Ford CEO calls electric vehicle market price cuts 'a worrying trend'
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Ford (F) recalls over 230,000 Ranger vehicles to fix mistakes made in previous recall
May 5, 2023 2:04 PM EDTThe National Highway Traffic Safety Administration (NHTSA) and Ford Motor Co. (NYSE: F) are recalling certain 2004 to 2006 Ranger vehicles because replacement front passenger air bag inflators may have been installed incorrectly.
The vehicles had received replacement front passenger air bag inflators... More
UAW holds off on endorsing Biden for 2nd term citing EV policies
May 3, 2023 3:22 PM EDTUnited Auto Workers (UAW) President Shawn Fain said in a letter to members seen by Reuters Wednesday that the Detroit-based union has yet to endorse President Joe Biden for a second term, citing concerns about electric vehicle policies.
"The federal government is pouring billions into the electric vehicle transition, with no strings attached and no commitment to workers. The EV transition is at serious risk of becoming a race to the bottom. We want to see national leadership have our back on this before we make any commitments," Fain... More
Ford (F) CEO says EV price cuts are 'a worrying trend'
May 3, 2023 3:07 PM EDTFord (NYSE: F) CEO, Jim Farley told a Wall Street Journal forum on Wednesday that price cuts in the electric vehicle market "is a worrying trend".
Rival EV automaker Tesla (NASDAQ: TSLA) incited what others are... More
