Ford Motor Co. executives on Wednesday provided greater insight into costs that are weighing on the Dearborn automaker’s financial results, with CEO Jim Farley saying “fundamental change” is needed, especially around how vehicles are engineered, sourced and built. Those costs add up to a $7 billion to $8 billion disadvantage for Ford compared with its… Continue reading After earnings miss, Ford execs discuss how to fix $7B-$8B cost disadvantage
Author: Detroit News Online
Ford to keep F-150 Lightning plant down through at least next week
Ford Motor Co. said Wednesday it will keep production of the F-150 Lightning down through at least the end of next week as it continues to probe a battery issue with the popular electric pickup. The update came a day after the Dearborn automaker confirmed it had halted production and stopped shipments of the vehicle… Continue reading Ford to keep F-150 Lightning plant down through at least next week
Corvette production to be down for a week
General Motors Co.’s Bowling Green Assembly Plant where the Chevrolet Corvette is manufactured will be down the week of Feb. 20 due to an unspecified temporary parts shortage not related to semiconductors, the automaker confirmed on Wednesday. Production is set to resume on Feb. 27. The Kentucky plant makes the Chevrolet Corvette Stingray and Corvette… Continue reading Corvette production to be down for a week
Cadillac to reveal three more EVs in 2023
Cadillac, in its bid to be all-electric by 2030, will reveal three new electric vehicles this year that should go into production in calendar year 2024, Cadillac Vice President Rory Harvey said during a Wednesday business update. General Motors Co.’s luxury brand didn’t provide details on what markets the EVs will be for or when… Continue reading Cadillac to reveal three more EVs in 2023
Tesla to open up a portion of its charging network to all EVs
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla to open up a portion of its charging network to all EVs
Ford halts production of F-150 plug-in pickup over battery problem
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Ford halts production of F-150 plug-in pickup over battery problem
Nissan recall: Air bag can knock steering wheel emblem loose
Detroit – Nissan is recalling more than 463,000 older vehicles because the emblem on the steering wheel can come loose when the air bag is deployed and injure drivers. The recall mainly in North America covers certain Frontier small pickups, Titan large pickups and Xterra, Pathfinder and Armada SUVs from 2008 through 2011. Also included… Continue reading Nissan recall: Air bag can knock steering wheel emblem loose
Hyundai, Kia update security after TikTok challenge thefts
Hyundai and Kia are rolling out software updates to stem a raft of auto thefts related to a TikTok challenge that authorities believe has led to at least 14 reported crashes and eight fatalities. The updates are free for millions of vehicles that are missing a key anti-theft device, an issue that was exploited on… Continue reading Hyundai, Kia update security after TikTok challenge thefts
Tesla workers in N.Y. launch union campaign, a possible first for EV leader
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla workers in N.Y. launch union campaign, a possible first for EV leader
EU lawmakers back deal to ban new combustion-engine cars by 2035
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading EU lawmakers back deal to ban new combustion-engine cars by 2035