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The EV market has growing pains, here and abroad

Nov 21, 2024
Ford is cutting 4,000 jobs in its European workforce, noting that the industry shift to electric vehicles has been “highly disruptive.”
"We need to have lower-cost vehicles" in the EV market, says Tallis Blalack, an electrified roadways consultant.
Scott Olson/Getty Images

Ford renews a Detroit train depot in hopes of anchoring a new tech hub

Jun 3, 2024
Ford reportedly invested nearly $1 billion into the once derelict Michigan Central Station, which officially reopens this week.
A view of the newly renovated Michigan Central Station, following nearly $1 billion in investment.
Stephen McGee/Michigan Central

The key to growing EV adoption is cars with lower sticker prices. They may be on their way.

Mar 22, 2024
A Chinese automaker has announced a model for less than $10,000. And Ford says it's committed to a $25,000 electric.
“The problem with the market at the moment is that there’s a void of vehicles priced below $35,000. And there are plenty of buyers who want them,” says Sam Fiorani with AutoForecast Solutions.
Fabrice Coffrini/AFP via Getty Images

How recalls can affect a company's bottom line — and future sales

Feb 28, 2024
A recent Toyota recall affects more than 280,000 vehicles. But not all recalls are created equal in terms of how they color a company's brand and long-term customer loyalty.
More than 280,000 Toyota SUVs and pickup trucks were recalled over a software issue. But care recalls are actually pretty common.

The chip shortage is idling Ford plants – and Ford autoworkers

Jul 1, 2021
The automotive business has its ups and downs, but union contracts protect workers from big pay cuts.
A Ford worker at an F-150 truck plant in Michigan.
Bill Pugliano/Getty Images

Companies moving to hybrid workplaces will face new challenges

Apr 15, 2021
Big companies like Ford, Target and Microsoft plan to have some workers on-site, some remote. Those on-site may gain advantage, experts say.
Big companies moving toward a hybrid workplace model, like Microsoft, should ensure  that their in-person and off-site employees are treated equitably.
Jeenah Moon/Getty Images

Ford is latest automaker to cut production due to microchip shortage

Jan 11, 2021
When the pandemic first hit last spring, auto plants shut down and carmakers curbed semiconductor orders.
The Ford factory in Louisville, Kentucky, in 2017. The plant recently had to shut down due to a shortage of semiconductors.
Bill Pugliano/Getty Images

For public good, not for profit.

Ford records $2 billion first-quarter loss from shutdown

Apr 29, 2020
The auto manufacturer says its global operations hit the "off" switch, and anticipates higher losses in the second quarter.
A Ford worker at an F-150 truck plant in Michigan.
Bill Pugliano/Getty Images

Automakers roll out incentives to woo uncertain consumers

Mar 24, 2020
Offers include seven-year interest-free loans and no payments for six months.
Automakers are offering deals, like six months of payment deferral, to entice people to buy during the global COVID-19 pandemic.
Carl Court/Getty Images

Tesla's Cybertruck tries to make a dent in a tough market

Nov 28, 2019
Detroit dominates U.S. pickup truck sales. Traditionally it's been hard for newcomers to break in.
Tesla CEO Elon Musk unveils the all-electric battery-powered Tesla Cybertruck.
Frederic J. Brown/AFP via Getty Images