DETROIT－Jim Farey will lead Ford into the future as the global auto industry faces a new era of autonomous and electric vehicles. The company named Farley, 58, as its new CEO effective from Oct 1, replacing Jim Hackett, who will retire after three years at the helm. Farley, who has been with Ford f»»»

DETROIT (Reuters) - Ford Motor Co (F.N) on Wednesday closed two U.S. assembly plants as the coronavirus pandemic wreaked early havoc with the No. 2 U.S. automaker’s plan to restart North American production and begin making its most profitable vehicles again. Ford closed its Dearborn, Michigan, pla»»»

Europe's auto market plunged further in April, with sales down by 76.3 percent from the same month a year earlier, figures released Tuesday by a sector federation showed. Advertising Read more New car registrations had already fallen by an annualised 55.1 percent in March, owing to the impact of th»»»

No business is ever set up to fail. No business can survive a government fiat that mandates the entire sector to be shut down and negates the ability to do business. Yet this is exactly what millions of businesses throughout the world, both large and small, are having to deal with as government man»»»