The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
Category: Ford Motor Co
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Ford Fined by Safety Agency Over Defective Rearview Camera Recalls
The regulator faulted the automaker for not recalling cars with defective rearview cameras quickly enough and for providing incomplete and inaccurate information.
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G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
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Inside Detroit’s Newlab, a Hub for Mobility Startups in Henry Ford’s Hometown
Entrepreneurs once flocked to Motor City to build cars. Now, they’re building its mobility future.
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G.M. Electric Vehicles Gain Access to Tesla Chargers
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
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Tesla Chargers Are Still Closed to Most Electric Cars
Elon Musk’s plan to open Tesla’s charging network is proceeding slowly. Nobody is entirely sure why, or when that might change.
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Ford Pulls Back Its Electric Vehicle Push
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
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Ford Will Make Gasoline Trucks Not Electric Vehicles in Canada Plant
Ford will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.
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Tesla’s Share of U.S. Electric Car Market Falls Below 50%
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
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How Electric Car Batteries Might Aid the Grid (and Win Over Drivers)
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
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Car Deals Vanished During the Pandemic. They’re Coming Back.
Automakers and dealers are starting to offer discounts, low-interest loans and other incentives to lure buyers as the supply of cars grows.