Navigating Challenges: How Ford is Addressing Its Electric Vehicle Setbacks and Labor Costs The automotive world was taken aback as Ford Motor Co. faced a 6% drop in its share prices during Friday morning’s trading session. This downturn comes in…
In a year that’s proving pivotal for automakers, Ford has set a new benchmark. The third quarter of 2023 saw Ford clocking its most impressive figures in electric vehicle sales, marking a notable 14% increase from Q3 2022. A Glimpse…
The small town of Becancour in Quebec, already dotted with electric vehicle (EV) projects, has caught the eye of another automotive giant. Ford Motor Co., in collaboration with its South Korean partners EcoProBM and SK On Co Ltd, has announced…
The U.S. auto safety watchdog is delving deeper into the recent recall of Ford’s electric vehicle, the Mustang Mach-E. The key concern? Whether Ford’s recall sufficiently tackled the issues at hand. In June 2022, Ford pulled back nearly 49,000 of…
Electricity is the buzzword as Detroit’s car manufacturers gear up for crucial talks with the United Auto Workers (UAW) about their shift towards electric vehicles (EVs). An influential figure in this process is none other than Elon Musk and his…
In the escalating battle of electric vehicle pricing, Ford Motor has taken a strategic step by reducing the price of its F-150 Lightning trucks, a move aimed at bolstering its presence in the Tesla-dominated EV market. This decision led to…
The second quarter of the year saw a sales surge for Ford Motor, with a noteworthy 9.9% increase compared to the same period last year. This significant boost can be credited to the heightened sales of their F-Series trucks. Ford…
In a move that set Ford Motor’s stock on the upswing, the U.S. government recently committed billions to aid the Detroit-based car manufacturer in its shift to electric vehicles. The U.S. Energy Department revealed a conditional loan of $9.2 billion…
The tables are turning in the EV charging world as major car manufacturers General Motors and Ford have opened up to Tesla’s charging network. This move could set Elon Musk’s brainchild’s superchargers as the new industry standard. Tesla’s North American…
Elon Musk’s electric vehicle charging technology is reshaping the landscape, potentially threatening one of President Biden’s key climate policies. Surprise agreements from automotive giants Ford and General Motors to adopt Tesla’s charging standard have tipped the scales towards a new…
Shares of automotive giants Ford Motor Co. and Tesla Inc experienced a 4.72% surge on Friday, following Ford’s announcement of a revolutionary pact. The arrangement allows Ford’s electric vehicle (EV) users to access Tesla’s charging stations across North America, creating…
