truck

Ford to spend $700 million on Kentucky truck plant and create 500 jobs

Ford to spend $700 million on Kentucky truck plant and create 500 jobs

LOUISVILLE, Ky. (WDRB) — Even as it invests billions in electric vehicles, Ford Motor Co. is also making sure its gas-guzzling cash cows keep rolling off the line at the Kentucky Truck Plant in Louisville for many years to come. The Detroit automaker said Tuesday it will spend $700 million on equipment upgrades and create …

Ford to spend $700 million on Kentucky truck plant and create 500 jobs Read More »

Ford's earnings warning shows the truck sector is strong.  Electric vehicles could improve it.

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it.

Text size A Ford F150 Raptor. Scott Olson/Getty Images Ford engine Shares fell after the company changed – but did not cut – its profit forecast due to parts shortages and cost inflation. Investors reacted in disgust by selling the shares. But they may have missed a silver lining in Ford’s update (ticker: F): Investors …

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it. Read More »