Ford Motor reported a 10.3% decline in U.S. new vehicle sales for the second quarter, selling 549,200 vehicles compared to 612,095 a year earlier. The automaker faced a 40.7% drop in pure electric vehicle sales and an 11% decline in F-Series truck sales due to supplier disruptions from aluminum supply shortages caused by fires last year. Ford expects supply to improve in the second half of the year as production ramps up. Despite the declines, Ford's sales slightly outperformed expectations, which forecast an 11.5% drop.
Ford CEO Jim Farley called for a more balanced USMCA trade deal that rewards automakers producing mostly in the U.S. and penalizes those relying heavily on imports. Ford assembled over 2 million vehicles domestically in 2025, more than any other auto...
Honda has begun producing batteries for energy storage systems after canceling its U.S. EV programs due to weak demand and the end of tax credits. The batteries, initially meant for electric vehicles, will now serve data centers and grid storage, tap...
The US automotive industry is entering a phase of uncertainty as the USMCA trade agreement between the US, Mexico, and Canada is unlikely to be extended by the deadline, triggering a review process or possible expiration by 2036. The deal, which gove...
Several companies including Ford, Commonwealth Bank of Australia (CBA), and IBM are rehiring human employees after realizing AI systems alone couldn't handle all tasks effectively. Ford brought back hundreds of engineers to address quality issues tha...
Ford is recalling over 741,000 vehicles in the U.S. due to a transmission defect that can damage the parking system, increasing the risk of the vehicle rolling away. The recall covers certain 2018-2021 Ford Expedition and Lincoln Navigator SUVs, 2020...
