US Top News and Analysis | Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

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Detroit’s three biggest automakers have eliminated more than 20,000 U.S. salaried positions—about 19 % of their combined white‑collar workforce—since their employment peaks earlier this decade, as AI, software‑defined vehicles, autonomous and electric‑car technologies reshape the industry. General Motors leads the reductions, shedding roughly 11,000 salaried workers (including a recent layoff of 500‑600 IT staff) while simultaneously hiring for AI‑related roles; Ford and Stellantis have trimmed about 5,300 and 4,000 white‑collar jobs respectively. Experts say AI is poised to replace many clerical and repetitive office functions, though growth areas such as autonomous‑vehicle development, cybersecurity and software engineering may create new opportunities. Overall industry employment is relatively stable—U.S. vehicle‑manufacturing jobs fell only 0.2 % last year—and some rivals like Toyota have even expanded their white‑collar staff, while the Detroit firms continue to post thousands of openings, many focused on AI.

Read more: https://www.cnbc.com/2026/05/15/general-motors-ford-stellantis-job-cuts-ai.html

#GeneralMotors #Ford #Stellantis #JimFarley

Home - CBSNews.com | Ford CEO discusses auto industry affordability amid rising gas prices and economic uncertainty

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Ford CEO Jim Farley told “CBS Saturday Morning” that new‑car prices have risen about 30 % since 2019, making affordability a major challenge amid rising gas prices and broader economic uncertainty. He explained how Ford is tackling the issue, emphasizing strategies to keep vehicles affordable despite the cost pressures.

Read more: https://www.cbsnews.com/video/ford-ceo-discusses-auto-industry-affordability-amid-rising-gas-prices-and-economic-uncertainty/

#Ford #JimFarley

Home - CBSNews.com | Ford CEO says company is focusing on making vehicles more affordable

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Ford CEO Jim Farley told CBS News that making vehicles more affordable must be a priority for both the brand and the industry, noting that the average new‑car price has risen to nearly $50,000—about 30 % higher than in 2019—and that consumers are also facing sharply higher fuel costs. He said Ford plans to offer many of its upcoming models at $40,000 or less, including more affordable versions of the F‑150 and Explorer, employee‑price sales through July 4, and low‑cost leases of $399‑$499, while stressing the need for affordable parts made in America. Farley added that the focus should be on competing with the rapidly growing Chinese auto market, which emphasizes lower‑priced vehicles, and declined to comment on specific trade‑policy measures such as the proposed EU tariff increase.

Read more: https://www.cbsnews.com/news/ford-ceo-jim-farley-auto-industry-vehicles-more-affordable/

#Ford #JimFarley #F_150 #Chineseauto #Americanmanufacturing

Home - CBSNews.com | Ford CEO Jim Farley says most new models will be "more affordable versions"

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Ford CEO Jim Farley announced that most new Ford models will be “more affordable versions,” unveiling a major affordability push that includes employee pricing on nearly all new vehicles through July 4. The announcement was discussed in an exclusive interview with CBS News senior transportation correspondent Kris Van Cleave.

Read more: https://www.cbsnews.com/video/ford-ceo-jim-farley-most-new-models-more-affordable-versions/

#Ford #JimFarley #VanCleave #KrisVanCleave

LA NOTIZIA: Ma quale premio nobel per la Pace, Trump arma gli Usa fino ai denti chiedendo alle aziende motoristiche di riconvertire la produzione in favore della Difesa

Donald Trump afferma di lavorare per la pace, ma nei fatti sembra fare l’esatto opposto. L’ultima conferma arriva da quanto riportato dal Wall Street Journal, secondo cui l’amministrazione americana guidata dal tycoon, evidentemente convinta che la guerra rappresenti un’opportunità economica, starebbe valutando un significativo ampliamento della produzione industriale nel settore della difesa.
Per farlo, rivela il quotidiano statunitense, si starebbe considerando il coinvolgimento diretto di grandi gruppi manifatturieri civili, in particolare del comparto automobilistico, nella produzione di sistemi e forniture militari.
Ma quale premio nobel per la Pace, Trump arma gli Usa fino ai denti chiedendo alle aziende motoristiche di riconvertire la produzione in favore della Difesa
Contrariamente a quanto si potrebbe pensare, l’idea non è rimasta sulla carta. Sempre secondo il Wall Street Journal, funzionari di alto livello del Pentagono avrebbero già avviato un dialogo con i vertici di alcune importanti aziende statunitensi, tra cui Mary Barra di General Motors e Jim Farley di Ford Motor Company, per chiedere loro di contribuire al rafforzamento della capacità produttiva nazionale in ambito bellico.
Un progetto di riconversione industriale su larga scala che servirebbe, almeno secondo quanto trapela, a riempire di armi e munizioni i depositi del Pentagono, rimasti quasi a secco a causa delle numerose operazioni militari condotte dagli Stati Uniti in diverse aree del mondo.
L'articolo Ma quale premio nobel per la Pace, Trump arma gli Usa fino ai denti chiedendo alle aziende motoristiche di riconvertire la produzione in favore della Difesa sembra essere il primo su LA NOTIZIA.

