Mark Reuss became the automaker’s president seven years ago, ascending to a role his father was fired from decades before. We got the chance to speak with him.
In a first, Apple software will influence the way a new line of electric vehicles made by Ford Motor operates, and other automakers may follow.
The company is selling more cars, but the company’s profit was down because of price cuts and higher expenses.
The largest U.S. automakers have backed away from electric vehicles, even as global sales are booming. The decision may make them obsolete.
Price cuts helped the electric automaker rebound in Europe in the second quarter, offsetting declines in the United States.
The German company is doubling down on electric vehicles even as other automakers pull back after acknowledging billions of dollars in losses.
Investors who bought the automaker’s shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX.
The carmaker will follow Tesla in making large batteries used by electric utilities, data centers and other businesses to handle fluctuations in power supply and demand.
Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.
Ford Motor said it expected the federal government to refund $1.3 billion the company paid in tariffs that the Supreme Court later struck down.
War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
Cars have become so expensive that many Americans are putting off or not buying new cars, hurting the auto industry.
General Motors, Ford and other established automakers risk becoming relics if they don’t catch up to Chinese carmakers and technology companies in electric vehicles and self-driving cars.
El primer ministro, Mark Carney, anunció el jueves varias medidas destinadas a convertir a Canadá en líder mundial en vehículos eléctricos y a rescatar una industria asolada por la política comercial estadounidense.
Prime Minister Mark Carney announced several measures Thursday aimed at making Canada a global leader in electric vehicles and rescuing an industry ravaged by U.S. trade policy.
The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Model X.
The agreement, while scarce on details, is the latest step by Prime Minister Mark Carney to reduce Canada’s reliance on trade with the U.S.
The automaker said that it would buy back stock worth up to $6 billion and that it expected profit to rise this year after it pulled back from electric vehicle production.
U.S. trade policy has devastated the Canadian auto industry and pushed the country to reach an agreement that will make it easier for Chinese companies to sell cars there.
The president’s hostility to E.V.s is hurting U.S. automakers.