Changing technology, political turmoil and competition from China are cutting into profits and forcing carmakers to cut jobs and close factories.
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Entrepreneurs once flocked to Motor City to build cars. Now, they’re building its mobility future.
After a delay of several months, General Motors said owners of its battery-powered models would now be able to use Tesla charging stations with adapters.
With Trump once again in the Oval Office, America would be at risk of falling even further behind China in industrial competitiveness.
Elon Musk’s plan to open Tesla’s charging network is proceeding slowly. Nobody is entirely sure why, or when that might change.
The automaker said it would invest less in battery-powered cars and scrap a planned electric three-row sport utility vehicle.
Ford will build large pickups at a Canadian factory that it had previously slated to produce electric vehicles, sales of which have slowed in recent months.