TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%
TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%
TSLA319.530-2.02%
GM86.940-2.22%
F13.790-0.34%
RIVN15.380-0.18%
CYD48.730-0.19%
HMC30.7300.13%
TM187.4901.6%
CVNA68.300-1.18%
PAG216.4000.64%
LAD375.7807.21%
AN211.330-4.45%
GPI270.820-6.78%
ABG215.990-3.48%
SAH84.890-1.92%


Ford

In this week's top automotive stories, AutoNation and Penske Automotive saw profits slide during the first quarter on weaker pricing.

Automotive weekly roundup: dealer group profits fall, emergency brake rule, Ford University launch

- May 3, 2024
Earlier this week: AutoNation and Penske Automotive reported first quarter earnings this week, revealing notable declines in profitability. The National Highway Traffic Safety Administration finalized a rule requiring automakers to...
Articles Daily Automotive News
The NHTSA is conducting a preliminary investigation into Ford's BlueCruise hands-free driving system over two Mach-E crashes.

NHTSA opens initial investigation into Ford BlueCruise

- April 29, 2024
The National Highway Traffic Safety Administration (NHTSA) has launched a preliminary investigation into Ford's BlueCruise driver-assistance system amidst an apparent regulatory crackdown on such platforms. The NHTSA opened its probe in...
Articles Headlines
Ford saw Q1 revenue improve but struggled to maintain profitability as its ICE and electric divisions dragged down earnings.

Ford posts “solid” Q1 earnings despite weakening profits

- April 25, 2024
Ford posted stable earnings late Wednesday after sales rose 7% over the first quarter but struggled to maintain profitability as moderate price cuts and electric vehicle production expenses took their...
Articles Headlines
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

- April 22, 2024
The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown in electric vehicle demand, increased competition...
Headlines Articles
Ford has slashed prices on its 2024 F-150 Lighting electric pickup amidst a modest surge in EV affordability.

Ford confirms Lightning pickup price cuts ahead of release

- April 12, 2024
Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to improve electric vehicle affordability. On April 11, a leaked dealership memo indicated...
Articles Headlines
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E models form 2023 and 2024

Ford offers Tesla owners up to $10K in savings on the Mustang Mach-E

- April 11, 2024
On April 3, Ford began offering $1,500 Tesla Competitive Conquest Bonus Cash on all versions of the Mach-E, including the 2023 and 2024 Mustang Mach-E and the Mach-E rally model,...
Headlines Articles
The National Highway Traffic Safety Administration (NHTSA) announced that Ford will recall 42,652 Bronco Sport and Escape vehicles in the United States

NHTSA says Ford recalls more U.S. SUVs due to fire risks

- April 10, 2024
On Wednesday, April 10, 2024, the National Highway Traffic Safety Administration (NHTSA) announced that Ford will recall 42,652 Bronco Sport and Escape vehicles in the United States due to damaged...
Headlines Articles
Ford approach has changed to leverage the newest technologies to maintain the franchise partner as the vital pillar of our operation.

Ford Europe adopts data-driven approach to improve franchise network operations

- April 9, 2024
Nearly two years ago, Ford's CEO, Jim Farley, had envisioned a future where Ford dealers would adopt the agency model with 100% digital sales, no inventory, and fixed pricing, thereby...
Headlines Articles
Ford delays Canadian release of electric pickup and three-row EV

Ford delays Canadian release of electric pickup and three-row EV

- April 5, 2024
On April 4, Ford Motor announced that it had postponed the release of its next-generation electric pickup truck and its three-row EV vehicles in Canada due to the global slowdown...
Headlines Articles
BYD witnessed a sharp quarter-over-quarter electric vehicle sales decline amidst a slowdown in demand and an economic downturn in China.

Automotive weekly roundup: BYD sales plummet, Tesla disappoints, Ford wins on hybrids

- April 5, 2024
Earlier this week: China's BYD saw sales plunge from the previous quarter amidst an economic downturn. Tesla reported disappointing sales for the first quarter, marking the first year-over-year decline since 2020....
Articles Daily Automotive News

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CBT News
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