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Ford sacrifices short-term profits to fix its costly recall problem
Detroit News· 5 days agoFord Motor Co. CEO Jim Farley is so fed up with being the most recalled automaker in America that...
Ford Loses More Money Building EVs Than It Profits From Selling Trucks
AP News Archive· 5 days agoIt's no secret that electric vehicle growth in the U.S.market has significantly cratered, presenting...
Bank of America tells Detroit’s Big 3 they can’t make money in China and should just leave the...
Fortune via Yahoo Finance· 6 days agoBoA argues GM, Ford and Stellantis either face a future of funding continued losses in China or they...
Can Rivian Stock Cross the Electric Vehicle Death Valley?
InvestorPlace· 2 days agoRivian stock is now worth just a little over twice its 2023 sales, or $10.7 billion. Ford and GM are...
First-Half Wrap: The AI Boom, Robust Earnings, Auto Sales on Tap
GuruFocus.com via Yahoo Finance· 5 days agoLaReau, June 11, 2024, https://www.freep.com7 GM Board Approves New $6 Billion Stock Buyback, The...
'Car Wars' report tells Detroit Three to leave China, sell trucks to invest in EVs
Detroit News· 7 days agoDetroit's three automakers should focus on their core businesses, including gas-powered trucks, and...
Gateway - Jalopnik
Jalopnik· 7 days agoNow, a UAW memo shared by the Wall Street Journal reveals that Ford could cut a shift at the plant that builds the all-electric F-150 as “sales for the Lightning have tanked ...