Ford is reinventing the traditional car factory it established more than a century ago with the Model T. The new Universal EV Production System splits the traditional single assembly line into three ...

Ford tore up the moving assembly line concept and designed a better one, the company's CEO Jim Farley explained to a crowd gathered at Louisville Assembly Plant in Kentucky for Ford's announcement ...

Over a century ago, Henry Ford’s assembly line helped mass-produce the Model T, setting a new standard for how to manufacture vehicles. Now, at its Louisville Assembly Plant in Kentucky, the Ford ...

Louisville, Ky. — Ford Motor Co. is making a "bet" that a $2 billion investment in Louisville Assembly Plant to make a $30,000 midsize electric truck and abandon the traditional moving assembly line ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Ford said Monday it will invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a mid-sized pickup truck with a ...

Ford’s president and CEO offered an inside look at the auto company’s biggest manufacturing change since the Model T, while spotlighting a multi-billion-dollar bet on America’s supply chain. "We're ...

As part of its much-hyped presentation in Louisville, Kentucky that Ford President and CEO Jim Farley said would be a “Model T moment,” the Blue Oval has announced what it calls the Ford Universal EV ...

LOUISVILLE, Ky. (AP) — Ford Motor Co. will invest nearly $2 billion retooling a Kentucky factory to produce electric vehicles that it says will be more affordable, more profitable to build, and will ...

Ford tore up the moving assembly line concept and designed a better one, the company's CEO Jim Farley explained to a crowd gathered at Louisville Assembly Plant in Kentucky for Ford's announcement ...