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By Óscar Goytia - Tue, 12/16/2025 - 15:38
Ford booked a US$19.5 billion writedown and reset its EV strategy, citing weak demand, pivoting toward hybrids and gas models
https://mexicobusiness.news/tag/jim-farley
More Automotive
By Óscar Goytia - Fri, 11/21/2025 - 16:36
Ford warns of a worsening skilled-labor shortage, citing 5,000 unfilled mechanic roles in the US, some paying up to US$120,000.
By MBN Staff - Tue, 11/04/2025 - 17:57
Ford will invest US$170 million in its Argentina plant to produce the plug-in hybrid Ranger by 2027
By MBN Staff - Tue, 10/21/2025 - 18:15
US automakers face 3Q25 earnings amid tariffs, supply chain strains, and weak demand, with GM, Ford, and Tesla reporting this week
By Teresa De Alba - Tue, 10/14/2025 - 16:36
General Motors expects a US$1.6 billion loss as US EV demand slows, citing production cuts and canceled contracts
By Teresa De Alba - Wed, 08/13/2025 - 15:12
Ford will invest US$2 billion to turn its Louisville plant into an EV hub, starting a midsize electric pickup in 2027 under its Universal EV Program
By Teresa De Alba - Mon, 08/11/2025 - 17:31
Ford delays two EV launches to 2028, shifting focus to smaller, lower-cost models; full-size pickup and E-Transit van affected
By Teresa De Alba - Thu, 07/31/2025 - 17:50
Ford reinstates 2025 outlook, factoring US$2 billion net tariff hit; projects US$3 billion gross impact with US$1 billion in mitigation strategies
By Teresa De Alba - Tue, 07/01/2025 - 13:38
China's rare earth export limits disrupt supply chains; Europe secures licenses, easing fears, while the US and others face delays
By MBN Staff - Wed, 06/25/2025 - 13:08
Ford marks 100 years in Mexico with plans to expand its Global Technology Center, reinforcing its long-term commitment to the country
