Remove Auto Industry Remove Ford Remove Industry Remove Production
article thumbnail

Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8

article thumbnail

Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

Since the days of the original Roadster, it appeared that Tesla was this company that was determined to make a change by forcing the automotive industry to go electric. Tesla did force the automotive industry to go electric. But while this was true to a point, Tesla’s battle is much bigger than that. Indeed I did.

article thumbnail

Auto Industry Strike: UAW and Big Three Fail to Agree on Terms

The Truth About Cars

Last night, the Union launched a strike against Ford, GM, and Chrysler/Stellantis, taking almost 13,000 workers off production lines and factory floors across the country. Ford alone has over 57,000 Union works, and the other two have around 90,000 more.

article thumbnail

Ford EV production push receives another shove

Teslarati

Ford has announced yet another investment in EV production, which will be critical if the automaker hopes to achieve its ambitious production targets. As part of achieving these goals, Ford has announced a wave of production investments over the past year, and today, it announced yet another. billion Canadian ($1.3

Ford 98
article thumbnail

Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.

article thumbnail

Visiting Ford EV Center, Biden says, “The future of the auto industry is electric”

Plug in America

This week, President Joe Biden visited the Ford Motor Company Rouge Electric Vehicle Center in Dearborn, Michigan, getting a preview of the all-electric version of their F-150 pickup truck, the highest-selling vehicle in the country. The future of the auto industry is electric,” said President Biden. There’s no turning back. …

article thumbnail

Are Ford Mustang Mach-E Production & Deliveries Tracking at Tesla Model 3 & Y Levels?

CleanTechnica EVs

by Denis Gurskiy The Ford Mustang Mach-E is arguably the most important car for Ford since the Model T. With the rise of electric cars, the auto industry is facing its first global transition since the time of the horse and carriage.

Ford 140