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.
April 11, 2024Latest News Updates From Keith Naughton
Ford Cuts Price of F-150 Lightning Pickup
Ford Sees 鈥楥olossal鈥 Competitive Threat in Chinese EVs
Ford Motor Co. sees low-cost Chinese electric vehicles as a 鈥渃olossal strategic threat鈥 that will arrive on U.S. shores, as automakers already confront shaky consumer demand for EVs.
February 14, 2024Ford 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.
January 19, 2024Carmakers 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.
January 3, 2024EV 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.
December 15, 2023Ford 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 鈥 its signature electric vehicle 鈥 due to slowing demand for battery-powered models.
December 12, 2023Ford Pulls Profit Forecast on Strike Impact
Ford Motor Co. said it fell short of third-quarter earnings expectations, citing higher costs and lower quality, a day after it won labor peace through a tentative contract with the UAW.
October 27, 2023UAW Members Walk Out at Ford Kentucky Truck Plant
Ford Motor Co. became the latest strike target for the United Auto Workers after members walked out of its largest plant, a highly profitable pickup factory in Kentucky.
October 11, 2023Ford Electric F-150 Sales Drop 46% as Deliveries Delayed
Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for 鈥渜uality checks.鈥
October 4, 2023Ford Pauses Construction of Michigan Battery Plant
Ford Motor Co. is halting construction of a $3.5 billion battery plant in Michigan that drew scrutiny from Republican lawmakers for its ties to a Chinese battery maker.
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