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Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.
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Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?
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Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
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Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
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Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
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How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
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Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.
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The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.
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To support the launch of this heavily embargoed vehicle, Ford turned to Chrome Productions to find a solution that would allow for the capture of real-life capability footage with a zero-tolerance policy for pre-launch leaks.
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The Biden Administration has bipartisan support to contribute $50 billion for semiconductor manufacturing and research, but where the funds will go remains subject of debate.
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