Remove Affordable Remove Ford Remove General Motors Remove Production
article thumbnail

Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

A recent filing has revealed Ford CEO Jim Farley’s latest pay increase, with his total compensation increasing by as much as 26 percent in 2023. Securities and Exchange Commission (SEC) last week, Ford revealed that CEO Jim Farley’s total compensation in 2023 was nearly $26.5 In proxy statement filed with the U.S.

Ford 116
article thumbnail

Ford Has Paused F-150 Lightning Shipments

The Truth About Cars

Ford has stopped shipments of the 2024 F-150 Lightning, but not because there isn’t demand for the electric truck. The automaker said it stopped deliveries on February 9 to conduct quality inspections, but production is still rolling at the automaker’s Rouge Electric Vehicle Center. Image: Ford] Become a TTAC insider.

F-150 110
article thumbnail

Ford leverages EV production head start against rivals in latest ramp

Teslarati

Ford has announced a massive EV production ramp for this year, leveraging its head start compared to its traditional rivals. Now Ford has announced its newest EV production ram, hoping to ensure its lead remains as more competitors enter the market in the coming years.

Ford 89
article thumbnail

Ford shifts focus by racing Tesla to $25k compact EV: report

Teslarati

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning.

Ford 109
article thumbnail

Ford F150 Lightning takes home trophy ahead of production upgrade

Teslarati

The Ford F150 Lightning has been awarded Edmunds’ “Top Rated Electric Truck of 2023” award ahead of a massive production upgrade planned for this year. At the same time, Ford’s gas F150 was also rated the top truck of 2023. Ford sees what is on the horizon; competition.

Ford 98
article thumbnail

Rivian lays off workforce for the second time in 2024

Teslarati

Ford postpones EV launches to focus on hybrid production Multiple car companies have mentioned a slowdown in EV demand and are considering hybrid production. Ford, General Motors, and Hyundai are a few automakers considering hybrid production in the United States.

article thumbnail

Ford delays electric three-row SUV with new EV pickup arriving in 2026

Baua Electric

Ford electric Explorer SUV (Source: Ford) After EV sales picked up in the first quarter, Ford is scaling back as it delays plans to launch its new three-row electric SUV. Ford is pushing back EV production at its Oakville, Ontario, plant as it shifts to expand its hybrid lineup.

SUV 52