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 ...

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.

Industry analysts say if Ford can pull off the new manufacturing process and platform to develop less costly EVs, great. But ...

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 ...

The company touted the EV investment will create a new production line with a more comfortable work environment. This new model of vehicle assembly will feature the new Ford Universal EV Production ...

Ford has been working for years to offset a cost disadvantage to its rivals. Warranty costs as a percentage of revenue have ...

It doesn’t matter if a Mustang costs $34,610 or $325,000, they all start life the same way on the same assembly line at ...

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 ...

Ford is investing $2 billion in its Louisville Assembly Plant (LAP) to produce a new electric midsize truck. The investment will lead to the creation of a new Universal EV Platform and secure 2,200 ...