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Ford's EV push slows again as F-150 Lightning shipments halted over quality issue

The move comes just weeks after Ford cut production of the battery-powered pickup due to slowing sales.

24.02.2024 10

Keith Naughton

Ford is slashing prices for electric cars after sales took a nosedive last month

Ford's 2023 Mach-E models are getting thousand-dollar price drops.

Keith Naughton

Ford sees 'ultimate competition' of Chinese EVs and affordable Tesla models as it projects $5.5 billion loss in battery-powered unit

“We are nowhere near our earnings potential,” CEO Jim Farley said. “All of our EV teams are ruthlessly focused on cost and efficiency."

08.02.2024 10

Keith Naughton

Ford lays off employees working on F-150 Lightning as demand for electric vehicles continues to weaken

CEO Jim Farley said Ford still sees “a bright future” for EVs for “specific customers," but it's been cutting down on production.

Keith Naughton

The UAW scores another raise for non-union members as Nissan gives a 10% raise to 9,000 American factory workers

Nissan offers eight weeks of paid parental leave, more than the two weeks the UAW won in its new contracts.

21.11.2023 30

Keith Naughton

Ford reaches a tentative deal with striking autoworkers, marking a huge breakthrough in a work stoppage that's cost the industry billions

The tentative deal includes a 25% wage hike. General Motors and Stellantis have yet to reach a similar agreement.

Keith Naughton

SoftBank bets autonomous trucks 'will fundamentally change' supply chains, transportation of goods

SoftBank’s investment in Stack AV is “north of $1 billion,” says an official.

Keith Naughton