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  Current COO Jim Farley will serve as Ford CEO to help Ford turn things around.

  According to media reports, Jim Farley, the new chief operating officer of reactive Hot Motor, will serve as the company's new chief executive to help Ford Motor Company through the crisis. Ford announced on Feb. 7 that Jim Farley will be its chief operating officer, reporting to Ford President and CEO Jim Hackett. At the same time, Ford also announced that the current president of the automotive business, Joe Hinrichs, officially retired after 19 years of service with Ford. Jim Farley joined Ford in 2007, at first.

  Ford Motor 2020-03-14
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  Ford's performance suffered a serious setback, and Jim Farley, the new chief operating officer, rushed to take office.

  Ford announced that Jim Farley has been appointed chief operating officer of Ford Motor Company, responsible for Ford's global marketing and automotive operations, Ford's smart mobile travel and self-driving operations, and reports to Ford President and CEO Jim Hackett.

  Changes in Ford executives 2020-02-08
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  After a serious setback, Ford announced that its new boss would take office in October.

  On the evening of August 4, Ford announced that Jim Farley, the current COO, will become the new president and CEO of the company on October 1. Jim Hackett, who has led the transformation of the company since 2017, plans to retire from the company. It is understood that in the next two months, 65-year-old Hankett and 58-year-old Jim Farley will work closely to ensure a smooth transition. Jim Farley joined Ford in November 2007, initially serving as president of global marketing and then in charge of the Lincoln brand and Ford, according to the data.

  Ford Motor 2020-08-05
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  Ford's market capitalization exceeded 100 billion US dollars for the first time by electrification.

  According to the latest data, Ford Motor, the second largest automaker in the United States, currently has a market capitalization of 100.66 billion US dollars, surpassing General Motors, Daimler and other car companies one after another, after Tesla, Toyota, Volkswagen and BYD. It is understood that on Thursday, Ford shares rose 5.7 per cent to $25.87 in intraday trading, with a market capitalization of more than $100 billion for the first time in its nearly 120-year history, but then gave up some of its gains to close up 2.25 per cent at $25.02. the market capitalization fell to $99.99 billion. On Friday, Ford shares rose 0.68% to close at $25.19.

  Ford Motor 2022-01-15
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  Heavy! Ford changed coach in China.

  On February 24th, Ford China announced that Chen Anning, President and CEO of Ford China, has decided to retire. Wu Shengbo, current Managing Director and Chief operating Officer of Ford China, will officially take over as President and CEO of Ford China from March 1 to Jim ∙ Ji, President and CEO of Ford Motor Company.

  Ford China Automobile Chen an Company Market President sales Lincoln Electric Chery Director Ford Motor Company Model Chief 2023-02-24
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  Change the handsome! Ford China Industrial and Commercial change

  A few days ago, Ford Motor (China) Co., Ltd. (hereinafter referred to as "Ford China") has undergone an industrial and commercial change, changing its legal representative from ANNING CHEN (Chen Anning) to SHENGPO WU (Wu Shengbo). Meanwhile, SHENGPO WU (Wu Shengbo) became chairman of Ford China.

  Ford Automobile China Chen'an Changan sales Company Market Model Chief Chery Director growth Brand President 2023-03-27
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  A huge loss! A car company lost 400000 yuan on the sale of an electric car

  Recently, Ford announced its results for the first quarter of 2023, which showed that Ford's revenue in the first quarter was 41.5 billion US dollars, up 20% from the same period last year. First-quarter net profit was $1.8 billion, a turnround from a year earlier, when the net loss was $3.1 billion. It is worth noting that

  Ford Automotive Electric Electric vehicle Business loss China Price Market sales Electric vehicle Factory Strategy fuel Model 2023-05-08
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  Ford CEO praises BYD: fully vertically integrated and aggressive

  On May 25th, Ford CEO Jim Farley said at the Morgan Stanley Sustainable Finance Summit (Morgan Stanley Sustainable Finance Summit) that the company is leading electric vehicles.

  Automobile Electric Biya Electric vehicle Battery China Ford Market New Energy Manufacturing manufacturer production Global Company Press Conference 2023-05-28
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  Scary! The annual salary of a new power CEO is as high as 2.7 billion yuan.

  On September 4th, Automotive News (Automotive News) released the results of a CEO pay survey, showing that Lucid Motors CEO Peter Rawlinson will earn as much as $379 million in 2022.

  Tess Tesla car salary Stock Rowling Rawlinson Market value Peter Mars Musk Company Vice President salary income 2023-09-05
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  Ford laid off 7000 white-collar workers worldwide, and sales in China remained sluggish.

  Ford Motor Company announced that it would lay off about 7000 white-collar workers worldwide by the end of August, accounting for 10 per cent of Ford's 70, 000 salaried employees worldwide. The move is part of Ford's restructuring of its global operations, which will not only help the company save about $600 million a year through layoffs, but also help restructure its team to be more flexible in dealing with competition. Ford CEO Jim Hackett said in an employee email that the restructuring plan is in its final stages, which will reduce the company's management structure by nearly 20%, and that the company has made great progress in eliminating bureaucracy, speeding up decision-making and promoting empowerment.

  Layoffs Ford Global 2019-05-21
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  Changan Ford takes over Ford Electric Horse's market operation in China.

