DEARBORN - With AI predicted to balloon to a $4.8 trillion market by 2033, Farley warned the U.S. has overlooked the labor needed to build and sustain data centers and manufacturing facilities. While President Donald Trump imposed sweeping tariffs to revive factory jobs, there continues to be recruitment and retention problems in U.S. manufacturing. “I think the
DEARBORN - Nearly 120 years ago, the Ford Model T became the “Universal Car.” Why? It was affordable, adaptable, and serviceable. America would never be the same. Now, we’re ushering in the next chapter with the Ford Universal EV Platform— a new idea for a new era. As with the Model T, Ford is again betting
DEARBORN - Ford has been touting its American-made roots as Trump's tariffs target international automakers, but the company's CEO has warned it's still dependent on global trade to make its vehicles. Jim Farley, appearing on CNN, said Ford will be affected when tariffs go into effect this Saturday on auto parts, which could raise consumer prices. And
DEARBORN - Ford Motor Co. CEO Jim Farley sees the automaker as in a race against Chinese manufacturers to make affordable, yet profitable, electric vehicles. Farley says that the key to winning is to downsize the vehicles and the price. That might sound obvious, but it is also counterintuitive, given that the automaker's first all-electric
DETROIT - One day after Ford CEO said union activity was making him reconsider where the company puts its plants, the United Auto Workers union is threatening a strike at the company’s largest and most profitable factory. The union said Friday that nearly 9,000 workers at the Kentucky Truck Plant in Louisville will strike on
DEARBORN - Ford CEO Jim Farley on stage for a CERAWeek energy conference discussion streamed live March 10 told the startled moderator that Ford is sold out of electric vehicles for the next couple of years. The very popular Mustang Mach-E in particular. "It’s totally sold out. We’re just completely overwhelmed. I mean, we have
