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Don’t miss the latest developments in business and finance.
Ford halts production, shipments of electric truck due to battery issue
US automaker Ford has stopped the production and shipments of its electric F-150 Lightning pickup owing to a battery issue.
Ford India denies talks with Taiwan's Foxconn for selling Chennai unit
Automobile firm is finalising a severance package with 2,000 employees working at the factory
Ford reconsiders India after halting production, this time for EVs
In a statement on Friday, the company said it was 'exploring the possibility of using a plant in India as an export base for EV manufacturing'
Ford to unveil 40 hybrid, electric vehicles by 2022; to invest $11 bn
We want to show that the company is electrifying all iconic vehicles: Ford
Ford aims to 'think big' with $11-bn investment, 40 EVs in lineup by 2022
The investment figure is sharply higher than a previously announced target of $4.5 bn by 2020, Ford executives said