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Why Ford is focused on electric vehicles
... growth through electric vehicles. One executive is laying out the case for how important the transition is for the future of the company. What Happened: Ford has launched several electric vehicle models, including new take on its classic Mustang and F-150 brands. According to Bob Holycross , the company's vice president of sustainability said that the company's brand strategy could get a boost from the shift to electric vehicles. Holycross said electric vehicles will revive the company, according ...
Updated: 09/06/2022
Jay Leno’s electric shift sparks Tesla electric debate
Comedian and car collector extraordinaire Jay Leno hasn't seen a four-wheeler or even two-wheelers he doesn't like. Comedian and car collector extraordinaire Jay Leno hasn't seen a four-wheeler or even two-wheeler he doesn't like. He has a collection of over 200 cars and bikes in his garage outside of Los Angeles as proof, but has shown interest in electric vehicles EVs that were partially sparked by Tesla TSLA CEO Elon Musk in recent years. He should get a certain amount of credit for leading...
Updated: 09/04/2022
How to buy the Ford Mustang Mach-E from August 30
... ADAS services through Ford Power-Up software updates. We're sharing these changes ahead of re-opening order banks on Tuesday so customers can understand the feature and pricing adjustments around ordering a Mustang Mach-E. Ford raised prices on the F-150 Lightning electric pickup earlier in August, citing increased materials and supply chain costs. Through August, Ford sold 22,645 Mustang Mach-Es . The Mexican-built SUV is one of the few electric vehicles that qualify for the $7,500 federal tax ...
Updated: 08/25/2022
Ford plans to lay off 8,000 employees as it looks to EV push
In July, Newsweek reported that Ford is planning to lay off 8,000 employees as part of its push to focus on manufacturing electric vehicles EVs. In July, Newsweek reported that Ford is planning to lay off 8,000 employees as part of its push to focus on manufacturing electric vehicles EVs . The number represents about one-fourth of its total workforce. The Michigan-headquartered auto giant was hoping to reduce $3 billion in operational costs by 2026 to help fund EVs , according to the report...
Updated: 08/22/2022
Investors swarm Ford's $1.75 billion green bond deal
... America. Ford said in a public filing Tuesday that the bond financing will help fund clean-transportation projects, including the design, development and manufacturing of electric vehicles in North America. This includes the next generation electric F-150 pickups, future Lincoln vehicles and other vehicles that have yet to be announced. Its 10-year class of green bonds, rated by Moody s Investors Service and BB by S&P Global , fetched 6.1%, according to Informa . CreditSights said initial talk ...
Updated: 08/16/2022
Joe Biden's greenies don't fool anyone
... the government scorekeepers, and the CBO and Joint Tax Committee, which show that not only is there no inflation reduction, but the bulk of the tax hikes and the IRS army will fall on middle and lower-income taxpayers. Ford just sank its price for the F-150 Lightning Pro by $7,000, but none of them will be available because the lithium, nickel and other commodities necessary for the batteries are all made in China. Since the greenies won't let America mine for its own natural resources, we're going ...
Updated: 08/16/2022
GM, Ford back off EV price hikes after conservative reports
... its electric F 150 Lightning Pro and traditional gas-powered F 150. In an email, Ford spokesperson Martin G nsberg told FOX Business that MSRP was recently adjusted for both the EV and ICE F 150 models. In May of 2021 -- 15 months ago, we announced F-150 Lightning Pricing and since then inflation and commodity costs have continued to increase, leading to this recent adjustment for the next model year. President Biden signed the Inflation Reduction Act into law on Tuesday and voted on the EV tax ...
Updated: 08/16/2022
F-150 Lightning price hikes may not affect customers
Ford F opened the order banks for the next wave of F-150 Lightning reservation holders today, though fans of the electric pickup may be in for a bit of sticker shock. Ford F opened the order banks for the next wave of F-150 Lightning reservation holders today, though fans of the electric pickup may ...
Updated: 08/09/2022
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