Ford announces that its new electric SUV will be known as the Mustang Mach-E. The "Mustang" model name, previously employed by Ford's muscle cars, could be an important asset for the new venture.
The National Highway Traffic Safety Administration of the United States orders Ford Motor Company to recall about three million of its vehicles containing airbags manufactured by Takata, citing "potential future rupture risks".
Five people are killed and 18 others injured in Trier, Rhineland-Palatinate, Germany, when a man drives an SUV into a pedestrian zone. The driver, a 51-year-old male German national, was arrested and was reportedly drunk at the time of the crash.
Ford announces that it has cancelled plans to build a $1.6 billion plant in Mexico, long criticized by U.S. President-elect Donald Trump, and will invest $700 million in its Michigan plant in Flat Rock, potentially creating 700 new jobs from the investment and expansion of the plant.
Fiat Chrysler Automobiles (FCA) and the United Auto Workers (UAW) reach a new tentative four-year labor agreement, averting a threatened strike of the automaker’s U.S. operations. The agreement must be ratified by a vote of FCA's 40,000 U.S. union workers, who rejected the previous proposal earlier this month. If ratified, the UAW intends to use the pact as a template for negotiations with General Motors Co. and Ford Motor Company.