Ford Motor names Whirlpool exec as new supply chain chief

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Ford (F) on track to reach production goal of 150K F-150 Lightning trucks

June 8, 2023 2:56 PM EDT

Ford Motor Co. revealed Thursday that the Dearborn automaker is on track to reach its 150,000-unit production goal on the electric F-150 Lightning this year. Adding that the company is also giving the largest production increase to the XLT trim that customers have been waiting for.

"Customer interest for XLT has considerably outstripped supply since the F-150 Lightning launch and weve worked with our suppliers to help address that, said Marin Gjaja, Ford Model e chief customer officer, in a statement. We heard... More

Volvo launches EX30 electric SUV

June 7, 2023 2:33 PM EDT

Swedish luxury automaker, Volvo launched their new fully-electric EX30 SUV on Wednesday with two battery options and a starting price of around 36,000 euros ($38,500). The EX30 is Volvos smallest SUV to date and follows the unveiling of the larger electric EX90 in November.

"It's a small SUV doing Volvo things," CEO Jim Rowan said during the car's launch event in Milan,... More

EPA to scrap proposed EV volumes from biofuel blending rule

June 6, 2023 2:38 PM EDT

Reuters reports today, citing three unnamed sources familiar with the matter that the Biden administration is planning to discard a proposal to include the electric vehicle industry into the U.S. biofuel blending program. Additionally, the administration intends to retract tradable credits worth potentially billions of dollars that were associated with this initiative.

It was first reported in early May that the Environmental Protection Agency (EPA) was considering delaying the EV program over concerns the plan could trigger lawsuits. The... More

Ford (F) names Whirlpool's (WHR) Liz Door as new supply chain chief

June 6, 2023 2:10 PM EDT

Ford Motor (NYSE: F) on Tuesday announced the appointment of Liz Door from Whirlpool Corp (NYSE: WHR) as its new chief supply chain officer, effective June 12. This decision comes as Ford anticipates a challenging 2023 due to chip shortages, supply... More