Ford Profit Falls Short on Quality Woes, Warranty Costs
Ford Motor Co. posted second-quarter profit that fell short of Wall Street estimates, saying quality problems with new vehicles led to a surge in warranty costs.
Ford F-Series Pickup Sales Fall
Ford Motor Co.’s F-Series pickup truck sales dropped in the second quarter as the automaker slowly rolls out a redesign of its top-selling model to avoid quality problems and recalls.
Ford Beats Sales Estimates on Strong Demand for Work Trucks
Ford Motor Co., rapidly retooling its electric vehicle strategy in a decelerating market for plug-ins, posted first-quarter results that beat expectations on strong sales of work trucks.
Ford’s Commercial Business Is Defying the EV Slump
Demand from fleet-based vehicle operators is a lone bright spot for the EV industry as global sales sputter.
Ford Cuts Price of F-150 Lightning Pickup
Ford slashed prices of its electric F-150 Lightning pickup truck by as much as 7.5% as the automaker prepares to resume deliveries this month following a halt this year over a quality issue.
Ford Sees ‘Colossal’ Competitive Threat in Chinese EVs
Ford Motor Co. sees low-cost Chinese electric vehicles as a “colossal strategic threat” that will arrive on U.S. shores, as automakers already confront shaky consumer demand for EVs.
Ford Cuts Workforce Making Electric F-150s on Weak Demand
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken.
Carmakers End 2023 With High Rates, Prices Affecting Sales
U.S. auto sales softened at the end of last year as higher financing costs and near-record prices took their toll on would-be buyers.
EV Inventories Hit Record High in US as Cars Pile Up on Lots
Electric vehicle inventories on U.S. dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago.
Ford Cuts Electric F-150 Plans in Ominous Sign for EV Market
Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.