Ford Archives — Page 2 of 5 — City Business News

November 6, 2021 No Responses

Ford To Retire $5b Debt, Issue Green Bonds For Electric Vehicles

Ford Motor Company said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for “green” bonds to help it finance new electric vehicles and expand credit to customers with lower scores. Ultimately,...

September 28, 2021 No Responses

Ford Votes $11.4b For Electric Vehicle Plants

Ford has announced a major investment in electric vehicle (EV) production in the US, promising to build its biggest ever factory in Tennessee, and two battery parks in Kentucky. Under the $11.4bn (£8.3bn) plan, the carmaker said it will build...

July 26, 2021 No Responses

Ford Escape Explains Special Discounts, Renews Commitment In Nigeria

One of the exciting take homes from the recently held Lagos Motor Fair was the announcement by Coscharis Motors Plc, Ford brand’s sole authorised dealer in Nigeria, of the nearly Two Million Naira discount on one of Ford’s vehicle name...

July 8, 2021 No Responses

Coscharis Flaunts Ford Trucks At 2021 Lagos Auto Fair

Coscharis Motors recently launched the Ford Trucks brand of Heavy-Duty Commercial Vehicles (HDCV) into the Nigerian market at the just concluded 15th Lagos Motor Fair, held at the Federal Palace Hotel, Lagos. According to Abiona Babarinde, Gen...

July 6, 2021 No Responses

Coscharis Motors Rolls Out New Ford Explorer

Coscharis Motors has reveals the all-new 2021 Ford Explorer Sports Utility Vehicle (SUV) designed for the Nigerian Market. The Ford flagship was unveiled at the 15th Lagos Motor Show in Lagos by the Director-General of the National Automo...

June 26, 2021 No Responses

Ford Trucks Settles In Nigeria, Strengthens Position With Coscharis

By Moses Ebosele, ebosele@hotmail.com — As part of its ongoing expansion agenda, Ford Trucks has arrived in Nigeria. With almost 60 years of experience in truck manufacturing and product development for international markets, Ford Trucks con...

May 24, 2021 No Responses

Ford CEO: Electric Vehicle Demand Will Transform Industry

A new electric version of Ford’s immensely popular F-150 pickup truck might just be the catalyst that hastens America’s transition from gasoline to battery-powered vehicles.Jim Farley, the company’s new CEO, calls the introduction of an elect...

April 28, 2021 No Responses

Ford To Develop, Produce Own Electric Vehicle Batteries

Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit by the end of next year.The company said the 200,000-square-foot facility will have equipment to design, test and even...

February 3, 2021 No Responses

Ford To Invest $1b In South African Operation

Ford Motor Company said on Tuesday that it would invest $1.05 billion into its South African manufacturing operations. It will be the biggest investment by the company in the country. The investment will further modernise and expand manufacturing ope...

January 20, 2021 No Responses

Ford To Recall Three Million Vehicles

US regulators on Tuesday ordered Ford to recall three million vehicles containing Takata airbags that show signs of “potential future rupture risk.”The National Highway Traffic Safety Administration (NHTSA) rejected an appeal fr...

November 6, 2020 No Responses

Ford Recalls 375,000 Explorer SUVs

Ford Motor Company is recalling about 375,000 Explorer SUVs in North America for a part that can break and lead to a crash.The second-largest U.S. automaker said the recall covers some 2013-2017 model vehicles because of a possible fracture of the outboa...

August 13, 2020 No Responses

Ford Recalls Midsize SUVs

Ford is recalling more than 558,000 midsize SUVs in North America because the brakes may not work properly.The recall covers certain 2015 through 2018 Ford Edge and 2016 through 2018 Lincoln MKX vehicles.Ford said Wednesday that some front brake hoses can ru...

August 6, 2020 No Responses

New Ford CEO Targets Expansion

Ford Motor Co‘s incoming Chief Executive Jim Farley said he wants to expand the automaker’s operations into related technology fields, including software, fleet management and electric vehicle charging. “These are new growth initiatives tha...

July 15, 2020 No Responses

Toyota, Ford, Others Recall 13 million Vehicles Worldwide

Between January 1st and July 13, 2020 Auto Manufacturers recalled not less than 13,362,759 million vehicles worldwide. Data obtained from foremost research firm, Finbold indicates that the recalls are mainly due to safety concerns. According to the repor...