the Senate approved version would negatively affect producers, buyers, and sellers of electric vehicles, according to an AEG report.

Ford CEO Jim Farley said the prices of key battery minerals will likely stay elevated for a while, but the company is looking into alternatives.

America is living in an alternate reality — one where it is always behind China on electric vehicle innovation.

Here's a recap after Qualcomm, Honeywell and Linde reported earnings.

Federal Reserve: One interest rate hike and wait?

Ford CEO Jim Farley spoke with Jim Cramer after the automaker's better-than-expected earnings report Wednesday.

Ford Motor Co.'s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.

Here's our analysis of Ford's important electric-vehicle battery announcements Thursday.

The cuts will affect the newly established Ford Blue unit that produces engines for gas-powered vehicles, as well as other salaried, operational positions in the company.

Ford’s chief executive says the global auto industry is headed for a huge price war in the coming years as electric vehicle costs drop and companies sell EVs priced around $25,000.

Farley said the massive amounts of capital needed to invest in the technologies will force smaller companies to be acquired.

Ford's chief executive says the global auto industry is headed for a huge price war in the coming years as electric vehicle costs drop and multiple companies sell EVs priced around $25,000.

While GM, Ford and Stellantis pivot to EVs, the rivalry between the three automakers in the U.S. remains alive and well.

The cuts include approximately 350 salaried and 230 agency positions, according to Ford.

Production has officially started on Ford’s all-electric F-150 Lightning.

"It's all about batteries and raw materials. We have the batteries secured now. We're in good shape," Ford CEO Jim Farley told CNBC on Tuesday.

Ford has already built about 2,000 F-150 Lightnings — not far off Rivian's total first-quarter EV production.

Ford Launches its first pickup EV, the F-150 Lightening will be produced at the new Rouge Electric vehicle center in Dearborn on the grounds of the Ford Rouge Plant

"In this market, being a first-mover is a very, very important move," Ford CEO Jim Farley told CNBC.

Ford says it will have three new electric passenger vehicles and four new electric commercial vehicles in Europe by 2024, part of the automaker's continued push to grow its presence in the EV market.

Ford will attempt to soothe dealers' concerns over the company's recent decision to split its EV and legacy gas-vehicle business.

Ford will collaborate with Pacific Gas and Electric Co. on the capabilities of the electric F-150 Lightning to power homes and return energy to the power grid.

Wall Street wanted Ford to spin off its EV business, but Ford says it's better to keep it in-house -- with more independence.

Morgan Stanley's Adam Jonas called the EV target "an aspirational/stretch goal," while Deutsche Bank's Emmanuel Rosner called a 10% margin by 2026 "ambitious."

The American automaker is going to split its auto business into two units — Ford Blue and Ford Model E. They will be housed under the same corporate umbrella.

To do so, the legendary car maker is now splitting its electric vehicle division into its own unit. With the increased focus on electric, Ford aims to produce more than 2 million electric vehicles annually by 2026, representing about one-third of Ford’s global volume. The internal combustion business, called Ford Blue, will continue apart from the electric division, Ford Model e, but share relevant technology and best practices. The Ford Model e division is looking to compete in the startup market but with the backing of the legacy Ford model. “A lot of our ICE products, those segments are not served well with electric vehicles,” Farley said.

Ford will split its electric vehicle and internal combustion operations into two individual businesses to accelerate its adaptation of new technology.

The move is expected to streamline its growing electric vehicle business and maximize profits, Ford said Wednesday morning.

Ford will split its electric vehicle and internal combustion operations into two individual businesses to accelerate its adaptation of new technology and the Detroit automaker said Wednesday that its transformation into an EV company is...

The CEO of Ford Motor Co. says the automaker has no plans to spin off its electric vehicle or internal combustion businesses, but is reinventing itself by removing costs and ramping up for large-scale EV and software sales.

The CEO of Ford Motor Co. says the automaker has no plans to spin off its electric vehicle or internal combustion businesses.

Some Wall Street analysts have pressured traditional automakers such as Ford and General Motors to separate their electric vehicle businesses.

Shares of Ford were up by as much as 5.4% to $18.48 during intraday trading Friday.

The designation is further validation of Ford CEO Jim Farley's belief the company can not only compete with Tesla but also beat Elon Musk when it comes to EVs.

Ford Motor Company spent the weekend dealing with an internal crisis over white-collar compensation. After posting a near $18 billion profit for 2021, it turns out the bonus calculations didn’t go over well with many because benefitted senior managers.

Wall Street analysts estimate Ford will post a profit of 45 cents per share in adjusted earnings and $35.5 billion in revenue.

Wall Street analysts estimate Ford will post a profit of 45 cents per share in adjusted earnings and $35.5 billion in revenue, according to Refinitiv estimates.

Ford could accelerate its deployment of EVs that could include increasing investments in the vehicles by up to $20 billion, according to Bloomberg News.

