Breana Noble

The Dearborn automaker has emphasized its need to reduce costs across its business to be competitive.

The all-electric truck previously had been expected to launch in the fourth quarter of 2024.

Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and the president-elect.

The three-year consent order includes a civil penalty of up to $165 million, which is shy only of the Takata air bag consent order.

Starting Oct. 1, EV buyers through the rest of the year could get a complimentary home charger and its standard installation free.

October 2023 sales were subdued from the United Auto Workers' strike.

Peter Stern will be with Ford for several more weeks, and Mike Amend, chief enterprise technology officer, will replace him for the interim.

U.S. Lightning sales are up 86% year-over-year, but the automaker loses money on the truck that starts at $62,995.

EV charges cut Ford profits in Q3 amid revenue gain

The facility in Fort Wayne produces full-size Chevy Silverado and GMC Sierra pickups.