The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
Category: Ford Motor Co
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
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.
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.
U.A.W. Members at General Motors Ratify Contract
The United Automobile Workers union hopes the agreements with General Motors, Ford and Stellantis will help it make inroads at other companies.
G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
Many longstanding General Motors workers have been voting against the tentative accord, which they feel insufficiently improves retirement benefits.
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.
U.A.W. Strikes Near an End After G.M. Reaches Tentative Deal
Tentative accords at Ford Motor, General Motors and Stellantis are the most generous in decades, raising costs as the industry shifts to electric vehicles.
Ford’s U.A.W. Deal Will Raise Costs While Easing Labor Strife
A tentative agreement gives union members at the carmaker their best terms in decades but could complicate Ford’s electric vehicle plans.