Nora Eckert
Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs
Ford EV pickup added to the carmaker's future lineup as plans readjusted, with three-row electric SUV to be scrapped.
Ford profit disappoints, stock falls 12% as quality issues dog automaker
The Detroit automaker earned an adjusted profit of 47 cents per share, significantly missing analysts' expectations of 68 cents.
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
GM and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to...
Ford pivots from EV plans to heavy-duty trucks at Canada facility
Ford in April had already delayed the launch of its three-row electric SUVs from 2025 to 2027, citing slower than expected growth in...
Michigan lowers incentives for Ford EV battery plant to match reduced output
Ford Motor is receiving a reduced incentive package from Michigan for its battery plant in Marshall, cutting expected production to align with EV...
Ford urges its managers to buy more EVs with new leasing policy
The company changed a leasing program it offers to eligible current and former managers, now requiring them to order an electric Mustang Mach-E...
CDK hack upends US auto industry, sending dealers back to paper forms
A cyberattack on a system used by 15,000 retail locations is affecting automakers.
Detroit Three automakers should exit China, leading analyst says
John Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be...
Ford walks back EV dealer restrictions to boost sales
Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort...
GM cuts EV production forecast, approves $6 billion share buyback
General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...
