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 ...
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 ...
Ford ’s 2024 Q1 results announced last week are pretty telling about the state of the electric vehicle market, especially in ...
The Model e division posted a loss around $130,000 for every electric vehicle it sold from January to March 2024.
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.
The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said ...
Widespread layoffs within the Tesla unit are a blow to efforts to build out a national charging network.
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 had cut prices on its Mustang Mach-E electric SUV by up to $8,100 in February, after sales fell sharply a month earlier. The company also has a "skunk works" team working on a new ...
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 ...