Used car prices in the U.S. fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases.
July 10, 2023Latest News Updates From Keith Naughton
Used Car Prices Fall Most Since Pre-Pandemic
EV Auto Sales Growth Slows
Electric vehicle sales growth, while still brisk, has begun to slow in the U.S. as inventory of battery-powered models piles up on dealer lots.
July 6, 2023Why Ford Chose Tesla for EV Partnership: It’s the Plug
Hours before Tesla Inc. and Ford Motor Co. announced their surprise charging partnership, Ford’s chief executive officer offered his take as to why the U.S. has been so slow to adopt electric vehicles.
May 30, 2023Ford CEO Sticks to ‘Crazy High’ EV Goal
Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.
May 19, 2023Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook
Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.
May 3, 2023Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year
Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.
March 24, 2023Ford Sees EV Losses Growing to $3 Billion in 2023
Ford Extends Shutdown of Electric F-150 Plant
Ford Motor Co. is extending the shutdown of its F-150 Lightning pickup plant for a fourth week as it works to resolve a problem that caused a battery fire in one of the electric trucks.
February 24, 2023Toyota’s CEO Says EV Adoption Will Take Longer Than Expected
Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.
September 29, 2022Ford Unveils Big, Gas-Fueled Pickup That’s Funding Its EV Future
Ford Motor Co.’s redesigned F-Series Super Duty pickup may lack the sex appeal of the Mustang introduced earlier this month, but this hulking warhorse is critical to funding the automaker’s electric future.
September 28, 2022Follow Us
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