One of the largest automotive companies in the world lost $1.3 billion in its EV-only business unit known as "Model e" in the ...
Ford has removed $5,000 in cost from the Mustang Mach-E crossover, but it's not enough to offset the revenue drop due to ...
Ford can’t make enough Super Duty trucks; the three-row electric SUV is pushed back; and Farley says entry-level EVs could be ...
Ford’s Model e division, which oversees some of the company’s EV sales as well as software, reported $100 million in revenue, ...
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10 ...
Ford has confirmed price cuts to the F-150 Lightning battery-powered pickup, joining automakers such as Tesla in efforts to ...
Tesla’s recent first-quarter deliveries, which lagged significantly behind expectations, suggest the industry may not be out of the woods yet, and more price cuts may be looming. Ford’s latest ...
Now, Ford has become the latest automaker to cut prices of its electric models, slashing thousands off the cost of an F-150 Lightning pickup truck. Ford has cut up to $5,500 off certain models of ...
In response to a dealer memo unexpectedly leaked on Thursday, Ford has confirmed that the automaker ... Ford F-150 Lightning or a 2023 Mustang Mach-E. John McElroy, veteran industry analyst ...
Ford had cut prices on its Mustang Mach-E electric SUV by up to $8,100 in February, after sales fell sharply a month earlier. The company also has a "skunk works" team working on a new ...