Ford to Provide Autonomous Cars for Lyft Network

Ford Motor  (F) – Get Report and its majority-owned autonomous driving unit, Argo AI, on Wednesday unveiled a partnership with ride-hailing company Lyft  (LYFT) – Get Report to provide autonomous-car rides on the Lyft platform.

The Dearborn, Mich., carmaker’s stock at last check rose 1.2% to $14.08. Ford shares rose 28% in the six months through Tuesday, thanks to a rebound in performance.

The San Francisco ride-hailing company recently traded at $53, little changed. It gained 8% in the six months through Tuesday but has slid 10% in the past month.

In the partnership, “Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement,” the companies said. Passenger rides will begin in Miami later this year and in Austin starting in 2022.

“As vehicles are deployed, Lyft users within the defined service

Read More

Is Nothing Sacred? Everrati’s Electric Ford GT40 Replica Lacks Soul

I recently received a disturbing press release announcing the production of an all-electric Superformance GT40 replica built by British electric car builder Everrati Automotive. Right off the bat here, I must admit my bias against electric cars. I suppose they have their place as commuter vehicles, but I have a tough time being excited about them as performance cars.

a car parked on the side of a road: 001-superformance-gt40-everrati-automotive-electric-sports-car-ford-replica

© Hot Rod Network Staff

Yes, the electric Cobra Jet Mustang is quick, Don Garlits’ electric dragster set a record a couple years ago, and Tesla’s new Model S Plaid something-or-other out-accelerated all of the supercars MotorTrend routinely tests, but to me, they have all the engagement of a golf cart.

Related:Electric Mustang Cobra Jet 1400 Runs 8.12 at 171 MPH

That’s just my opinion, of course, and I’m well aware that I may find myself drowning in the looming tidal wave of electrification that seems poised to inundate

Read More

Ford Might Ask Dealers to Install Chips in Unfinished Cars

Photo credit: Ford

Photo credit: Ford

  • Ford is reportedly considering a plan to ship vehicles to dealerships without the crucial semiconductor chips installed, with the dealers completing the vehicles when new chips arrive.

  • Ford would provide training for service technicians to install the chips and would compensate dealerships for the extra labor.

  • Ford has been storing unfinished vehicles at lots in several states but is apparently low on space and wants to keep factories running.

Ford is considering a new plan to alleviate the buildup of unfinished vehicles sitting in lots across the country as a result of the global semiconductor chip shortage. According to Automotive News, Ford is currently debating a proposal to ship vehicles that are still missing the chips to dealerships, shifting the onus for installing the chips—once supplies are replenished—onto the dealers. Ford has been manufacturing vehicles without the semiconductors and storing them in lots in several states,

Read More

Stuckey Automotive acquires Joel Confer Ford of Bellefonte

CENTRE COUNTY, Pa. (WTAJ) Stuckey Automotive has acquired Joel Confer Ford of Bellefonte, according to an announcement by President Matt Stuckey Wednesday.

Joel Confer Ford of Bellefonte will be known as Stuckey Ford of Bellefonte as of July 1 and will open July 8. The business was owned and operated by the Confer family since 2004. This will mark the fifth dealership under Stuckey Automotive, including two locations in Hollidaysburg, one in Altoona and one in State College.

According to Stuckey Automotive, the agreement came to be after the businessmen were introduced by a mutual colleague and friend.

“This introduction is one for which I’ll always be grateful,” Matt Stuckey said. “We were gifted an opportunity to grow our brand in Centre County.  It’s humbling when a man like Joel trusts that you’ll care for his business and customers as you

Read More