But what Nobel Peace Prize, Trump arms the US to the teeth by asking car companies to convert production in favor of Defense.

Donald Trump claims to be working for peace, but in reality it seems he is doing the exact opposite. The latest confirmation comes from a report by the Wall Street Journal, according to which the American administration led by the tycoon, evidently convinced that war represents an economic opportunity, is considering a significant expansion of industrial production in the defense sector.

To do this, the U.S. newspaper reveals, consideration is being given to the direct involvement of large civilian manufacturing groups, particularly the automotive sector, in the production of weapons and military supplies.

But what Nobel Peace Prize does Trump arm the U.S. to the teeth, asking automotive companies to convert production in favor of Defense?

Contrary to what one might think, the idea has not remained on paper. According to the Wall Street Journal, high-level Pentagon officials have already initiated a dialogue with the leaders of several major U.S. companies, including Mary Barra of General Motors and Jim Farley of Ford Motor Company, to ask them to contribute to strengthening national productive capacity in the military sphere.

A large-scale industrial conversion project that, at least according to what is emerging, would serve to fill the Pentagon’s warehouses with weapons and ammunition, which have almost run dry due to the numerous military operations conducted by the United States in various parts of the world.

#NobelPeacePrize #Trump #Defense #DonaldTrump #American #Pentagon #MaryBarra #GeneralMotors #JimFarley #FordMotorCompany #theUnitedStates

https://www.lanotiziagiornale.it/trump-usa-aziende-riconvertire-produzione-difesa/

Il Tempo: Passo indietro dell'Iran su Hormuz? Si apre un nuovo scenario, la tensione è altissima

L'Iran avrebbe proposto e starebbe valutando la possibilità di consentire la libera navigazione delle navi dal lato omanita dello Stretto di Hormuz. La proposta, trapelata nelle ultime ore dalle principali cancellerie internazionali, sarebbe legata a un eventuale accordo più ampio con gli Stati Uniti e rappresenterebbe un primo segnale di de-escalation su uno snodo strategico da cui transita circa il 20 per cento dei flussi globali di petrolio e gas.

Il dossier resta però altamente instabile. Da Teheran, un consigliere della guida suprema, Mohsen Rezaei, ha accusato il presidente statunitense, Donald Trump, di voler "fare il poliziotto" nello Stretto, avvertendo che le navi statunitensi attualmente impiegate nel blocco alle navi potrebbero diventare bersagli in caso di escalation. Oggetto di discussione è stata anche la notizia, riportata dal quotidiano "Financial Times" ma smentita da Pechino, secondo cui l'Iran avrebbe utilizzato mezzi militari cinesi per colpire gli Stati Uniti. Si tratterebbe di un satellite spia, il TEE-01B, che secondo le ricostruzioni sarebbe stato acquistato nel 2024 dalla Forza aerospaziale del Corpo delle guardie della rivoluzione islamica (Irgc) per circa 250 milioni di renminbi (36,6 milioni di dollari), dopo il suo lancio nello spazio dalla Cina.

Dall'altro lato, secondo il quotidiano "Washington Post", gli Usa potrebbero invece inviare in Medio Oriente altri 10mila militari - in aggiunta ai 50mila già stanziati nella regione - a ridosso della scadenza del cessate il fuoco di due settimane, che terminerà il prossimo 22 aprile. Oggi il quotidiano "Wall Street Journal" ha anche menzionato la possibilità che l'amministrazione Trump recluti le case automobilistiche e altri produttori statunitensi per affidare loro un ruolo più ampio nella produzione di armamenti, richiamando una pratica utilizzata durante la Seconda guerra mondiale. Alti funzionari della Difesa, secondo il quotidiano statunitense di stampo conservatore, avrebbero discusso della produzione di armi e di altre forniture militari con gli amministratori delegati di diversi gruppi manifatturieri statunitensi, tra cui Mary Barra di Gm e Jim Farley di Ford Motor.

Iran steps back from Hormuz? A new scenario is opening, the tension is extremely high.

