Prices too high, automakers too slow cutting them from the pandemic spike. Stellantis sales plunged 20%, a fiasco. By Wolf Richter for WOLF STREET. Total new vehicle sales in Q3 – retail and fleet deliveries by dealers and […]
Daily Standup Top Stories Electric Vehicle Sales Are Stumbling. Here’s Why September 29, 2024 Stu Turley With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net […]
With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, […]
By Wolf Richter for WOLF STREET. The thing about Ford pickup trucks is that they used to be the #1 bestseller of all models in the US much of the time. Other full-size trucks were near the top […]
Though it seems like a very new technology, the American auto market is acclimating to fully electric vehicles. According to data from Kelley Blue Book and Cox Automotive, over 330,463 EVs were sold in the second […]
Ford cancels its planned electric SUV and delays its electric pickup truck launch due to pricing pressures and increased competition. The company will take $1.9 billion in charges and write-downs as a result of the […]
Carmaker cancels fully electric three-row utility vehicle Spending on EVs will drop to about 30% of capex, from 40% Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport […]
Weekly Daily Standup Top Stories Ford scraps plans for $1.8-billion Oakville EV assembly plant, will retool to make gasoline pickups July 21, 2024 Stu Turley New plan comes after Ford postponed EV plant launch to 2027; […]
Daily Standup Top Stories Global Tech Outage Wreaks Havoc July 20, 2024 Mariel Alumit The disruption underscores just how reliant much of the world is on key software providers. Digital Disruption International air travel, financial services, […]
New plan comes after Ford postponed EV plant launch to 2027; those EVs will now be made elsewhere, while Oakville may get an electric pickup later in the decade Ford Motor Co. announced today it […]
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