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...On Friday, Ford’s head of global motorsport Mark Rushbrook said: “As a family company that holds itself to very high standards of behaviour and integrity, we expect the same from our partners.”...
...Ergo, R+V, Allianz and Volkswohl-Bund declined to comment. Signa did not respond to a request for comment....
...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Ford’s Sander also told the conference that the speed of shifting to electric vehicles in Europe was “down to the consumer” and that the company was prepared to continue selling hybrid models into the next...
...Tapping the resurgent demand for hybrids was a priority, executives from General Motors, Nissan, Hyundai, Volkswagen and Ford told the Financial Times’ Future of the Car Summit this week....
...Neta, another Jakarta EV show newcomer, revealed its Neta V-II, which will be priced from 200mn rupiah to 300mn rupiah, making it the least expensive model in the company’s Indonesia line-up....
...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...
...Ford has scaled back plans for an EV battery plant, while General Motors and Tesla have paused some of their EV expansion efforts....
...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...
...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....
...“Then you as a company have to find a way to operate more efficiently.” Ford withdrew its full-year guidance on Thursday....
...The transport companies were so busy moving art, they ran out of trucks.” If Germany wants this art back, “the law should be scrapped,” says Blau....
...At Ford, approximately 68 per cent of voters favoured ratification. Union workers at General Motors ratified their contract yesterday....
...In the US, Chrysler was the first company to phase out traditional cars from its brands, making only SUVs, “crossovers” and pick-up trucks. Ford and General Motors have since followed suit....
...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....
...Lotus commercial head Mike Johnstone said investors were interested in the company’s “history and heritage”, which stemmed from motor racing....
...Recently it has signed contracts with several rivals, including Ford, General Motors and Rivian, to use its NACS charging standard....
...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....
...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 Michigan company told investors earlier this year it would earn an adjusted $11bn to $12bn before interest and taxes in 2023....
...Last year, the three biggest US carmakers — Ford, General Motors and Stellantis, which owns Chrysler — suffered strikes during wage negotiations with the United Auto Workers union....
...Another South Korean-owned company, Hanwha Qcells, will spend $2.3bn on a solar panel manufacturing factory....
...Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
...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....
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