Ford recalls 119,000 vehicles for fire risk
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Ford’s global policy operations will continue to be led by Steve Croley, the company’s chief policy officer and general counsel.
By Pete Schroeder WASHINGTON, Jan 22 (Reuters) - The Federal Deposit Insurance Corporation announced on Thursday that it had approved deposit insurance applications from Ford Motor Company and General Motors Company,
FDIC approves deposit insurance for Ford and GM banks, clearing the way for industrial banks focused on auto financing and deposits.
In an interview with InsideEVs, Ford CEO Jim Farley says the company’s planned $30,000 electric truck has reached the prototype stage, describing the effort as an internal Apollo style mission with little margin for error.
Industrial banks allow the companies to accept deposits insured by the Federal Deposit Insurance Corp. into savings accounts.
Ford Motor and Carhartt say they have entered into a multiyear partnership. Here's what you can expect to come from it.
Jim Farley likes to race when he's not at work running the Ford Motor Company. He's at Daytona this week racing a fast Historic Sportscar Racing car.
Ford is recalling roughly 119,000 vehicles because their engine block heaters have a defect that increases the risk of fire, the National Highway Traffic Safety Administration says.
Rising demand for affordable cars in the US could push Ford back into a segment it walked away from last decade