Ford Expects $3 Billion in Pretax EV Losses in 2023 [VIDEO]
Ford is expecting to lose $3 billion pretax on its electric vehicle (EV) division this year, according to statements from the company made on Thursday (via Reuters). The…
Ford is expecting to lose $3 billion pretax on its electric vehicle (EV) division this year, according to statements from the company made on Thursday (via Reuters). The…
Ford is extending its delay to F-150 Lightning production, after an issue earlier this month caused one of the electric trucks to catch on fire, according to a…
After Ford announced a halt to production on F-150 Lightning units this week due to a mysterious battery issue, new statements from the company provide more details on…
Ford is putting a halt on all F-150 Lightning production due to a possible problem with the electric pickup’s battery, according to a statement from the company on…
Ford announced on Monday it will be investing $3.5 billion to build a lithium iron phosphate (LFP) battery plant in Marshall, Michigan, confirming previous reports last week. The…
Amidst swirling rumors of job cuts as the company reels from recent losses, Ford’s CEO has made a call to improve efficiency at the company following disappointing earnings.…
Ford reported a full year of net losses in 2022 with a particularly rough fourth quarter, citing “execution issues,” according to CNBC. Last year, Ford lost $2 billion,…
Ford will cut costs and boost production of the electric Mustang Mach-E, just a few weeks after Tesla’s price cuts shook the electric vehicle (EV) sector (via CNBC).…
Consumer Reports has rated Ford BlueCruise as its top-rated driver’s assistance system, topping the publication’s last-year pick of GM’s Super Cruise and the Tesla Autopilot system, which has…
Ford may be talking with Chinese automaker BYD about selling its Saarlouis, Germany plant, according to sources familiar with the matter in a report from The Wall Street…
Ford says it will reduce its reliance on Volkswagen for its next electric vehicle (EV) platform in Europe, according to a report from Financial Times. The Volkswagen Modular…
Ford issued the most recalls of any automotive manufacturer in 2022, both by the number of recalls and the total volume of cars potentially affected (via Autoblog). The…
Ford Motor has increased the price of its F-150 Lightning Pro electric truck, now from $55,974 USD, a nearly 8% increase. According to a Ford spokesperson in a…
Ford launched its electric F-150 Lightning earlier this year, and the vehicle has already earned its first award in the truck sector. Motortrend has named the Ford F-150…
Around two-thirds of the Ford dealership network has registered for the automaker’s electric vehicle (EV) certification program, according to recent statements from the company’s head. Ford CEO Jim…