Latest News Updates From Keith Naughton

BusinessTechnologyEquipmentFuel

Ford Electric F-150 Sales Drop 46% as Deliveries Delayed

Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€

October 4, 2023
GovernmentBusinessEquipment

Ford Pauses Construction of Michigan Battery Plant

Ford Motor Co. is halting construction of a $3.5 billion battery plant in Michigan that drew scrutiny from Republican lawmakers for its ties to a Chinese battery maker.

September 25, 2023
GovernmentBusiness

Used Car Prices Fall Most Since Pre-Pandemic

Used car prices in the U.S. fell 4.2% in June, their biggest monthly drop since the early days of the pandemic, as a key measure of inflation eases.

July 10, 2023
BusinessTechnologyFuel

EV Auto Sales Growth Slows

Electric vehicle sales growth, while still brisk, has begun to slow in the U.S. as inventory of battery-powered models piles up on dealer lots.

July 6, 2023
BusinessTechnologyEquipmentFuel

Why Ford Chose Tesla for EV Partnership: It’s the Plug

Hours before Tesla Inc. and Ford Motor Co. announced their surprise charging partnership, Ford’s chief executive officer offered his take as to why the U.S. has been so slow to adopt electric vehicles.

May 30, 2023
BusinessTechnologyEquipment

Ford CEO Sticks to ‘Crazy High’ EV Goal

Ford Motor Co. CEO Jim Farley is sticking with a goal for the company’s money-losing electric vehicle unit to be churning out 2 million models annually in a few years.

May 19, 2023
BusinessTechnology

Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook

Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.

May 3, 2023
BusinessTechnologyEquipmentFuel

Ford: Tennessee EV Plant Could Make 500,000 Trucks a Year

Ford Motor Co. projects its electric F-Series pickup factory under construction in Tennessee will ultimately produce half a million trucks a year, about 40% more than the company forecast in November.

March 24, 2023
BusinessTechnologyEquipment

Ford Extends Shutdown of Electric F-150 Plant

Ford Motor Co. is extending the shutdown of its F-150 Lightning pickup plant for a fourth week as it works to resolve a problem that caused a battery fire in one of the electric trucks.

February 24, 2023