Iran has proposed and is considering allowing the free navigation of ships from the Persian Gulf side of the Strait of Hormuz. The proposal, leaked in recent hours by major international embassies, is linked to a possible broader agreement with the United States and would represent a first signal of de-escalation at a strategic chokepoint through which about 20 percent of global oil and gas flows transit.

However, the dossier remains highly unstable. From Tehran, a senior advisor to Supreme Leader, Mohsen Rezaei, has accused US President Donald Trump of wanting to “play policeman” in the Strait, warning that US Navy ships currently deployed in the blockade could become targets in case of escalation. The issue was also the news, reported by the "Financial Times" but denied by Beijing, according to which Iran had used Chinese military means to strike the United States. This would be a spy satellite, the TEE-01B, which, according to reconstructions, was purchased in 2024 by the Aerospace Force of the Islamic Revolutionary Guard Corps (Irgc) for approximately 250 million yuan (36.6 million dollars), after its launch into space by China.

On the other hand, according to the "Washington Post" newspaper, the US could instead send another 10,000 troops to the Middle East – in addition to the 50,000 already stationed in the region – ahead of the expiration of the two-week ceasefire, which will end next April 22nd. Today, the “Wall Street Journal” also mentioned the possibility that the Trump administration could recruit car manufacturers and other US producers to entrust them with a broader role in the production of weapons, recalling a practice used during World War II. High-ranking Defense officials, according to the US conservative-leaning newspaper, had discussed the production of weapons and other military supplies with the CEOs of several US manufacturing groups, including GM’s Mary Barra and Ford Motor’s Jim Farley.

#Hormuz #thePersianGulf #theStraitofHormuz #theUnitedStates #first #about20percent #Tehran #SupremeLeader #MohsenRezaei #DonaldTrump #Strait #USNavy #the"FinancialTimes #Beijing #Chinese #TEE-01B #theAerospaceForceof #China #the"WashingtonPost #theMiddleEast #Trump #WorldWarII #Defense #MaryBarra #FordMotor’s #JimFarley

https://www.iltempo.it/esteri/2026/04/16/news/stretto-hormuz-iran-usa-navigazione-lato-oman-invio-soldati-produzione-armi-47301862/

Ford reshuffles EV unit, Doug Field out as Farley chases 8% margin

https://fed.brid.gy/r/https://electrek.co/2026/04/15/ford-doug-field-leaves-ev-unit-dissolved/

Yahoo Finance | Can Ford Justify Record CEO Compensation After Record Recalls?

Can Ford Justify Record CEO Compensation After Record Recalls?
Many investors barely scratch the surface of leadership incentives when considering investments. But despite the lack of attention, executive incentives and compensation are crucial for investors to pay attention to because they are what align management and shareholder interests for the long term. By tying compensation to long-term metrics, it assures investors that executives are focused on sustainable and valuable growth, rather than pushing aside important research-and-development costs to focus on short-term earnings, as one example.

With that as the context for Ford Motor Company (NYSE: F) investors, how should they feel about CEO Jim Farley's pay raise to the highest in his tenure, after the automaker set a historic recall figure just last year? When the book closed on 2025, Farley's total compensation jumped almost 11% to $27.5 million, the highest since he took over as CEO in late 2020. Here's the kicker: The surprising driving force behind the pay raise was tied to quality metrics, despite a record number of recalls that have raised the company's costs in the past and even dinged earnings unexpectedly.

Ford is working to improve initial quality to reduce warranty costs. Management says it is doing this with thorough and rigorous predelivery inspections, more testing of crucial components until failure, and incorporating artificial intelligence (AI) to more efficiently find manufacturing defects. By all accounts, significant progress is being made. Nonetheless, the company's stock declined 13% over the past decade while the S&P 500 more than tripled. And despite internal indicators suggesting improved quality, its recalls remain alarmingly elevated, some evidence from J.D. Power points to inconsistent quality, and its CEO is being compensated at a higher rate than ever. The optics aren't great, and long-term shareholders have a right to be a bit frustrated. Ford needs to turn this around, and soon.

Read more: https://finance.yahoo.com/markets/stocks/articles/ford-justify-record-ceo-compensation-130500672.html

#fordmotorcompany #ceo #jimfarley #investors

#Ford #Tesla #EVNews #JimFarley #ElectricVehicles

https://globalindiabroadcastnews.com/technology/tech-news-technology/ford-ceos-shocking-discovery-after-tesla-chinese-ev-teardown-triggers-bold-ford-ev-strategy/4710?utm_source=mastodon&utm_medium=jetpack_social