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

Ford saw increased sales in the second quarter thanks to improved electric vehicle inventory and increased pickup demand in the U.S.

Ford sees uptick in pickup, electric vehicle sales thanks to improved supply

- July 6, 2023
Ford saw increased sales in the second quarter thanks to improved electric vehicle inventory and increased pickup demand in the U.S. From April through June, the automaker sold 531,662 vehicles across...
Michigan residents, lawsuit

Michigan residents file a lawsuit opposing the massive Ford battery plant

- June 29, 2023
A group of Calhoun County residents in Marshall, Michigan, filed a lawsuit aiming to derail a massive Ford battery plant. The case followed the move by local officials signing a...
Ford's layoffs

Ford’s restructuring initiative reveals plans for additional layoffs in the U.S.

- June 27, 2023
On June 26, Ford announced it would carry out layoffs, primarily affecting engineering jobs in the U.S. and Canada, as the carmaker aims to cut costs while restructuring its business...
Ford layoffs

Ford announces new round of layoffs to support EV transition

- June 23, 2023
In its latest effort to streamline operations and reduce costs, Ford is preparing to initiate another round of layoffs in the upcoming weeks.  The layoffs are expected to include U.S. salaried...
Earlier this week: Ford acquired significant DOE loan for EV production.and more headlines this week in automotive industry news.

Weekly roundup: Ford CEO criticizes Tesla Cybertruck, Rivian joins EV charging alliance

- June 23, 2023
Earlier this week: Tesla announced significant discounts to its dual motor and all-wheel drive versions of the Model X and Model S, in a bid to move remaining inventory before...
Ford Motor Company has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production.

Ford scores massive $9.2 billion loan for electric vehicle batteries

- June 22, 2023
Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to compete with Chinese manufacturing. The Department of...

Jim Farley criticizes Tesla’s Cybertruck in the wake of EV charging alliance

- June 22, 2023
During an interview with CNBC, Ford's CEO Jim Farley expressed his outlook on the recent EV charging partnership between Ford and Tesla.  "When it comes to gaining an advantage over my customers,...
Ford Fund

Ford partners with non-profit, invests $5.8 million to aid disaster relief efforts

- June 21, 2023
Ford’s chairman, Bill Ford, announced on June 20 that the Ford Fund is initiating a $5.8 million investment in disaster relief operations to aid communities affected by tornadoes, floods, hurricanes,...
EV market\, Bill Ford

Ford Chairman says U.S. not yet ready to compete with China on EVs

- June 19, 2023
In a recent interview with CNN, Ford Chairman Bill Ford Jr acknowledged that the U.S. is not fully prepared to compete with China in producing electric vehicles. Although, the automaker...

Two top OEM executives see strong U.S. consumer demand for new vehicles

- June 16, 2023
According to two prominent OEM executives, the demand for new vehicles from retail and commercial consumers in the U.S. is stronger than expected. Encouraging remarks from General Motors Chief Financial Officer...


CBT News
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