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Ford Reduces Top Execs Bonuses After Frustrating Earnings - Latest Technology News | TechNewsNow.com :: TechnewsNow.com
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Ford reduces top execs" bonuses after "frustrating" earnings

CEO Jim Farley and CFO John Lawler are among those receiving 90 percent of their bonus target, while other salaried employees will get 148 percent......»»

Category: topSource:  autonewsFeb 4th, 2023

The 2024 Automotive News Leading Women Conference in pictures

This year's conference featured keynote talks from Lisa Drake of Ford and Tia Battle of Hyundai Motor America......»»

Category: topSource:  autonewsRelated NewsMay 22nd, 2024

Ford is using factory AI to lift quality control results

Ford is feeling the heat from Wall Street to reduce defects and the costly recalls they often incur. Last year, Ford paid $1.9 billion in warranty costs......»»

Category: topSource:  autonewsRelated NewsMay 21st, 2024

Ford tells dealers to halt EV investments while it alters certification program

The automaker plans to work with its dealer council in the coming weeks to make changes in response to feedback from a series of nationwide dealer meetings......»»

Category: topSource:  autonewsRelated NewsMay 21st, 2024

Don"t get too excited about new iPhone trade-in bonuses from Apple

Apple apparently must not want to clear out stocks before the iPhone 16 launches too badly, as the trade-in bonuses it has started offering can be beaten easily by the carriers.The new iPhone 13 ProAs rumored, Apple did in fact increase trade-in valu.....»»

Category: topSource:  marketingvoxRelated NewsMay 20th, 2024

Ford seeks improved communication with new supplier program

The automaker has abolished its long-standing Aligned Business Framework, which prioritized some preferred suppliers, to focus on better communication with a more diverse group of parts makers......»»

Category: topSource:  autonewsRelated NewsMay 17th, 2024

Tesla"s March registrations fall 12% as rivals gain EV share, U.S. data shows

Overall, registrations for battery-electric vehicles rose 3.8% in March compared with the year-earlier month. Ford, Hyundai and Kia gained significant share in the EV segment, S&P Global Mobility said......»»

Category: topSource:  pcmagRelated NewsMay 16th, 2024

Sea otter study finds tool use allows access to larger prey, reduces tooth damage

Sea otters are one of the few animals that use tools to access their food, and a new study has found that individual sea otters that use tools—most of whom are female—are able to eat larger prey and reduce tooth damage when their preferred prey b.....»»

Category: topSource:  physorgRelated NewsMay 16th, 2024

Ford issues "call to action" for EV suppliers

Ford's memo offers a look into how heavily the automaker is leaning on suppliers for help with EVs. It comes even as many of those suppliers grapple with dramatically lower volumes and production delays......»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

Ford built its own rallycross course to test newest Mustang Mach-E variant

Ford turned a grassy field at its sprawling Michigan Proving Grounds to create a series of winding dirt paths it used to torture test the Mustang Mach-E Rally......»»

Category: topSource:  autonewsRelated NewsMay 16th, 2024

Tesla Cybertruck beats Rivian R1T in March registrations, but Ford leads in EV pickups

In its fourth month on sale, the Tesla Cybertruck had 1,158 registrations versus the Rivian R1T's 548. The Ford F-150 Lightning led the EV pickup segment with 2,893, S&P Global Mobility data showed......»»

Category: topSource:  autonewsRelated NewsMay 15th, 2024

macOS Sonoma 14.5 Issues Emerge After Release

As we push away from Apple’s macOS Sonoma 14.5 release, MacBook Pro and MacBook Air users are starting to complain about a variety of frustrating bugs and performance issues. Earlier this month, after a lengthy stint in beta, Apple pulled its m.....»»

Category: mobileSource:  gottabemobileRelated NewsMay 15th, 2024

Apple says the majority of Mac users also own an iPad, which likely means macOS is never coming to the iPad

Today as part of M4 iPad Pro and M2 iPad Air release day, Harry McCracken at Fast Company published an interview with Apple execs wherein Greg Joswiak shared an interesting detail about Apple’s customer base. That detail has big implications for th.....»»

Category: topSource:  marketingvoxRelated NewsMay 15th, 2024

How to fix a keyboard that won’t type

If your keyboard won't type, it can be extremely frustrating. Fortunately, the fix is probably straightforward. Here's how to do it......»»

Category: topSource:  digitaltrendsRelated NewsMay 13th, 2024

Ford offers laid-off Canada workers "preferential" placement at Windsor plants

Ford Canada is offering “preferential” placements to several dozen laid-off workers in Oakville, Ont., who are willing to relocate as vehicle production ceases for a prolonged period that could last up to 3½ years. .....»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

Linamar"s Q1 earnings an "excellent" start, but CEO warns of delays to EV programs

Canadian auto supplier Linamar recorded double-digit growth on both its top and bottom lines in the first quarter of 2024 as volumes bounced back from a slow comparable period a year earlier......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy

A quick look at the top automotive stories of the week as determined by reader interest......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

NHTSA probes 200,000 Ford Super Duty trucks for risk of fire

NHTSA said it received 27 complaints alleging diesel fuel leaks due to a "fracture in the secondary fuel filter housing." The proximity of the secondary fuel filter to high heat sources could result in fire, NHTSA said......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Ford hires former Lucid exec Sherry House as incoming CFO

Ford is promoting CFO John Lawler to vice chair, focusing on strategic development, global partnerships and engagement with global leaders......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

4 big takeaways from Rivian"s Q1 earnings report

Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford's hybrid strategy, which is gaining importance amid slower-than-expected demand for EVs......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024