Ford Motor Co

Tesla to elevate pay out for hourly Nevada Gigafactory staff in January — transfer could stave off union curiosity
Safety gate outdoors the Tesla Motors Gigafactory internet site east of Reno, Nevada. David Calvert | The Washington Put up | Getty Illustrations or photos Tesla has knowledgeable staff at its battery manufacturing unit in Sparks, Nevada, that some set-rate hourly employees there will see pay out will increase close to 10% commencing in early […]
Read More
Leading EVs are dropping tax credits following yr as U.S. boots China from offer chain–these shares are uncovered
Electric powered auto desire could acquire a hit following 12 months with a number of types anticipated to lose essential tax credits as the U.S. moves to reduce China out of its battery provide chain, in accordance to leading analysts. The Treasury and Energy Departments earlier this thirty day period laid out options to end […]
Read More
Ford cuts planned 2024 production of electric F-150 Lightning in half
Ford workers produce the electric F-150 Lightning pickup at the automaker’s Ford Rouge Electric Vehicle Center on Dec. 13, 2022. Michael Wayland | CNBC DETROIT — Ford Motor will cut planned production of its all-electric F-150 Lightning pickup roughly in half next year, marking a major reversal after the automaker significantly increased plant capacity for […]
Read MoreUAW files unfair labor practice charges against Hyundai, Honda and VW, accusing them of union busting
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers has filed unfair labor practice charges with the National Labor Relations Board against Honda Motor, Hyundai Motor and Volkswagen, accusing the automakers of unlawfully interfering […]
Read More
Why automakers are turning to hybrids in the middle of the industry's EV transition
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties […]
Read More
Tesla established to expose Cybertruck facts at Austin deliveries event
The Tesla Cybertruck all through a tour of the Elkhorn Battery energy storage program in Moss Landing, California, on June 6, 2022. Nik Coury | Bloomberg | Getty Images Electric automobile maker Tesla is set to reveal details about its new and unconventional Cybertruck pickup on Thursday, a person working day soon after CEO Elon […]
Read More
Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
NEW YORK – Ford Motor on Thursday reinstated 2023 guidance after pulling its forecast last month due to the impacts of labor strikes and negotiations with the United Auto Workers union. The guidance calls for $10 billion to $10.5 billion in adjusted earnings before interest and taxes, or EBIT, and adjusted free cash flow of […]
Read More