[ad_1] Ford Motor lost about $37,000 on each electric vehicle it sold last quarter. It doesn’t help that the company’s gas-engine business also costs more than it should—a difference from…
Tag: Ford Motor
Ford Swings to Profit, Withdraws Guidance Citing Impact of UAW Strike
[ad_1] Updated Oct. 26, 2023 4:47 pm ET Ford Motor posted $1.2 billion in net income in the third quarter, swinging from a loss in the prior-year period, but it…
WSJ News Exclusive | UAW, Ford Expected to Announce New Tentative Labor Deal
[ad_1] Updated Oct. 25, 2023 6:58 pm ET The United Auto Workers union is expected to announce a new tentative labor contract with Ford Motor on Wednesday night, after intense…
GM Posts Strong Third-Quarter Profit, Scraps EV Target
[ad_1] Updated Oct. 24, 2023 8:36 am ET General Motors is abandoning a self-imposed target for the number of electric vehicles it aims to produce through the middle of next…
WSJ News Exclusive | Ford Considers Cutting Shift at F-150 Lightning Pickup Plant, UAW Memo Says
[ad_1] Updated Oct. 14, 2023 11:22 am ET Ford Motor is considering cutting a work shift at the plant where it builds its electric F-150 Lightning pickup as demand for…
UAW Spares Carmakers Further Strikes, but Says More Could Come
[ad_1] Union president says the strike is entering a new phase and it needs a new approach. [ad_2] Source link
UAW Strikes Spare Automakers From Financial Pain—for Now
[ad_1] The union’s start-small approach has companies and workers guessing, without walkouts at most pivotal factories [ad_2] Source link