The base price on Ford Motor's most powerful street-legal vehicle will come with a hefty price tag: $126.88 per horsepower.

The automaker said the package for its segment-leading heavy-duty pickups will outperform Ram's Power Wagon

Ford's 760-hp 2020 Mustang Shelby GT500 will top the 2019 Chevrolet Camaro ZL1's 650 hp, although the Dodge Challenger SRT Hellcat Redeye retains the power crown with 797 hp.

Partnerships with mobility startups will be key to transforming the automaker's business, Ford's executive chairman said at a mobility conference in Israel.

Ford will build the Fusion at least into the 2021 calendar year, a spokesman said. The spokesman previously told Automotive News that production would end in the 2020 calendar year, but on Thursday said that information was incorrect. 

Executives are adamant that being deliberative about job cuts was necessary to yield meaningful benefits.

"Saying goodbye to colleagues is difficult," CEO Jim Hackett writes to employees.

The automaker said it’s aware of reports of one injury and three instances of property damage related to the issue. More than 10,000 Fusions are being recalled in Canada.

Ford plans to build a battery EV using Rivian’s flexible skateboard platform. The move comes weeks after talks between Rivian and General Motors reportedly broke down.

Lincoln has spent the better part of this decade transforming its lineup and rebooting its brand identity. Its next challenge: Not messing it up.

A Ford executive said the automaker would by 2022 add an "affordable" nameplate aimed at filling the hole left by ending sales of the Fiesta, Focus, Fusion and Taurus sedans.

The driver-assist feature won't be available when the compact CT5 goes on sale this fall but will be added in the 2020 calendar year, Cadillac officials say.

To help mark the pony car's 55th anniversary, the specially tuned 2.3-litre engine gets 330 hp and 350 pound-feet of torque, a 20 hp increase over the base EcoBoost.

Ford, in the midst of a global transformation plan, is expanding the roles of two of its top executives as the automaker's head of mobility retires.

He said the automaker is better prepared for a recession and promised more positive news will be out in the coming months.