Ford Motor Co

Rivian, Lucid at New Lows as Ford Price Cut Fans EV Concerns

Business
Jessica Roberts

(Bloomberg) — Shares of electric vehicle startups Rivian Automotive Inc. and Lucid Group Inc. closed at all-time lows Thursday after Ford Motor ...

Michigan Central Station announces reopening date, more than 30 years after closing

U.S.
Amanda Smith

After attracting the curious eyes of Detroiters with a mysterious date projected across Michigan Central Station, we’ve decoded the message. The much-anticipated ...

Companies make 2024 the year of cost cuts

Business
Jessica Roberts

Mathisworks | Digitalvision Vectors | Getty Images Department store retailer Macy’s said it will close five of its namesake department stores and ...

CMG, SNAP, F, WBD and more

Business
Jessica Roberts

Check out the companies making headlines in extended trading. Mercury Systems — Shares of the technology company fell nearly 12% after missing ...

What Does This Mean For The Future Of Ford And Legacy Automakers?

Business
Jessica Roberts

After achieving record sales in the electric vehicle (EV) segment, Ford Motor Co. has taken a step back, scaling down its EV ...

Tesla to raise employee pay: Bloomberg

Business
Jessica Roberts

Tesla Inc. has told employees at its California car plant that it plans to boost wages across its U.S. factories in what ...

2.5 Million New Cars Are Just Sitting On Dealer Lots

Business
Jessica Roberts

Good morning! It’s Monday, December 11, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from ...

During strike talks, Biden worked to build ties to the UAW’s leader. They have yet to fully pay off

Business
Jessica Roberts

WASHINGTON (AP) — President Joe Biden called the head of the United Auto Workers union to congratulate him this past week on ...

Stellantis, union negotiators agree to terms of a deal

Business
Jessica Roberts

United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Mich. after the union called a strike at the ...

Ford stock plunges 12% on news of wider EV losses

Business
Jessica Roberts

Ford Motor Co. shares closed down more than 12% Friday after the company withdrew its full-year forecast, citing “uncertainty” over its tentative ...