Ford’s electric vehicle unit is reporting huge losses and now, federal regulators have launched an investigation into the ...
Ford ’s 2024 Q1 results announced last week are pretty telling about the state of the electric vehicle market, especially in ...
Just days after closing a Tesla investigation, federal safety regulators are now looking into Ford's driver-assistance system ...
Through the first three months of 2024, Ford sold 9,589 Mach-Es ... the increase in Mach-E sales didn’t really start until late February when it announced price cuts of up to $8,100 on leftover ...
Ford Mustang Mach-E (Source: Ford) Nearly a month after the price cuts took effect, Mach-E tripled its vehicle-movement share in the EV market, hitting 13.3% from 5.2%. Cloud Theory highlights ...
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10 ...
The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said ...
Since Ford Motor Co F slashed Mustang Mach-E electric SUV prices in February ... in the marketplace,” the firm said. The price cuts in February ranged between $3,100 and $8,100 for ...
Ford on Tuesday confirmed lasting price cuts on the Mustang Mach-E lineup, along with 20% faster road-trip charging and a boost in range in some cases. The automaker has also substituted in a ...
Ford has removed $5,000 in cost from the Mustang Mach-E crossover, but it's not enough to offset the revenue drop due to ...
Ford made pricing cuts to the Mach-E in order to overcome slow sales. The plan worked, nearly tripling sales last month. High EV pricing leaves many people unable to afford making the switch to ...
And its revenue plunged 84% to about $100 million, which Ford attributed mostly to price cuts for EVs across the ... $5,000 in cost on each Mustang Mach-E, “revenue is dropping faster than ...