Adjusted earnings before interest and taxes this year will be about $10 billion, down from a previous outlook for as much as $12 billion, the company said Oct. 28.
October 28, 2024Business, Technology, Equipment, Fuel
Ford’s Profit Outlook Falls Short as EV Demand Slows
Business, Technology, Equipment
EV Output Is 45% Below Carmakers’ Expectations, Supplier Says
Carmakers are faced with significant overcapacity to make EVs because of softening demand with many turning back to development plans for combustion-engine cars, OPmobility SE reports.
July 23, 2024Business
Ford Beats Sales Estimates on Strong Demand for Work Trucks
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
April 24, 2024Business, Technology, Equipment
Ford’s Commercial Business Is Defying the EV Slump
Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.
April 18, 2024Business, Technology, Equipment
Ford to Delay Production of New Electric Pickup, Large SUV
DETROIT — Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.
April 4, 2024Business, Technology, Fuel
Ford EVs Need Adapter to Use Tesla’s Network
DETROIT — Owners of Ford electric vehicles can now use much of Tesla’s charging network in the U.S. and Canada, but they’ll need to get an adapter that Ford will provide for free.
February 29, 2024Business, Technology, Equipment, TCA
Ford Pauses F-150 Lightning Shipments
Ford Motor Co. has paused shipments of the 2024 F-150 Lightning pickup truck as part of a longer-than-expected quality check process.
February 26, 2024Business, Technology
Ford Cuts Workforce Making Electric F-150s on Weak Demand
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken.
January 19, 2024Business
Ford, UAW Reach Tentative Deal
DETROIT — The United Auto Workers union said Oct. 25 it has reached a tentative contract agreement with Ford that could be a breakthrough toward ending the nearly 6-week-old strikes.
October 25, 2023Government, Business, Fuel
Ford Says Strict Fuel Rules Will Cost It $1 Billion in Fines
Ford Motor Co. says it would face $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers.
October 18, 2023