Ford

Musk Says Tesla, Ford Are Only American Automakers Never To Go Bankrupt

Elon Musk made Twitter the new automotive CEO platform. Herbert Diess is there. Jim Farley too. That created a rich environment for some public interactions between them. The latest one was when Musk named Tesla and Ford as the only American companies never to have gone bankrupt until now.

Musk did that in reply to a Sam Korus tweet that showed how big car manufacturing business failures were until 1927. Among those early thousands of automotive startups, Musk said Ford was the only one to beat the odds.

 

The last company to do that was Tesla, something Musk also celebrated when he stressed his company was the last one to achieve mass manufacturing in 100 years. The Tesla CEO said that a while ago. More recently, he did that in his interview with Sandy Munro in which he recognized some of the flaws that Tesla vehicles present, especially when

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Ford Asks Texas Car Dealers to Loan Out Trucks with Generators amid Power Outages Due to Winter Snowstorm

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Ford Motor Co. is hoping to lend a helping hand as millions of people in Texas are without electricity after an unprecedented winter storm tore through the state.

On Thursday, the automaker issued a letter to its dealerships in the Lone Star State asking them to loan out F-150 trucks to those without electricity so they can use the vehicle’s onboard generator as a source of power, according to Automotive News.

“For well over a century, Ford Motor Co. and our dealer partners have been there to support and serve our communities in time of need,” the letter said, per the outlet. “Our Texas communities need all the support they can get right now. You can make a significant difference in our community by providing assistance during these very tough times.”

Ford reportedly said in its letter that there are about 415 pickups within its Texas dealerships

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Fear of job loss, uncertainty stalls car buyers — so Ford came up with an idea

Karl Brauer went to work in mid-June doing a job he loved, and he ended the day with news it had come to an end.

“I was let go the day after my seventh anniversary,” said Brauer, 50, a longtime industry authority as executive publisher of Kelley Blue Book and Autotrader.  “I’ve got a wife and we’re a single-income family with two kids, 21 and 19, with one on the autism spectrum and both in college.”

He had no warning he was going to lose his job. A few weeks before, he had been out new car shopping, but held off.

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“There are plenty of people out there who just have no idea what is going to happen,” Brauer said. “They may feel completely confident in their job, but they’ve got friends or relatives

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