  On August 1, Changan Ford announced that, in accordance with Ford's strategic transformation and business adjustment in the Chinese market, it would formally take over the operation of Ford Electric Horse in the Chinese market from today, and announced the first important measure after the business change. comprehensively upgrade Qualcomm's third-generation Snapdragon cockpit platform for all existing Ford electric horse owners

  Ford China Market Business Automotive Electric Company Changan Electric vehicle sales Mach Operation sales Intelligence Limited 2023-08-01
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  Countdown to the strike! Ford CEO: ready to strike

  This could be another "black swan" incident in the US auto industry. It is reported that the nearly 150000 members of the United Auto Workers (UAW) and the three major Detroit automakers Ford, General Motors and Stellantis are still "very different" on the new labor contract.

  Car workers strike United States negotiation Ford loss vehicle vehicle factory manufacturing union agreement big three company manufacturer 2023-09-13
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  Ford GM announces emergency measures as salary of employees and executives is postponed

  Due to the spread of the COVID-19 epidemic, American car companies have temporarily closed their factories and entered a state of suspension, and the continuing uncertainty of the epidemic has put them under great pressure. therefore, in order to ensure sufficient funds to survive the virus crisis, both Ford and GM have announced "temporary wage cuts" and delayed the payment of part of the salaries of employees and executives. According to foreign media reports, General Motors has announced an indefinite suspension of production activities at its North American plants and has decided to delay the payment of all its salaried employees (about 69000 people) and will temporarily cut their wages by 20%. To save cash in response to novel coronavirus's crisis. GM also said that from this week.

  Ford Motor 2020-03-27
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  Daimler completes 12 billion euro credit line, group executives cut salaries by 20%

  According to foreign media reports, in response to the impact of the COVID-19 epidemic crisis, Daimler Group has signed a credit line agreement of 12 billion euros (92.2 billion yuan) to enhance its financial flexibility in the event of the epidemic crisis. Daimler said that the banks that signed the loans, including BNP Paribas, BNP Paribas, Deutsche Bank and JPMorgan Chase, could be used within 12 months, with two options for an extension of six months. It is understood that two years ago, Daimler Group signed a credit line of 11 billion euros with some international banks, which will be provided until 2025.

  Mercedes-Benz Ford GM 2020-04-03
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  The salary of 20% of FCA employees will be postponed, and the three major US auto companies have announced a pay cut.

  According to media reports, due to the impact of COVID-19 's epidemic, Fiat Chrysler (FCA) will implement deferred pay and other measures to avoid layoffs. FCA announced that from April to June this year, employees of the company will have their salaries cut by 20%, CEO Mike Manley will temporarily cut their salaries by 50%, executive board members will cut their salaries by 30%, and chairman John Erkan and board members will give up the remaining salary in 2020. FCA CEO Mak Mingkai said that it is every employee's responsibility to ensure the company's financial health.

  FCA Ford 2020-04-02
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  Another car giant will lay off staff on a large scale!

  Ford Motor Company announced on Aug. 22 that it will cut 3000 jobs, mainly to speed up the transition to electrification, according to a CCTV financial report. It is understood that the total reduction of 3000 jobs includes 2000 full-time employees and 1000 contract workers, and the scope of layoffs is mainly related to

  Ford Automotive Electric Company employee Electric vehicle Business tradition USA cost fuel Industry production Competition large-scale 2022-08-24
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  Ford Fmur150 Lighting gets 44500 orders

  According to foreign media reports, Ford's newly released Fmur150 Lighting all-electric pickup truck has received more than 44500 orders in less than 48 hours.

  Ford Fmur150 Lighting 2021-05-24
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  Another personnel change has taken place in Tesla! The head of the autopilot team has resigned.

  According to foreign media, Zeljko Popovic, head of Tesla's awareness business for autopilot systems, has left to join Embark, a San Francisco-based automated freight start-up. So far, Popovici has confirmed his departure. When Zelko left, it was a critical period for Tesla's development in the field of self-driving. Tesla officially promised that by the end of next year, his electric cars will have the function of "self-driving taxis" and that they will be fully self-driving under normal conditions without the need for human intervention. Elon Musk, CEO of Tesla, said to 2.

  Tesla 2019-06-14
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  Ford will cut 12000 European jobs, or 20% of the region's total.

  According to foreign media reports, Ford will lay off about 20% of its European operations. Germany, the UK and Russia will be hardest hit by the layoffs, with about 12000 jobs and employees at companies in these regions, Ford officials said. The restructuring, which is part of Ford's previously announced $11 billion restructuring plan, will involve reducing its manufacturing bases in Europe to 18 by the end of 2020, down from 24 at the beginning of the year. Ford has been particularly hard hit in the UK because of the uncertainty of Britain's exit from the European Union. The European carmaker lobby says delivery is likely to fall by 1% this year.

  Layoffs Ford Europe 2019-06-27
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  Another car company announced layoffs!

  On May 4th Volvo announced plans to cut about 1300 office workers in Sweden to cut costs and is likely to take further steps in the coming months to improve the cost and efficiency of its global operations. According to the statement, Volvo Personvagnar, Volvo's global operations

  Cars Volvo Volvo growth Electric Global employees production Company Market cost Ford Sweden Business profit 2023-05-05