The Latest Breaking News from Jim Farley

Ford has announced that after more than two decades it's returning to Formula 1, entering into a strategic technical partnership with Red Bull Powertrains.

The Dearborn, Mich., auto stalwart has just announced massive job cuts in Europe, affecting mainly gasoline-car production.

WASHINGTON — Ford Motor Co. first considered sites in Canada, Mexico and elsewhere for the $3.5 billion battery plant it plans to build in Michigan, company officials said Monday, but hefty new incentives in the Inflation Reduction Act pushed them to choose the United States.

The new super truck will probably never be produced, but the one-off example will demonstrate what the platform is capable of.

On the heels of Ford's related announcements, the video features Jimmy Fallon racing world-famous Formula 1 driver Sergio "Checo" Pérez in electric go-karts.

CEOs are channeling their companies' economic woes into a push for greater efficiency.

The outspoken CNBC host and contributor makes his case when asked which automaker stock he'd rather own.

Some 22 years after pulling the plug out of Jaguar and handing the keys to a certain Dietrich Mateschitz, the paths of Ford and Red Bull have crossed again. And their 2026 Formula 1 alliance makes sense for both parties.

Ford CEO Jim Farley said so in an interview, though it's still open to interpretation.