Ford Motor Company

Rule Changes

Supporting weaker standards while balancing global EV pressures

The Transportation Department published its final fuel-economy rule on September 28, cutting the 2031 fleetwide target to 34.9 miles per gallon from 50.4 mpg under Biden. The rule resets standards to model year 2022 levels and arrived as average U.S. gas prices sat just under $4.50 a gallon.

Updated 5 days ago

Money Moves

Anchor industrial buyer for Michigan LIFT

Ford wants to buy from smaller suppliers. JPMorgan wants to lend to them. Michigan wants them building within its borders. On September 29, the three launched Michigan LIFT to make that happen.

Updated Sep 30

Built World

Owner and restorer of Michigan Central Station

The City of Detroit issued a $6.5 million permit on Sept. 28 to turn the 11th and 12th floors of Michigan Central Station into offices. The 18-story Beaux-Arts tower, once the tallest rail station in the world, stood empty for 30 years after the last train left in 1988, until Ford Motor Co. bought it in 2018.

Updated Sep 29

Built World

Former owner; left the building in 1970

A century-old Ford assembly building on Salt Lake City's west side has a new owner. Newmark Mountain West, one of the Intermountain region's largest commercial brokerages, bought the 1924 landmark and plans a $40 million renovation for its corporate headquarters.

Updated Sep 5

Money Moves

Raised 2026 profit and cash-flow guidance

Ford's most profitable product, the F-Series pickup, spent much of the past year starved of aluminum after fires at a key supplier. On Tuesday the company said it still made more money per dollar of sales than a year ago, and raised its full-year profit target.

Updated Jul 28

Built World

Issuing the recall and covering repairs

Put one of these Ford trucks in park, step out, and it might not stay put. On June 30, 2026, Ford recalled 741,195 U.S. vehicles because a transmission defect can damage the part that holds the car still.

Updated Jul 1