Ford announced it will increase production of its Lincoln vehicles in the U.S. starting in 2030 and phase out imports from China for the U.S. market. This move aims to strengthen Ford's position as America's top automaker and is expected to create thousands of direct and indirect jobs in the U.S. The Lincoln Navigator and Aviator will continue to be assembled in Kentucky and Chicago, while the next-generation Lincoln Nautilus, previously planned for import from China, will now be produced domestically. CEO Jim Farley emphasized Ford's commitment to American manufacturing despite challenges, highlighting the company's belief in supporting U.S. jobs and industry.
Ford CEO Jim Farley refuted Transportation Secretary Sean Duffy's accusations that Ford is too dependent on Chinese supply chains and state-backed enterprises. Farley called the claims misunderstandings and emphasized Ford's commitment to American ma...
Ford announced a $1 billion investment to build a new paint shop at its Kentucky truck plant, replacing the existing facility and modernizing operations. This move follows US Transportation Secretary Sean Duffy's public concerns about Ford's ties to ...
Ford CEO Jim Farley faces backlash after forming partnerships with Chinese EV and battery companies, despite previously warning such ties could harm Ford. U.S. Transportation Secretary Sean Duffy expressed "profound concern," highlighting risks to US...
Ford is under scrutiny from the Trump administration and congressional Republicans for its close business ties with Chinese companies, especially in battery technology and manufacturing. Transportation Secretary Sean Duffy highlighted concerns about ...
The trade conflict between Canada and the U.S. is largely fueled by political pressures rather than economic reasons, with midterm elections expected to push both sides toward a negotiated settlement. Tariffs on key sectors like autos and alcohol ris...
