Jim Hackett

The two largest U.S. automakers on Thursday announced measures to shore up their finances as the coronavirus pandemic takes a deep economic bite, with Ford Motor Co aiming to resume production next month of its most profitable vehicles while cutting costs further. General Motors Co , the No. 1 U.S. automaker, said it planned to keep its plants closed indefinitely and was reducing the pay of salaried employees and executives and suspending some future product programs to conserve cas

10% of white-collar workforce — 2,300 are in the U.S.

Realization comes after $4 billion investment.

Company considers a lithium supply chain

What's his plan? It's about trucks — but not just about building them.

One potential revenue stream in an ambiguous reorganization plan.

Open to AV investment, but 'we compete in a bunch of areas as well.

Good news after its stock closed Wednesday at a nine-year low

This as it tries to refresh its lineup in the face of weak demand.

The CEO says if the trade war goes on, "there will be more damage."

Reasons unclear, perhaps involving switch to new modular platform.

Ford's top executives took heat from shareholders over their plan to do away with sedans as we know them in Ford's North American lineup, as the company held its annual meeting Thursday. Critics said the plan to shelve the Fiesta, Focus and Taurus, reduce the Focus to one crossover model, and concentrate on high-margin trucks and SUVs was a shortsighted abandonment of entire market segments of affordable vehicles.

Ford continues on its "fitness" regimen.

It wants to provide a shared platform for "transit choreography"

Having cake, eating it too: People want crossovers with the mileage of sedans.

It's the latest move in CEO Jim Hackett's streamlining strategy.

SHANGHAI — Alibaba Group Holding has signed a deal with Ford to explore cooperation in areas such as cloud computing, connectivity and retail, which could involve selling Ford cars on Alibaba's online retail platform Tmall. Alibaba in a statement on Thursday said digital marketing-focused Alimama and operating system firm AliOS would be among subsidiaries working with Ford under the three-year agreement. One avenue under consideration is the sale of Ford cars on Tmall, a

Ford would also stock "auto vending machines."