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The Latest Breaking News from Jim Farley

GM's Electric Future Looks Bright. Ford On the Other Hand…

Update: The original version of this story noted that Ford is no longer the second-largest EV manufacturer in the US. Ford, as a brand, remains the second-largest EV producer in the US. Only the larger General Motors company (which includes brands like Cadilac, Chevrolet, and Hummer) produces more EVs. The…

Motor1

Ford To Pause F-150 Lightning Production, Reduce Manager Bonuses Amid Cost Cuts

Earlier this week, Ford announced third-quarter net income of $900 million, or 22 cents per share, which included a $1 billion charge related to the cancellation of a planned three-row electric SUV.

International Business Times

Ford F-150 Lightning Production Hits A Speed Bump

The Ford F-150 Lightning was supposed to be the Blue Oval's big EV win. I mean, you take the best-selling vehicle in the U.S., convert it to electric, and unleash it on the masses. Surely that's a recipe for success, right? And in many ways, it has been—just with sales,…

InsideEVs

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Ford's Goal For 'Game-Changer' Electric Truck: Match China's EVs

Even though Ford’s F-150 Lightning sales more than doubled in the third quarter of 2024 and even went up 86% year-over-year, the Blue Oval’s EV division is still many billions in the red, according to the recently released Q3 earnings report. While the company’s EVs are doing better (especially the…

InsideEVs

Ford Is Now Waging A War On Two Fronts

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

InsideEVs

Ford’s CEO has been driving the competition’s EV for months—and doesn’t want to stop

Jim Farley previously said Chinese EVs are Ford’s biggest competitors.

Fortune

Ford's CEO Doesn't Want To Stop Driving China's Apple Car

Ford CEO Jim Farley has been driving an imported Xiaomi SU7 for months. He says it's fantastic, and he doesn't want to give up the Chinese EV.

InsideEVs

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'I Don't Want to Give It Up.' Ford CEO Jim Farley Loves His Chinese EV

Farley had a Xiaomi SU7 imported from Shanghai, and he's been driving it for months. He loves it.

Motor1

Why is Ford Stock Trading So Low, and is Tesla to Blame?

Despite being listed for almost seven decades, Ford shares trade at just above $10. The stock is also quite cheap, with a mid-single digits PE multiple. Here's why Ford stock is trading at such depressed levels, and what's to blame - besides Tesla - for the legacy automaker's woes.

Barchart

Ford Offers Free Chargers, Installation To Lure More Customers Into Buying EVs

The deal, which starts Tuesday and runs through Jan. 2, comes as the automaker faces a $5 billion loss on its electric vehicle unit this year.

International Business Times

Ford Wants to Stop Making 'Boring' Cars

The company's CEO says it's not worth investing in the Fiesta and Focus.

Motor1

Ford Calls Chinese Car Companies an 'Existential Threat'

The Blue Oval admits that "these guys are ahead of us."

Motor1

'Existential Threat': How China Forced Ford To Get Serious On EVs

Ford's recent decision to push back new EVs is seen as a retreat. But maybe it's a regrouping and reloading instead. Can it work in time?

InsideEVs

UAW's rift with Stellantis raises fear that some US auto jobs could vanish

U.S. autoworkers warn that a dispute between their union and Stellantis over delays in reopening a shuttered factory in Belvidere, Illinois, is much bigger than that one plant

The Independent UK

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International Business Times

Ford Sends Memo To Workers About Scaling Back DEI Programs

The automaker is among a number of companies taking a step back amid pressure from conservative groups.

Fortune

Ford is the latest in a series of companies to scale back DEI efforts under pressure from Robby Starbuck

Ford CEO Jim Farley cites evolving political and social beliefs in a memo ending diversity quotas.

Barchart

1 Dividend Stock Yielding Over 5% to Buy Before the September Rate Cut

With the Fed expected to cut rates at the September meeting, Ford looks like a good stock to buy with its over 5% dividend yield.

InsideEVs

This Was Not A Great Week For 'Legacy' Auto—With Two Exceptions

We game out what strategy shifts, software team cuts and lackluster products mean for Ford, General Motors, Volkswagen and more.

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InsideEVs

Ford's 'Skunkworks' EV Truck Will Be Midsize, Not Compact

Ford announced lots of EV and hybrid news today. Among them: its secretive California-based truck project may be bigger than expected.

The Guardian - UK

Ford writes off $1.9bn as it cancels plans for all-electric large SUV in US

Carmaker opts to produce hybrid version due to profitability concerns, citing pressure from Chinese EV competition

InsideEVs

GM Thinks It Can Make 'Big Battery' EVs Work. Ford Isn't So Sure

As Ford gets gunshy about huge EV batteries, GM sees a different path. Which approach will define the future of large EVs?

InsideEVs

Why No One Wants To Sell You A $25,000 EV

Car companies are hooked on high-margin, expensive products. Analysts says they’re not going back to selling high-volume, cheaper products.

Motor1

Ford Reportedly Planning Sedan, Off-Road Versions of the Mustang

The Dearborn automaker thinks that a low-slung Mustang four-door and an all-wheel-drive Safari-esque Mustang could sell.

InsideEVs

The Future Electric Vehicles We're Most Excited About

From the Rivian R3 to the Ram Ramcharger, these are the upcoming EVs that InsideEVs staffers are pumped to see hit the road.

InsideEVs

Why Mercedes Is Copying BMW's Homework On Future EVs

In a pivot amid slowing EV sales, Mercedes will adopt BMW's "little bit of everything" plan for future ICE cars and hybrids too.

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