Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow
Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Ford Will Cut Planned Electric F-150 Production as Demand Slows
Ford and other automaker have had to readjust their electric vehicle production plans because sales have been weaker than they had expected.
Tesla Plans to Begin Delivery of the Cybertruck Today
Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well as labor costs.
A New Law Supercharged Electric Car Manufacturing, but Not Sales
President Biden’s 2022 climate act spurred big investments in U.S. battery factories, but it has not similarly boosted E.V. sales.
Automakers Delay Electric Vehicle Spending as Demand Slows
Growth is brisk but slower than expected, causing automakers to question their multibillion-dollar investments in new factories and raising doubts about the effectiveness of federal incentives.
What to Know About the Automakers’ Deals With the U.A.W.
With tentative agreements in place, a six-week strike against Ford, General Motors and Stellantis could soon come to an end. But the union’s rank-and-file members still need to approve the deals.
Union Victories May Lift Biden, as U.A.W. Targets Tesla and Others
President Biden’s support for autoworkers helped them make big wage gains, and labor organizers are looking to bring about similar gains elsewhere as carmakers transition to electric vehicles.