Author: Michael Martinez
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Ford invests $1 billion in Chicago plants, will add 500 jobs
Ford’s investment will support the redesigned Explorer, Police Interceptor and Lincoln Aviator crossovers. The plants will be retooled beginning next month for the 2020 model-year vehicles.
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Ford recalls 3,500 Rangers for shifter problem
An issue with the vehicle’s shifter prompts a recall a month into its high-profile launch. Ford is not aware of any injuries or accidents.
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Ford adding overtime Ranger production as first-month sales hit 1,200
Kumar Galhotra, Ford’s president of North America, said more than 300,000 hand-raisers have indicated they’d like to purchase the vehicle.
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Ford’s Joe Hinrichs makes cameo on CNBC’s ‘Deal or No Deal’
Hinrichs presents a plaque to Ford retiree John West and invites him to lunch with Executive Chairman Bill Ford at the company’s headquarters in a promo for the pre-taped episode.
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Ford: Some mobility ventures will fail — and that’s OK
Ford is closing the Chariot shuttle service it bought in 2016 by the end of March. Executives view the short-lived business as a necessary learning experience.
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Higher new-vehicle prices fuel used sales
Speaking at the J.D. Power Automotive Summit, Jonathan Banks, vice president of vehicle valuations and analytics for J.D. Power, said Generation Z buyers are increasingly unable to afford new vehicles, and would rather look for bigger vehicles with mor…
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Cadillac expects to snap 3-year U.S. sales skid
Deborah Wahl, Cadillac’s chief marketing officer, said the brand’s sales should soar on the back of new crossovers such as the XT4 and XT6.
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Lincoln Aviator to start at $52,195; plug-in hybrid model priced from $69,895
Lincoln will begin taking orders for the Aviator in February. The gasoline version goes on sale this summer, while the plug-in hybrid hits showrooms in late summer, Lincoln said Tuesday.
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Ford’s Farley confirms compact pickup, battery-electric F series
Ford is planning a less expensive pickup that would slot below the Ranger, and the automaker eventually will offer battery-electric versions of the F series, Jim Farley, head of the automaker’s global markets, told investors.
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Lawsuit: Ford worker sexually harassed by supervisor at Dearborn Truck Plant
DeAnna Johnson, 54, said in a lawsuit her supervisor groped her, showed her lewd photos and repeatedly solicited her for sex.