Ford Motor Co
Electric Car Sales Climb Sharply Despite Shortages
Americans are buying electric vehicles at a record pace, undeterred by rising prices and long waits for delivery, a further indication that the twilight of the internal combustion engine is on the horizon. Vehicles that run on batteries accounted for 5.6 percent of new-car sales from April through June, still a small slice of the […]
Know MoreGM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts
The auto industry is facing worrying signs all across its horizon, including rising interest rates and fears of a recession. But the biggest problem still seems to be making enough cars. General Motors said Friday that its U.S. deliveries of new vehicles in the second quarter declined 15 percent from a year earlier, while Toyota […]
Know MoreHow Safe Are Systems Like Tesla’s Autopilot? No One Knows.
Every three months, Tesla publishes a safety report that provides the number of miles between crashes when drivers use the company’s driver-assistance system, Autopilot, and the number of miles between crashes when they do not. These figures always show that accidents are less frequent with Autopilot, a collection of technologies that can steer, brake and […]
Know MoreFord Plans 6,000 New Union Jobs in Three Midwestern States
President Biden has backed substantial subsidies for electric vehicles, including vehicles made by unionized employees, but those measures have languished in the Senate and their prospects are uncertain. In the meantime, much of the job growth tied to electric vehicles has occurred at nonunion facilities owned by newer automakers like Tesla, Rivian and Lucid, or […]
Know MoreJim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla
Auto experts say the electric F-150, known as the Lightning, must be a success if Ford is to thrive in the age of electric vehicles. Introducing this truck now is equivalent to “betting the company,” said William C. Ford Jr., the company’s executive chairman, who is a great-grandson of Henry Ford. “If this launch doesn’t […]
Know MoreFord Splits Into Electric and Gas Divisions to Speed Up Transition
In making gas-powered vehicles, Ford must focus on reducing costs and generating the profits it needs to fund its E.V. plans. Over the next four years, Ford aims to trim costs for its internal-combustion models by $3 billion, with some cuts coming through job reductions, Mr. Farley said. The electric business, in contrast, will have […]
Know MoreG.M. Cancels Shifts at Michigan Plant Over Canada Protest Disruption
General Motors is the latest automaker to suspend production because of protests at a crucial Canadian border crossing that have disrupted supply chains already in turmoil because of the pandemic. G.M. said it had canceled two shifts on Wednesday and Thursday at a factory in Lansing, Mich., that makes sport utility vehicles. The plant depends […]
Know MoreHow The Trucker Protests Are Snarling the Auto Industry
“What people seem to not understand is that when that truck isn’t moving, they make no money,” Ms. Walker said, noting that drivers with certain types of cargo, such as some hazardous materials, are limited to crossing on the Ambassador Bridge. The slowdown in Canadian trade will disproportionately affect New York, Michigan and Ohio, said […]
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