Ford swings to $3.3B net profit in Q1, warns of 50% cut in Q2 output
Ford lowered the top end of its full-year guidance, with the semiconductor shortage costing an estimated $2.5 billion. The company now expects to lose 1.1 million units of production throughout 2021......»»
Ford F-150 EV wins Pikes Peak Hill climb despite shutdown
The Ford F-150 Lightning SuperTruck shut down for 26 seconds, but driver Romain Dumas was able to reset it and still log the fastest time......»»
Ford files post-verdict motions challenging $57 million jury award in Colo.
Ford disputes the April 2024 trial verdict finding the automaker liable for negligence after injuries were sustained by the owner of a 1998 Ford Expedition......»»
CDK Global cyberattack outage hits Michigan Ford dealership in midst of biggest sale of year
Many of the store's core systems, including contracting, are down following the cyberattacks on the DMS provider, CDK Global......»»
Single point of software failure could hamstring 15K car dealerships for days
"Cyber incident" affecting 15K dealers could mean outages "for several days." Enlarge / Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 5, 2024, in Chicago, Illinois. (credit: Scott Olson / Gett.....»»
Stealing the spotlight: Auto industry dominates 2023 movie product placements
Concave Brand Tracking's 2023 movie product placement report showed that automakers consistently came up in top spots. Chevrolet, Ford, Dodge, and Jeep took second, third, fourth and fifth place, respectively......»»
Single point of software failure has hamstrung car dealerships for a second day
"Cyber incident" takes down CDK Global, serving more than 15,000 dealers. Enlarge / Ford Mustang Mach E electric vehicles are offered for sale at a dealership on June 5, 2024, in Chicago, Illinois. (credit: Scott Olson / Getty Im.....»»
LA Laker"s $1M Ferrari deal with reality TV auto shop goes bad
Spencer Dinwiddie is suing Wires Only, which was featured on the reality show "Million Dollar Wheels," over a deal involving a 2022 Ferrari SF90 and a 1967 Ford Mustang Shelby......»»
Ford CMO Lisa Materazzo on using her finance background in automotive
Ex-Toyota marketer Lisa Materazzo, who was once an investment broker, discusses Ford’s ad priorities on the "Marketer’s Brief" podcast......»»
Ford updates floorplan assistance program based on dealer input
Ford is changing how it pays dealerships for the cost of carrying inventory, creating the potential for more profit and encouraging vehicles to be turned faster......»»
Ford said to plan further job cuts in Europe amid sales slump
Ford plans more restructuring in key European markets amid slumping sales and the loss of its top executive in the region to VW......»»
Malware peddlers love this one social engineering trick!
Attackers are increasingly using a clever social engineering technique to get users to install malware, Proofpoint researchers are warning. The message warns of a problem but also offers a way to fix it (Source: Proofpoint) Social engineering users t.....»»
Here are all the shows and movies coming this summer to Apple TV+
Apple TV+ may not have the output of new content that a service like Netflix does, but it’s always getting new releases nonetheless. This summer, Apple has made a large collection of movies available to TV+ subscribers for a limited time, and it.....»»
Huge telehealth fraud indictment may wreak havoc for Adderall users, CDC warns
The consequences are dangerous, possibly even deadly, for patients across the US. Enlarge / Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire Plc, is shown in a Cambridge, Massachusetts pharmacy Thursday, J.....»»
Ford ending EV certification program, reopening sales to all dealers
Moving forward, dealers will be asked to invest in training through the virtual Ford University platform and spend a minimal amount of money on two Level 2 chargers......»»
Ancient ocean slowdown warns of future climate chaos
When it comes to the ocean's response to global warming, we're not in entirely uncharted waters. A UC Riverside study shows that episodes of extreme heat in Earth's past caused the exchange of waters from the surface to the deep ocean to decline......»»
Ford plans to cut up to 1,600 jobs at Valencia plant in Spain
The company, which employs about 4,700 workers at the factory, told unions it plans to eliminate 600 jobs permanently, while it is open to negotiate the possible rehiring of 1,000 people later......»»
Ford CFO: Rising inventories across the industry "worries me"
Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»
Scientists engineer yellow-seeded camelina with high oil output
Efforts to achieve net-zero carbon emissions from transportation fuels are increasing demand for oil produced by nonfood crops. These plants use sunlight to power the conversion of atmospheric carbon dioxide into oil, which accumulates in seeds. Crop.....»»
Ford CFO says rising inventory levels across the industry "worries me"
Ford CFO John Lawler said the industry will have to closely monitor supply and demand if it hopes to maintain the discipline many promised heading out of the microchip shortage......»»
Longtime Ford dealer Sam Johnson dies at 84
At the peak of his career, Sam Johnson owned five dealerships spanning four states......»»