Ford’s EV losses: $2 billion in 2022, $3 billion expected in 2023
Ford on Thursday reaffirmed 2023 full-year targets of $9 billion to $11 billion in EBIT and about $6 billion in adjusted free cash flow. It also said it remains confident…
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Ford on Thursday reaffirmed 2023 full-year targets of $9 billion to $11 billion in EBIT and about $6 billion in adjusted free cash flow. It also said it remains confident…
These are interesting times for retail technology in the auto industry, and I get to have a ringside seat. As the new retail technology reporter for Automotive NewsI’m looking for…
Image: Bill Pugliano (Getty Images) With the slimy way that dealers often do business, it always comes as a surprise when dealers get a win—and one that’s both right and…
Q: What types of experiences are on the horizon that will be supported through connected or software-defined vehicles? Macleod: As digitally fueled car sales increase, vehicles are also becoming more…
The insurance companies suing the manufacturers include Liberty Mutual, Nationwide and American Family. They estimate that Hyundai and Kia’s decision not to include immobilizers has already cost the insurers $190…
Image: Mercedes-Benz Mercedes-Benz says its future EVs will rely on tech that won it so many Formula 1 titles, the good news keeps on rolling for Hyundai and Uber and…
The sweeping changes come as Volkswagen Chief Executive Oliver Blume conducts a strategic review of every facet of the carmaker after taking over from former leader Herbert Diess last September.…
In a sign of its growing regional independence from headquarters in Germany, Volkswagen Group of America has named a Brazilian veteran VW executive as the brand’s new head of design…
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