Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10 ...
Ford on Tuesday confirmed lasting price cuts on the Mustang Mach-E lineup, along with 20% faster road-trip charging and a boost in range in some cases. The automaker has also substituted in a ...
Ford has removed $5,000 in cost from the Mustang Mach-E crossover, but it's not enough to offset the revenue drop due to ...
Just days after closing a Tesla investigation, federal safety regulators are now looking into Ford's driver-assistance system ...
Ford ’s 2024 Q1 results announced last week are pretty telling about the state of the electric vehicle market, especially in ...
The Mach-E led the charge ... up $5,500 from 2023. The only 2024 Ford Lightning models to receive price cuts from the previous model were the Platinum (-$7,000) and Platinum Black (-$5,000 ...
Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.
The price cuts put in place April 5 partially reverse ... investigating a March 3 crash in Philadelphia involving a Ford Mach-E where an advanced driver assistance system is suspected of use.
In response to a dealer memo unexpectedly leaked on Thursday, Ford has confirmed that the automaker ... Ford F-150 Lightning or a 2023 Mustang Mach-E. John McElroy, veteran industry analyst ...
Ford’s Model e division, which oversees some of the company’s EV sales as well as software, reported $100 million in revenue, ...
The automaker points to industry-wide pricing pressure (price cuts) as one of the ... into showrooms, Ford has had to reduce the pricing of the Mustang Mach-E and F-150 Lightning even further ...
And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the ... $5,000 in cost on each Mustang Mach-E, “revenue is dropping faster than ...