THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
Ford Motor Co. has agreed to pay $299.1 million to settle consumer economic-loss claims linked to faulty air bags manufactured by Takata Corp. The settlement covers diverse forms of economic damages linked to Takata air-bag inflators.
Ford Motor Company is recalling approximately 25 2017 to 2018 Ford Edge and 2017 Lincoln MKZ vehicles with 2.0-liter gas engines and six-speed automatic transmissions because the torque converter weld studs may be inadequately welded.
Ford Motor Company is recalling an estimated 5,645 2018 Ford Expedition, F-150, and Lincoln Navigator vehicles equipped with 3.5L GTDI V-6 engines because the welds in their high pressure fuel pump assemblies may crack and lead to an oil or fuel leak.
Autonomous emergency braking will be rolled out on Ford Escape vehicles in September, coinciding with the launch of the Ford Escape ST-Line in New Zealand.
The company has appointed Kay Hart — who previously held the title of global BEV manager, distribution and digital experience for Team Edison — as the new president and CEO of Ford Australia and New Zealand.
Ford and Chinese Internet company Baidu are collaborating for the development of new mobility solutions, in-vehicle infotainment systems, and other digital services.
The quality of new vehicles has improved again with the 2018 model year, and Genesis, Kia, and Hyundai rank at the top of the J.D. Power 2018 U.S. Initial Quality Study, which measures problems in the first 90 days of ownership.
Uber, ATA, Daimler, Toyota, and others have formed a new partnership to study the potential impacts of self-driving vehicles on American workers and the economy.
Ford Motor Co. and Volkswagen AG are exploring a strategic alliance that could lead to the joint development of a line of commercial vehicles, the manufacturers announced.
A self-driving technology company started by two former Uber execs has raised $9 million in venture capital and formed a partnership with a Ford Motor Co. business unit to provide software that gives routing instructions to autonomous vehicles.