Ford employees in Canada ratified a new three-year contract featuring 3% annual wage increases and a $500 million investment in the Essex Engine Plant to secure jobs. Meanwhile, Ford announced plans for a manufacturing joint venture with Geely Auto in Spain. However, the company is also recalling over 565,000 vehicles in the U.S. due to a potential fire risk linked to engine compartment wiring defects.
Ford secures a contract to develop three tactical prototypes based on the F-Series Super Duty, marking its largest defense play in decades.
Read the full storyFord is recalling 565,691 vehicles in the United States following safety warnings regarding engine compartment wiring defects.
Ford and Geely Auto partner to establish a manufacturing joint venture at the Valencia plant for next-generation multi-energy vehicles.
Windsor-Essex employees approved a three-year contract featuring 3% annual raises and a $500 million commitment to boost production and job security.