Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.
Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?
Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
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.
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.
The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.
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.
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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