Ford’s F-series trucks make up the best-selling vehicle line in the U.S. Can its new F-150 Lightning compete with Tesla in the E.V. market?

The tie-up marks one of the biggest client wins yet for Stripe, and forms part of Ford's turnaround plan under CEO Jim Farley.

The decision to purchase the shares bucks a recent trend by CEOs and corporate insiders who sold a record $69 billion in stock in 2021.

Ford shares were up by as much as 4.6% to $25.59, continuing a more than 20-year high for the automaker's stock price.

The automotive industry may never be the same after 2021, an infamous year that brought massive changes sparked by supply chain issues and the coronavirus.

Ford needs batteries for its electric vehicles more than semiconductor chips, CEO Jim Farley told CNBC's Jim Cramer on Thursday.

"We are completely oversubscribed with our battery electric vehicles, Lightning especially," Ford CEO Jim Farley told CNBC on Thursday.

"We have a dedicated team right now just doing one thing: finding a way to double our capacity" for the F-150 Lightning, Ford CEO Jim Farley told Jim Cramer.

Ford CEO Jim Farley responded to actor Dwayne Johnson giving a Navy veteran his personal F-150 Raptor.

In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.

Ford CEO Jim Farley said the increase is double what the company initially expected to do over the next 24 months.

Ford Motor Company is in talks with a computer chip maker to shore up its semiconductor supplies and avoid a repeat of this year's auto factory shutdowns caused by shortages.

Ford's stock topped $20 a share Monday for the first time since September 2001, as investors become more bullish on a turnaround plan led by CEO Jim Farley.

These are the stocks posting the largest moves in midday trading.

Three new battery factories and a manufacturing plant are expected to generate nearly 11,000 jobs in Kentucky and Tennessee.

Three new battery factories and a manufacturing plant are expected to generate nearly 11,000 jobs in Kentucky and Tennessee.

When Ford revealed plans to ramp up its commitment to the electric vehicle sector, the automaker chose two states where Republican leaders have vilified the push for green energy and defended fossil fuels.

The submission process is required for salaried employees, but voluntary for the automaker's employees represented by the United Auto Workers union.

After receiving a personal gift from Ford CEO Jim Farley, England was given a VIP tour of Detroit’s iconic Michigan Central Station. It’s a tour of a lifetime and what a lifetime England has had.

Ford say it’s going to stop making vehicles for sale in India immediately as part of its efforts to return its business there to profitability, resulting in the loss of approximately 4,000 jobs.

Ford Motor Co. is boosting its spending on electric vehicle production by $30 billion as it aims to have 40% of its fleet all-electric by 2030.

Ford says it expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to the amount it’s spending to develop them.

The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems.

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery powered vehicles.

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery powered vehicles.

Ford posted a surprising $3.26 billion profit in the first quarter, but the company says a worsening global computer chip shortage could cut its production in half during the current quarter.

(AP Photo/Gene J. Puskar, File)CHARLOTTE, N.C. – Ford Motor Co. said Thursday that it will cut shifts at two of its U.S. manufacturing plants next week, due to the worldwide chip shortage that has also impacted other automakers. Starting Monday, Ford will cut two shifts at its Dearborn, Michigan, facility, going down to one shift per day. AdFord isn't alone in cutting back production due to the shortage of chips needed to produce cars. General Motors will have downtime at three of its factories — one in the U.S, one in Canada and one in Mexico — due to the chip shortage, starting Feb. 8. Other automakers like Nissan, Fiat Chrysler and Toyota have also been impacted by the chip shortage.

FILE - This Feb. 14, 2019 file photo shows the Ford logo on the front grill of a 2019 Ford Explorer on display at the 2019 Pittsburgh International Auto Show in Pittsburgh. (AP Photo/Gene J. Puskar, File)DETROIT – U.S. safety regulators are investigating complaints that a Ford pickup truck tailgate recall didn’t fix the problem. The National Highway Traffic Safety Administration says it has 11 complaints that a recall of power tailgates on 300,000 Super Duty pickups failed to rectify the issue. The agency says it also has received reports from Ford about unintended tailgate openings after the recall repairs were made. Ford recalled the F-250, F-350 and F-450 trucks in 2019 because the power tailgates could open while being driven.

