Major automakers like General Motors, Ford, and Stellantis are scaling back their electric vehicle (EV) and autonomous car ...
The EVs themselves were no problem — a Ford F-150 Lightning pickup truck and a Cadillac Lyriq, both fine motor vehicles. The ...
Weak Ford EV sales are causing a bit of chaos. Roughly 4,000 workers are slated to be laid off as Ford works to cut costs.
Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak ...
Ford Motor Co. says it will reduce its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from ...
Ford model e segment is a significant drag on the overall profitability of the company, with a $1.2 billion loss in Q3 and a negative EBIT margin of -104.4%. Read more here.
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
Major car companies like Detroit's GM, Ford, and Stellantis have begun slashing jobs as they cut costs and reshape their ...
It's not a surprise that the Ford F-150 received the best certified pre-owned award. It is a surprise it's the Ford F-150 Lightning. Dealers can't sell the EV, and Ford is paying them to move it out.
Ford said it would cut around 14% of its European workforce on Wednesday, blaming losses in recent years due to weak electric ...
Ford said on Wednesday it would cut around 14% of its European workforce, blaming losses in recent years amid weak demand for ...
Electric vehicle demand in Europe has been sluggish, with sales in Germany dropping significantly in the first nine months of ...