Ford is discontinuing a controversial program that required dealers to invest between $500,000 and $1 million to sell electric vehicles (EVs). First introduced in September 2022, the program mandated ...
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Farley admits Ford blew it on the F-150 Lightning
Ford CEO Jim Farley has suggested the company misjudged key parts of its F-150 Lightning strategy, comments that come as Ford disclosed roughly $19.5 billion in expected pre-tax charges tied to EV ...
Ford Motor F raised its 2025 adjusted EBIT guidance to about $7.0 billion on Dec. 15 and announced $19.5 billion of EV restructuring charges related to canceling three planned EVs (full-size pickup ...
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