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Tag: Ford

Ford considers axing car feature that could save company millions per year

FOX Business’ Jeff Flock reports from the Celebrity Ford dealership in Toms River, where electric F-150s aren’t zipping away fast enough. Ford Motor Co. is considering eliminating automatic parallel parking in its vehicles in 2024 as part of a cost-cutting initiative, but says few customers would use it anyway. Chief Operating Officer Kumar Galhotra said […]

Ford hybrid sales jump in January as EVs slide

Phil Flynn and Tom Maoli discuss the Biden administration’s push to produce electric cars that consumers don’t want on “Evening Edit.” Ford Motor Co.’s electric vehicle sales were weak last month as consumer demand for EVs continued to decline, but total vehicle sales still rose, thanks in part to a surge in hybrid models. Ford […]

Ford reveals redesigned 2025 Explorer which features new digital experience

The Floor Show panelists Gabriela Santos and Andy Brenner react to the Federal Reserve’s decision to keep interest rates unchanged on Craman Countdown. ford motor company announced the new 2025 Ford Explorer on Thursday. This will be the first vehicle to feature Ford Digital Experience, a technology designed to improve customer connectivity. “From the beginning, […]

Ford plans to hire Chinese military software supplier for EV factory in US

Join Fox News for access to this content Plus, your free account gets unlimited access to thousands of articles, videos, and more. Please enter a valid email address. By entering your email address, you agree to the Fox News Terms of Use and Privacy Policy, including notice of financial incentives. Please check your email and […]

Ford Cuts Michigan Workforce for Electric Truck That Joe Biden Touted

Ford Motor Co. is implementing plans to scale back production of the F-150 Lightning, an all-electric pickup truck that President Joe Biden once touted. On Friday, Ford executives announced Approximately 1,400 automotive employees at the Rouge Electric Vehicle Center in Dearborn, Michigan, will be transferred to other company manufacturing operations or offered a retirement plan. […]

Ford cuts production on F-150 Lightning in half

Ford is cutting jobs to produce the electric F-150 Lightning and transferring workers to another production facility to make gasoline-powered vehicles. The announcement was originally made in December 2023, and the company fell well short of its plan to produce 150,000 electric trucks per year. Despite a 55% jump in EV truck sales, sales remained […]

Ford will slash production of electric pickup, citing weak demand

Ford is cutting production of its F-150 Lightning electric pickup truck due to weak demand. The automaker is cutting production of “America's best-selling electric pickup” to achieve the “optimal” balance of profitability, sales growth and production. The company announced on Friday. The move marks the latest cuts in the electric vehicle (EV) sector as customer […]

Ford to cut F-150 Lightning production, 1,400 jobs affected

Former White House OMB Director Russ Vought talks about the cost of Biden's environmental policies after Ford cut production of the F-150 Lightning EV in half on “Kabuto: Coast to Coast.” Ford announced Friday that it will cut production of the F-150 Lightning due to declining demand for electric pickup trucks. The company announced that […]