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Found 6 results

  1. Ford dropped a few bombshells this morning at a press conference in Flat Rock, MI. The big one was the American automaker dropping plans to build $1.6 billion assembly plant in Mexico (which was in the early stage of construction). Instead, Ford will invest $700 million into their Flat Rock that will add 700 jobs to the plant. “We look at all factors and in our view, we see a more positive U.S. manufacturing environment under President-elect Trump and the pro-growth policies and proposals that he’s talking about. So this is a vote of confidence for President-elect Trump and some of the pol
  2. Ford dropped a few bombshells this morning at a press conference in Flat Rock, MI. The big one was the American automaker dropping plans to build $1.6 billion assembly plant in Mexico (which was in the early stage of construction). Instead, Ford will invest $700 million into their Flat Rock that will add 700 jobs to the plant. “We look at all factors and in our view, we see a more positive U.S. manufacturing environment under President-elect Trump and the pro-growth policies and proposals that he’s talking about. So this is a vote of confidence for President-elect Trump and some of the pol
  3. Following in the footsteps of Tesla and Toyota, Ford announced last Friday that it would open up its portfolio of electric and hybrid vehicle patents to competitors to help accelerate the development of these vehicles. Now unlike Tesla and Toyota's programs, Ford is charging a licensing fee. “Innovation is our goal. The way to provide the best technology is through constant development and progress. By sharing our research with other companies, we will accelerate the growth of electrified vehicle technology and deliver even better products to customers,” said Kevin Layden, director of Ford
  4. Following in the footsteps of Tesla and Toyota, Ford announced last Friday that it would open up its portfolio of electric and hybrid vehicle patents to competitors to help accelerate the development of these vehicles. Now unlike Tesla and Toyota's programs, Ford is charging a licensing fee. “Innovation is our goal. The way to provide the best technology is through constant development and progress. By sharing our research with other companies, we will accelerate the growth of electrified vehicle technology and deliver even better products to customers,” said Kevin Layden, director of Ford
  5. While many still think electric vehicles are a niche, a new study from IHS Automotive suggests that EVs are actually catching on more quickly than hybrids when they were first introduced. The study looked at the cumulative global sales of the first-generation Toyota Prius, Chevrolet Volt, and Nissan Leaf in the first four years. IHS Automotive found that the Toyota Prius moved 52,200 units from 2000 to 2004. However, the Volt and Leaf have sold more vehicles in their respective four-year timeframes. The Chevrolet Volt and all of its derivatives saw sales of 68,507 units, while the Nissan Leaf
  6. While many still think electric vehicles are a niche, a new study from IHS Automotive suggests that EVs are actually catching on more quickly than hybrids when they were first introduced. The study looked at the cumulative global sales of the first-generation Toyota Prius, Chevrolet Volt, and Nissan Leaf in the first four years. IHS Automotive found that the Toyota Prius moved 52,200 units from 2000 to 2004. However, the Volt and Leaf have sold more vehicles in their respective four-year timeframes. The Chevrolet Volt and all of its derivatives saw sales of 68,507 units, while the Nissan Leaf

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