Ford Quarterly Sales Were Up Slightly From Last Year
The automaker sold 483,688 vehicles in the United States in the second quarter.
Ford recalls 2.9 million vehicles over a flaw in securing the gear shift in park.
Regulators said 1 percent of the vehicles recalled could have the defect. The products affected include 1.7 million Escape S.U.V.s.
Auto Safety Agency Expands Tesla Investigation
NHTSA will take a broad look at whether the electric carmaker’s driver-assistance system can increase the risk of crashes.
Stellantis and Samsung to spend $2.5 billion on an electric vehicle battery plant in Indiana.
The automaker, which owns Jeep and Ram, is seeking to catch up in a global race to build electric cars and trucks.
GM’s Mary Barra Has a Plan to Win the Electric Vehicle Race
The General Motors chief says efficiencies, innovations and learning from mistakes will allow her company to become a leader in electric vehicles.
G.M.’s Profits Fell 3% in the First Quarter
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
Ford Has Made 2,000 Electric F-150 Lightning Trucks, It Says
Deliveries of the F-150 Lightning, Ford’s most important new vehicle in many years, will begin in the coming week, it said.
Jim Farley Tries to Reinvent Ford and Catch Up to Elon Musk and Tesla
Ford’s chief executive is about to introduce an electric F-150 pickup truck that could determine whether the automaker can survive and thrive in an industry dominated by Tesla.
Toyota’s U.S. Sales Fell 15% in the First Quarter Amid a Chip Shortage
The company struggled to produce vehicles in the first three months of the year, a sign that shortages could last longer than executives had hoped.
Stellantis, maker of Chryslers and Jeeps, and LG will spend $4 billion on a new battery factory in Ontario.
The automaker, which was created by the merger of Fiat Chrysler and Peugeot, has lagged in the fast-growing market for electric cars.