GM, Ford face investor scrutiny over pricing power, EV losses
General Motors (GM) and Ford Motor are set to release their third-quarter results, with GM reporting on October 22…
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Ford
S. Africa weighs tax rebates, subsidies to boost EV adoption
South Africa is exploring tax rebates and subsidies to encourage electric vehicle (EV) adoption, President Cyril…
Xiaomi’s stocks soars after launching 1st EV
Xiaomi's stock surged 16 per cent on Tuesday after the launch of its new electric vehicle, despite forecasts of…
Ford recalls 125k vehicles for engines catching fire
Ford Motor has recalled 125,000 sport utility vehicles and trucks for having engine failures that can cause a fire,…
Ford Motor to lose $3bln from EV sales this year
Ford Motor said it will lose $3 billion on its sales of electric vehicles (EV) to consumers this year, but it still…
Ford announces $1bln increase in supply chain costs during third-quarter
U.S. automaker Ford Motor announced on Monday that the high inflation and a lack of component supplies have led to…
Ford announces Mustang Mach-E, price starting at around $44,000
Ford Motor unveiled its 2021 Mach-E Sunday night in in Los Angeles. It is the first vehicle based on the company’s…
Ford to lay off around 200 employees at Canadian plant
Ford Motor Co will lay off about approximately 200 employees in September at a Canadian manufacturing plant in…
Trump’s tariffs cost Ford $1 billion in profit, hurt its sales in China
U.S. President Donald Trump's tariffs on China are hitting Ford's finances hard.
Ford to offer incentives to scrap older cars
Ford is offering car buyers in Britain a 2,000-pound ($2,570) incentive to trade in older vehicles for newer, less…
