ford

Ford to Pay $10.1 Million in Harassment Investigation

(CNN) - Ford agrees to a $10-million payout, in order to end a harassment investigation. The automaker was accused of harassing women and black employees at a pair of plants in Illinois. The Equal Employment Opportunity Commission says it found…

Ford Moves Focus Production to China

(CNN) - Ford has announced it will move production of the Focus compact car from the United States to China. Then ship many of them back to the U.S. to sell. That's a first for the auto maker. Ford had…

Report: Ford Set to Cut About 20,000 Jobs

(CNN) - Thousands of workers at Ford motor company will reportedly be out of a job. According to the Wall Street Journal; Ford is making plans to cut about 20,000 jobs in its global staff. The paper says that most…

Ford Unveils New Hybrid Police Car for Chases

(CNN) - Hybrid car technology could be coming to a police department near you. Ford is launching its Police Responder Hybrid sedan this spring. Police have been driving hybrids for some time, but Ford's entry is the first designed to…

Ford Recalls 52K Trucks that May Move in Park

(CNN) - Ford Motor is planning to recall 52,000 F250 trucks. The automaker says certain vehicles could move while in park. In a statement, Ford encouraged owners of the 6.2 liter models to always use their parking break as a…

Ford Announces $1B Investment in Michigan

(CNN) - Ford plans to invest more than a billion dollars in three of its plants in Michigan. The U.S. automaker announced on Tuesday that much of that investment, $850 million will retool its Wayne Plant to build the Ford…

Ford Expects Sales Drop 50% in First Quarter

(CNN) - A stunning statement from Ford, the automaker expects profit to drop 50% this quarter. Ford said it expects sales to decline worldwide. Plus it says costs for materials like steel are rising and exchange rates are unfavorable. It…