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Penske orders 750 Ford E-Transit cargo vans for rental and leasing fleet

Green Car Congress

Penske Truck Leasing has ordered 750 all-electric Ford E-Transit cargo vans. Penske’s first Ford E-Transit vehicles will be made available in Southern California with other locations around the US phased in later in the year. The company is taking delivery of its first several vehicles in the next several weeks.

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Ford increasing production of popular electric, gasoline and hybrid vehicles

Green Car Congress

Ford is boosting production in the US of its popular EVs—Mustang Mach-E®, F-150 Lightning and E-Transit—along with other customer favorites such as Bronco Sport and Maverick. Ford F-Series is America’s best-selling truck for 46 consecutive years DEARBORN, Mich., Ford electric vehicle sales are up 68%.

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. CEO Jim Farley has reportedly returned from Asia to finalize those plans, which were reiterated during a press call about Ford’s first-quarter earnings held earlier in the week.

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VW Is Shifting EV Investment Dollars to Fund Further ICE Development

The Truth About Cars

It’s also a change from the automaker’s estimates last year, which pegged EVs at 80 percent of its overall sales by the end of the 2020s. Ford, GM, and others have also backtracked on hybrids, committing to developing new models to satisfy buyers’ desires for more affordable fuel-efficient vehicles instead of expensive EVs.

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Tesla Model Y tops new study’s list of most-produced cars in 2023

Teslarati

In a new study from Inovev, a French automotive data firm, it was shown that the Model Y was the world’s most-produced car last year, outpacing some of the biggest names in the automotive industry as Tesla achieved the unthinkable goal of its all-electric crossover dominating world sales charts.

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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. Volkswagen is joining Ford in investing in Argo AI, the autonomous vehicle technology platform company. Earlier post.).

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Ford CEO Fields elected to IBM Board of Directors

Green Car Congress

The IBM board of directors elected Mark Fields, president and chief executive officer, Ford Motor Company, to the board effective 1 March 1, 2016. He is leading Ford into a future where cars are not only vehicles, but increasingly becoming mobile technology platforms. Fields joined Ford in 1989.

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