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February 7, 2024
Ford is slowing investment in new EV capacity to match slower demand following a seismic change in EV pricing over the past year, Ford executives told analysts. The next generation of Ford EVs will be launched "only when they can be profitable," Marin Gjaja, head of the Model E EV business, told analysts Tuesday.
February 7, 2024
Ford promised during the Q4 2023 earnings call that its Gen-2 flexible EV platform will become profitable within the first 12 months of starting production
July 28, 2023
Ford forecast its electric vehicles will lose $4.5 billion this year, up from an earlier forecast of a $3 billion loss.
July 28, 2023
Ford announced the second-quarter financial results, and its EV division Model e stuck out like a sore thumb, with mounting losses projected to increase ...
July 17, 2023
Week. we will see you again soon. now, talking about where we will be in ten years. the automotive world is changing and changing rapidly, and nowhere was that more visible than at the goodwood festival of speed, here in england, which ended yesterday. alongside the vast array of raucous petrol—powered machinery on display was a range of whisper quiet but high—performance electric machines. the ford motor company was among those who used the event to showcase their electric offerings. its vi...
June 9, 2023
Ford has argued that it will be an electric vehicle leader and not merely a survivor, and people are starting to believe it.
May 3, 2023
Ford reported its first-quarter financials for 2023, showing that the losses at its 'Model e' EV division are widening. Specifically, the ...
April 14, 2023
Motorway drivers will be legally allowed to let go of a car's steering wheel for the first time, after the UK became the first European country to approve a hands-free system.
March 31, 2023
John Devlin joins Inside Automotive to discuss the state of his local car market and how dealers are handling OEM and legal challenges.
March 24, 2023
Ford announced a new financial reporting structure on Thursday to highlight the carmaker's investments in electric vehicles.