Ford

Ford is cutting production of the F-150 Lightning electric pickup after weaker-than-expected electric vehicle sales growth.

While EV sales are growing in the U.S., the pace is falling well short of the industry's ambitious timetable and many consumers are turning to hybrid vehicles instead.

The USS Gerald R. Ford aircraft carrier, along with personnel from Carrier Strike Group (CSG) 12, has docked in Souda Bay on Crete island for a scheduled port visit as of Tuesday.

A wave of strikes that disrupted the three largest U.S. automakers for six weeks looked to have been finally resolved, as the auto workers union reached a tentative agreement with holdout General Motors.

The GM deal announced by the United Auto Workers (UAW) union comes after pacts with Stellantis and Ford, appearing to end the strike on the "Big Three" automakers.

Ford is preparing to introduce its Bronco Sport, Edge and F-150 models to the Turkish market for the first time.

Those models are expected to be made available to Turkish consumers starting from the end of 2023 and at the start of 2024.

Due to the homologation issues, initially, 70 units per model will be offered in the local market.

Ford has said the need to retore manufacturing operations outweighed the additional costs to sweeten a labor contract to end a strike that has cost it some $1.3 billion.

Ford is halting work on a major battery plant in the northern U.S. state of Michigan, the automaker has said, just seven months after launching the project with a Chinese partner.

The stoppage, which a Ford a representative confirmed to AFP, comes as the company faces a major strike along with both of the other "Big Three" U.S. automakers, Stellantis and General Motors.

Ford lifted its full-year forecast on July 27 after quarterly earnings nearly tripled on strong vehicle pricing in conventional autos that offset losses in electric vehicles (EV).

The sticker prices for Ford's F-150 Lightning electric pickup trucks are being lowered by thousands of dollars across the board, the company has said, due to increased plant capacity, falling costs for battery raw materials and internal efforts to scale production by the Detroit automaker.

Tesla will open its North American electric vehicle charging network to cars from rival General Motors beginning in 2024, Tesla CEO Elon Musk and GM Chief Mary Barra announced on June 8.

Under the agreement, which is similar to a collaboration unveiled last month between Ford and Tesla, GM vehicle owners will have access to Tesla's 12,000 "superchargers," said a GM news release.

Ford has announced an investment of $1.3 billion to retool its Canadian assembly plant in Oakville, Ontario to make electric vehicles and batteries for the North American market.