Ford Motor Co

EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%
Business

EVs, big SUVs drive Ford Q3 U.S. sales up 8.2%

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Sales of electric vehicles and large SUVs drove Ford Motor‘s third-quarter sales up by 8.2%, the Detroit automaker reported Wednesday. Ford said sales of all-electric vehicles increased by 30.2% during the […]

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Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Business

Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns

Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he […]

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Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays
Business

Peloton revamps equipment, launches commercial unit and raises prices ahead of holidays

The entrance to the Peloton offices in Midtown Manhattan. Erik Mcgregor | Lightrocket | Getty Images Peloton on Wednesday said it’s relaunching its product assortment, introducing a commercial equipment line and raising prices for both subscriptions and hardware as the company looks to reignite growth ahead of the holiday shopping season.  The revamped assortment includes […]

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Ford CEO expects EV sales to be cut in half after end of tax credits
Business

Ford CEO expects EV sales to be cut in half after end of tax credits

James Farley, CEO, Ford speaks onstage during the Reindustrialize Conference 2025 on July 16, 2025 in Detroit, Michigan. Tasos Katopodis | Getty Images DETROIT – Ford Motor CEO Jim Farley said he expects demand for all-electric vehicles to be slashed in half next month following the end of federal tax incentives on Wednesday. Farley on […]

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What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out
Business

What’s the ‘natural demand’ for EVs in the U.S.? We’re about to find out

A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in North America at Alameda Point in Alameda, California, United States on Aug. 23, 2025. Tayfun Coskun | Anadolu | Getty Images DETROIT — Automakers and investors are about to find out what the “natural demand” […]

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New car sales get surprising boost, for now, as consumers fear tariffs and higher prices
Business

New car sales get surprising boost, for now, as consumers fear tariffs and higher prices

GMC SUVs parked outside a GMC Buick dealership in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto | Getty Images DETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry […]

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Ford offers special financing to riskier F-150 buyers with lower credit scores
Business

Ford offers special financing to riskier F-150 buyers with lower credit scores

Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas.  Brandon Bell | Getty Images DETROIT — Ford Motor is trying to boost sales of its crucial F-150 pickup truck before the end of the third quarter by offering special financing to consumers with less-than-perfect credit ratings. The […]

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Ford announces  billion investment in Louisville assembly plant aimed at cheap EVs
Business

Ford announces $2 billion investment in Louisville assembly plant aimed at cheap EVs

An aerial view as a Ford sign stands on the sales lot of the Metro Ford dealership on May 06, 2025 in Miami, Florida. Joe Raedle | Getty Images Ford on Monday announced it would invest $2 billion in a Louisville, Kentucky, assembly plant aimed at rolling out more affordable electric vehicles. The investment comes […]

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Here’s what U.S. automakers are saying about Trump’s changing EV policies
Business

Here’s what U.S. automakers are saying about Trump’s changing EV policies

Tesla electric vehicles at a charging station in Alhambra, California on March 11, 2025.  Frederic J. Brown | AFP | Getty Images On President Donald Trump’s first day in office, he signed an executive order aiming to eliminate the “electric vehicle mandate” and remove subsidies that favor EVs. Since then, his administration has taken steps […]

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Why Black entrepreneurs flock to Martha’s Vineyard every August
Business

Why Black entrepreneurs flock to Martha’s Vineyard every August

Sign at Martha’s Vineyard Airport, Massachusetts Cindygoff | Istock | Getty Images Martha’s Vineyard has long been a summer vacation destination for Black families, but August in the Massachusetts beach community is becoming an important hub for Black entrepreneurs, investors and financial firms, too. “I would say the magic of it is really about introducing […]

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