Some buyers said the electric Lightning did not meet expectations, and Ford has slashed its production plans for the pickup because sales are lagging.
Category: Ford Motor Co
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Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
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Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
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Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
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Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
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Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
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Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well as labor costs.
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U.A.W. Members at General Motors Ratify Contract
The deal was backed by 55 percent of the United Automobile Workers members voting. Tentative accords at Ford and Stellantis seem headed for approval.
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G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
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‘Our Family Can Have a Future’: Ford Workers on a New Union Contract
A couple who work at a Ford factory that was on strike for 41 days said the terms of a tentative contract agreement would be transformative for them.
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Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.