Ford Motor

Rivian RIVN 10.42% Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for waiting customers. Rivian’s second-quarter production figures, released Wednesday morning in a regulatory filing, are a sharp increase over the 2,553 vehicles it manufactured in the first three months of 2022. The company also…

Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it improved truck and SUV deliveries and benefited from the rollout of a new all-electric pickup.Overall, U.S. auto-industry sales in June were down 11%, according to Ford, reflecting continuing difficulties replenishing dealership lots and sky-high prices that are pushing some buyers out of the car market. Ford Motorreported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it improved…

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The auto maker has a waiting list of 77,000 prospective buyers, but is making about 12 a day—trailing the pace of similar offerings from Ford and Rivian. The auto maker has a waiting list of 77,000 prospective buyers, but is making about 12 a day—trailing the pace of similar offerings from Ford and Rivian. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Ford Motor Co. is preparing new rules for how it sells electric vehicles, a shift that is concerning some dealers and seen as challenging the traditional franchise model.Executives from the Detroit giant have alluded to such changes for months, highlighting a future with less inventory on the dealer lot, more online transacting, no-haggle pricing and an increased focus on dealerships as service and repair centers. Ford plans to release its new EV-selling rules in September. FordMotor Co. is preparing new rules for how…

Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices. Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All…

Stuart Rowley, head of Ford of Europe, said the shift to electric cars would result in a significant reduction of the company’s workforce both at the Spanish plant in Valencia and at the German plant that was in the running to build the next EV model. The decision marks a milestone in Ford’s efforts to reorient its business in the region as European electric-vehicle sales continue to grow rapidly. The shift is being accelerated by high prices at the pump and stricter regulation of tailpipe…

Ten miles away at Ford F -0.18% Motor Co.’s headquarters, executives were plotting a pre-emptive public-relations strike, said people familiar with the plan. The day before Ms. Barra’s presentation in January, Ford said it would double factory capacity for its F-150 Lightning electric truck, citing overwhelming demand. Ford shares surged 12% that day. Within days, in private meetings with investors, Ms. Barra was facing questions about why Ford’s truck…

The auto industry’s top safety regulator said Wednesday that it had received reports of nearly 400 recent crashes in which advanced driver-assistance features were engaged during or immediately before the incident. More than two-thirds of those crashes happened in a Tesla vehicle, it said. Tesla was among the first in the auto industry to roll out its driver-assistance features at scale, offering them on vehicles built as far back as late 2014. The National Highway Traffic Safety…

The chief financial officers for two of the U.S.’s largest car companies— General Motors Co. GM 2.95% and Ford F 0.57% Motor Co.—say consumer demand remains strong, but they are watching for signs of a U.S. recession.At a Deutsche Bank conference Wednesday, Ford CFO John Lawler said an economic downturn is a possibility and that the auto maker was trying to…