Ford To Invest $580 Million To Build Next-Gen Ranger At Pacheco Plant
The plant, located in Argentina, produces Rangers for Latin America. More
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Ford Makes Significant Investments, Hires Hundreds To Produce Electric Vehicles
Ford has hired 350 new workers and will invest $11.5 billion in its electrification strategy. More
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Ford Reveals Stake In Velodyne Lidar After Company Goes Public
The automaker holds a 7.6 percent stake in the up and coming self-driving tech company. More
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Ford And GM Mitigate EV Development Risk By Partnering With Startups
Both large Detroit automakers are finding small startups (and each other) to be the perfect partners. More
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Ford U.K. Secures $634 Million Loan Guarantee From Government
U.K. government steps in to help Ford protect its manufacturing jobs and exports. More
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Ford Suppliers Get Financial Help As Automaker Pays Its Bills Early
Putting extra cash to good use. More
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Fitch Ratings Downgrades Ford To Lowest Investment Grade
Ford’s credit rating is as low as it has been a long time. More
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Rivian Follows Other Automakers And Stops Production Amid Pandemic
Rivian says all of its salaried and hourly employees will continue to be paid during the shutdown. More
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Ford Invests In Partnership With FIRST To Improve STEM Education
Ford has expanded its two-decade-long partnership with FIRST. More
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Rivian Raised $1.3 Billon After Investments By Ford, Others
Rivian has raised an estimated $3 billion since 2018.
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Ford Foundation Teams With Citi Bank, OPIC To Launch Scaling Enterprise
The first two loans have been given out. More
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Amazon Orders 100,000 Rivian Electric Delivery Vehicles
Rivian will need to ramp production quickly to fill this massive EV order. More
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