Ford slashes profit outlook
Ford has cut its full-year profit outlook after a rocky quarter that saw sluggish sales in China and higher costs in the North America market. Bloomberg’s Chester Dawson reports on “Bloomberg Daybreak:…
Ford’s Argo AI self-driving cars roam the streets of Detroit in test
Argo AI, Ford’s partner in developing its self-driving system (SDS), launches test drives of its third generation of development prototypes in Detroit. Volkswagen and Ford have announced a $7 billion collaboration on…
Ford to slash 12,000 jobs in Europe
The US car manufacturer said the move would pave the way for it to become profitable again as it focuses more on electric vehicles. It also confirmed that it would sell plants…
Ford invests $1 Billion in Chicago plants building SUV models
Joseph Hinrichs, president of global operations at Ford, discusses the company's $1 billion investment in two Chicago factories that build high-profit sport-utility vehicles.…
Ford plans to slash jobs by 10 percent
Ford plans to shrink its salaried workforce in North America and Asia by about 10 percent as it works to boost profits and its sliding stock price, a source familiar with the…
BlackBerry’s Chen says company’s made progress
BlackBerry CEO John Chen discusses the company’s increase in software sales, profitability, the partnership with Ford to work on connected cars and the H-1B visa program.…