General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
Category: Farley, James D Jr (1962- )
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Ford and G.M. Face a Dilemma as China Excels in Electric Vehicles
The New York Times – Business: -
Laid-Off Battery Plant Workers Pin Blame on Ford, not Trump, for Lost Jobs
The New York Times – Business:Ford Motor shut down a battery factory and laid off 1,600 workers after President Trump and Republicans gutted government support for electric vehicles.
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Ford Will Take $19.5 Billion Hit as It Rolls Back E.V. Plans
Ford Motor said the costs come from its decision to make fewer electric vehicles than it had planned and more hybrids that use both gasoline engines and batteries.
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U.S. Manufacturing’s Mixed Picture in 4 Charts
President Trump vowed to bring factories back. Is he succeeding?
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Tesla’s Car Sales Rise 7% as U.S. E.V. Tax Credit Ends
The company benefited from a surge in U.S. demand for electric vehicles after Republicans in Congress voted to end a $7,500 incentive at the end of September. But other carmakers benefited more.
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Ford Rejigs E.V. Plans After Suffering Billions in Losses
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
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Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
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Trump’s Unwelcome News to Auto Chiefs: Buckle Up for What’s to Come
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.
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2 Troubled Carmakers, Nissan and Stellantis, Could Be Hit Hardest by Tariffs
A possible 25 percent levy on goods from Canada and Mexico is likely to raise the prices consumers pay for new cars and trucks, and disrupt complex supply chains.
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.
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Ford Slows Its Push Into Electric Vehicles
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.