Feb 22, 2024, 2:59 PM EDT
Unions carried out the highest number of major work stoppages in the U.S. in more than 20 years in 2023, according to data from the Bureau of Labor Statistics.
Ford Motor Co. on Tuesday said it had cut prices on its Mustang Mach-E electric SUV by up to $8,100 after sales fell sharply in January, as demand for electric vehicles wanes.
The Biden administration's EPA is reportedly planning to delay a requirement that automakers rapidly increase sales of EVs until after 2030 as weak EV sales hit American car companies.
Ford CEO Jim Farley and GM CEO Mary Barra said their companies are open to collaborating on EV technologies with other automakers to better compete with Chinese EV makers like BYD.
Heritage Foundation economist Diana Furchtgott-Roth explains how a wave of Chinese-made electric vehicles could pose new security risks for Americans.
Ford's profit margins took a hit due to losses in the electric vehicle segment, and the company is refining its plans for producing next-gen EVs to better meet market demand.
Ford is considering ditching its automated parallel parking feature from its vehicles in order to cut down on costs, saying few customers are utilizing it anyway.
Toyota announced Tuesday it is pouring $1.3 billion into its flagship Georgetown, Kentucky, plant to begin production of a new, all-electric three-row SUV.
Ford Motor Co. reported a drop in electric vehicle sales in January as demand for EVs waned, but made up for the loss with a 43% surge in hybrid sales.
Ford unveiled the new and redesigned 2025 Explorer, which will be the company's first vehicle featuring the Ford Digital Experience, which boosts customers' connectivity.