2024
Ford Loses $1.3 Billion On Electric Vehicles In First Quarter of 2024
Ford Motor Company reported a loss of $1.3 billion in the first quarter of 2024 on electric vehicles or more than $130,000 for each EV sold.
cars
Ford Delaying Electric SUV, EV Truck Production
Ford Motor has announced the car manufacturer is delaying production of the planned launches of three-row EVs in Canada and its next-generation pickup truck in Tennessee.
BYD
Tesla set to erase $70 billion in valuation after Musk’s sales warning
Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.
" Manufacturing payrolls
US job growth misses expectations in October as labor market slows
U.S. job growth in October slowed due to strikes, with wages increasing at the slowest rate in over 2 years.
auto
UAW Reaches Tentative Deal With Ford, Potentially Ending The Strike With Big Three Automaker
The United Auto Workers union (UAW) and Ford have reached a tentative agreement that would end the strike.
automakers
Ford lays off another 150 workers citing UAW strike
Ford said it is laying off another 150 workers in Michigan because of the ongoing United Auto Workers strike.
affordability
Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
Tesla joined General Motors and Ford in being cautious about expanding electric vehicle production capacity.
Andrew Frick
Ford reshuffles top management as UAW strike drags on
Ford announced a management rejig, promoting their combustion vehicle unit chief to the position of chief operating officer.
automakers
UAW warns of new strikes against Detroit Three without warning, no new walkouts Friday
UAW President Shawn Fain said Friday that the union will not expand its strike against the Detroit Three automakers at the moment.
AutoForecast Solutions
Surprise UAW strike at Ford raises stakes for Detroit Three
The UAW snap strike on Wednesday at Ford’s largest and most profitable factory.