DETROIT – The second surge of the coronavirus is leaving many asking for help from lawmakers in Washington. Garlin Gilchrist which this week released findings on a new study of the virus. Gilchrist was on Flashpoint Sunday and discussed findings of the study. Segment OneMichigan Democratic congresswoman, Elissa SlotkinSegment TwoMichigan Republican congressman, Paul MitchellSegment ThreeLt. Gov. Garlin Gilchrist

DETROIT – For many, the coronavirus pandemic has been a difficult time -- separating loved ones from one another, causing job loss and health scares. For Detroiter Jim Farley, the pandemic has also signaled a significant change in his life: replacing Jim Hackett as CEO of Ford Motor Company. On Sunday, we talked with Farley about what it means for him to take over as CEO in the middle of a worldwide health crisis and a seismic shift in the mobility world. We also talked with leaders of local food banks and how they’re faring amid the pandemic, which has caused food insecurity for many Metro Detroit families. Segment OneNew Ford Motor Company CEO Jim FarleySegment TwoKirk Mayes, CEO of Forgotten Harvest; Gerry Brisson, President and CEO of Gleaners Community Food Bank

DETROIT – Focus: HOPE’s annual Heroes for HOPE event recognizes community leaders dedicated to social justice through passionate commitment to work reflecting our mission of intelligent and practical action to overcome racism, poverty & injustice, while supporting the organization’s efforts to provide paths forward for many metro Detroiters. This year, due to the ongoing pandemic, Focus: HOPE has moved operations to a virtual setting. “As Focus: HOPE has adjusted operations to continue serving our community through the pandemic and social unrest, we have also found new ways to celebrate the generous support of our community, and all we have been able to accomplish together in 2020.”This year, their two signature events – Heroes for HOPE and Eleanor’s March 4 HOPE – will be completely virtual, with the culminating celebrations taking place during the second weekend of October. Watch the Heroes for HOPE Virtual Awards Breakfast on Oct. 9 at 7 a.m. right here on ClickOnDetroit. (Check back for the video player)The celebration includes a conversation with Corporate Legacy Award Honoree Jim Farley, CEO of Ford Motor Company interviewed by WDIV-Local 4 Anchor, Devin Scillian“It is our hope that, by bringing community members together through the Weekend of HOPE, we will be able to celebrate, reflect, and move forward together through action to support real, positive change in Southeast Michigan and beyond.”Awardees include:Father Cunningham & Eleanor Josaitis Award Dwane CaseyCoach, Detroit PistonsVisionary Award United Way for Southeastern MichiganAccepted by Dr. Darienne Driver Hudson, CEOLloyd E. Reuss Corporate Leadership AwardJim TobinExecutive Vice President, Magna InternationalMore info on the Eleanor’s Virtual March 4 HOPE can be found here.

He'll be replaced by John Lawler, a 30-year company veteran who has been running autonomous vehicle operations. It also plans to offer more electric vehicles around the globe including a Transit van and F-150 pickups. Ford also plans to add more affordable electric vehicles to its lineup. Reid said Argo software and autonomous vehicle technology would go to other Ford units, including programs to help businesses with logistics. It was pushed into the black by a $3.5 billion accounting gain on the value of its autonomous vehicle operation.

DETROIT Jim Hackett is retiring as president and CEO of Ford Motor Company, and current COO Jim Farley will take his place, the company announced Tuesday. Jim Hackett has laid the foundation for a really vibrant future and we have made tremendous progress in the past three years. I am very grateful to Jim Hackett for all he has done to modernize Ford and prepare us to compete and win in the future, said Bill Ford, Fords executive chairman. My goal when I took on the CEO role was to prepare Ford to win in the future, Hackett said. He is also a change agent with a deep understanding of how to lead Ford in this new era defined by smart vehicles in a smart world.

Michigan Primary Election 2020 is today: What you need to knowVoters who havent already voted by mail will head to local voting precincts today to cast their votes in important local races across Southeast Michigan. Spike in COVID-19 cases linked to grad parties in Oakland CountyThe health department says the rising number of coronavirus (COVID-19) cases in the South Lyon area can be traced to summer parties -- specifically graduation and prom parties. There have been 50 new cases in South Lyon alone, which is a rate of 15 cases per 10,000 people. Michigan Secretary of State addresses concerns ahead of primary electionThe Michigan Primary Election is a major test as residents look forward to the general election in November. Michigans Secretary of State said her team is ready for Tuesdays primary election, but she admitted there will be some challenges.

DEARBORN, Mich. Ford Motor Company is unveiling the new design of the 2021 Bronco at 8 p.m. on Monday. Pre-production 2021 Bronco two-door SUV takes its rugged off-road design cues from the first-generation Bronco, the iconic 4x4 that inspired generations of fans. (Ford Motor Company)When properly equipped, Bronco Sport Badlands models can tow up to 2,200 pounds. (Pre-production model pictured.) (Ford Motor Company)Officials say production will begin early in 2021 and the first models will be available at Ford dealerships in the spring.

DETROIT Ford expects to have its U.S. factories humming at pre-coronavirus levels by July 6. Many plants reopened working two shifts and have since added production with workers on overtime. He said the company plans to go to three shifts per day at some plants. Ford and the rest of the U.S. auto industry closed factories in mid-March when employees started catching the coronavirus. Ford initially had trouble restarting in Chicago and Dearborn, Michigan, due to employees testing positive for the virus or due to parts shortages.