Ford Motor Co. on Wednesday issued a recall of 402,462 Transit vans — 26,254 of them in Canada — that will cost the company US $142 million. The vans have a faulty driveshaft flexible coupling.
The Ford brand achieved its highest initial-quality mark since the J.D. Power study started 30 years ago. Joe Hinrichs credits the turnaround to a series of moves begun in early 2013.
Lincoln's new extended-length Navigator will be nearly a foot longer and include more cargo space than the redesigned regular 2018 Navigator. A special edition Black Label will be available in the U.S., but not in Canada.
Ford of Canada says the automaker has increased the power and cut the weight on two key nameplates -- the F-150 pickup and Expedition SUV -- due, in part, to more efficient transmissions and lighter aluminum bodies.
Ford is banking on technology as it catches up to the likes of Honda and Nissan in the compact utility segment.
Record sales and a fresh four-year deal with the company's union do not obscure the challenges that will confront Mark Buzzell.
Ford is recalling about 12,000 Fiesta cars from the 2011 model year because exposure to road salt could corrode fuses in the vehicle's engine compartment and cause stalling.
Ford is exploring ways to combine bamboo with resins to create car parts that rival carbon fibre for strength.
Ford, in a sweeping management shake-up, named Jim Hackett, former CEO of Steelcase, as its new chief executive, replacing Mark Fields, who is stepping down amid pressure from shareholders over a slumping stock price and profit pressures. Ford said Fields, 56, has elected to retire from the company after 28 years.
Three days after being named Ford CEO, Jim Hackett picked product development boss Raj Nair to lead Ford North America, which means Ford of Canada CEO Mark Buzzell now reports to Nair.
The auto industries of Canada, the United States and Mexico agree there should be no changes to rules of origin in NAFTA, the president of the Mexican automakers association said.
Unifor President Jerry Dias said he is not concerned about potential job cuts under new Ford CEO Jim Hackett, who oversaw about 12,000 layoffs as head of office furniture company Steelcase Inc.