Ford has announced that its electric vehicles can now charge at Tesla’s superchargers, thanks to a new adapter that it is offering to its customers for free until June 30. The adapter, which works with Ford’s Mustang Mach-E and F-150 Lightning models, allows Ford drivers to access more than 12,000...
Ford and UAW Avert Strike with Tentative Agreement on 25% Raises
Ford and the United Auto Workers (UAW) union have reached a tentative agreement that would end a 41-day strike that affected the automaker’s U.S. operations. The agreement, which still needs to be ratified by the union’s 57,000 members, would give workers immediate 11% raises and a total of 25% raises...
Ford CEO urges investors to focus on Ford Pro, not Tesla FSD
Ford Motor Company’s CEO Jim Farley has a message for Wall Street: stop obsessing over Tesla’s Full Self-Driving (FSD) technology and pay attention to Ford’s lucrative Pro business unit. Farley made these remarks at a Wolfe Research conference on Thursday, where he highlighted the potential and profitability of Ford Pro,...
Ford Aims High for 2024 with New Financial Goals and EV Strategy
Ford has announced its financial targets for 2024, as well as its revised plans for the electric vehicle market. The automaker expects to increase its revenue, profit margin, and cash flow, while also adjusting its EV investments and production targets. Ford’s Financial Targets for 2024 Ford has set ambitious financial...