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...When the announcement was made last February, chair Bill Ford said it was “the start of a thrilling new chapter in Ford’s motorsports story”....
...The investigation has drawn scrutiny from rival teams and from US automaker Ford, which is planning to re-enter F1 in 2026 through a partnership with Red Bull....
...Nearly two-thirds of the voting members of the United Auto Workers union voted to ratify their contracts with Ford, General Motors and Stellantis after their historic strike against the three Detroit automakers...
...Amy Edmondson, ‘Right Kind of Wrong: Why Learning to Fail Can Teach Us to Thrive’ (2023) Favourite: American Icon: Alan Mulally and the Fight to Save Ford Motor Company, by Bryce Hoffman....
...Ford has scaled back plans for an EV battery plant, while General Motors and Tesla have paused some of their EV expansion efforts....
...Of Ford’s $1.1bn profit in the final quarter of last year, roughly a quarter came from the Ford Credit arm. In 2021, the finance unit generated half of Ford’s entire annual profits....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...Ford’s forecast comes a day after rival General Motors reinstated its guidance and warned of similar cost pressures, but cheered investors with plans for a $10bn share buyback....
...The lost earnings at the vehicle maker eclipse the damage at Detroit rival General Motors, which said on Tuesday the strike had cost it $800mn in earnings before interest and taxes....
...At Ford, approximately 68 per cent of voters favoured ratification. Union workers at General Motors ratified their contract yesterday....
...General Motors has reached a tentative deal with the United Auto Workers union to end a six-week strike that also hit Ford and Stellantis, in what was the first co-ordinated walkout by workers at the three...
...The United Auto Workers will expand its strike against Ford and General Motors, while sparing Stellantis from further action, citing progress with the company at the bargaining table....
...The GM deal is the first to be ratified by union members, with members at Ford and Stellantis still voting on their separate contracts....
...The move follows that of crosstown rival General Motors, which yanked its forecast on Tuesday, as the strike approached six weeks....
...Bill Ford spoke on Monday as members of the United Auto Workers union continued to strike at plants owned by his company, and by General Motors and Stellantis....
...The union went on strike against Ford, General Motors and Stellantis last month. This increases the number of strikers to nearly 34,000....
...Separately, the United Auto Workers is on strike against Ford, General Motors and Stellantis in the US....
...Ford, which is planning to re-enter F1 in 2026 in partnership with Red Bull Racing, had called for the matter to be resolved quickly and in a “transparent” manner....
...The union called for Ford’s 16,600 workers on strike to return to work in advance of the vote by membership. About 29,000 workers at Stellantis and General Motors will remain on strike....
...Last week, the United Auto Workers — who is also striking at General Motors and Stellantis seeking better pay — escalated its strike to include Ford’s Kentucky factory, its most profitable facility....
...The tally includes high-profile strikes from Hollywood actors and screenwriters, as well as auto workers at Ford, General Motors and Stellantis....
...In the early postwar decades, America’s large multi-divisional corporations, of which General Motors was the best-known example, were seen in Europe as the model for how big business should be run....
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