Model 1 Moves the Commercial Vehicles Market Forward with Ford E-Transit; Lands Unprecedented Contract with The California Vanpool Authority
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US will offer $12B to automakers and suppliers for the advancement of new energy vehicles
August 31, 2023 12:15 PM EDTU.S. Secretary of Energy, Jennifer Granholm held a briefing with journalists Thursday where the former governor announced the United States will be making $12 Billion in funds available through grants and loans to automakers and their suppliers for the purpose of retrofitting facilities to produce electric and other advanced vehicles.
The funding will include $10 billion from a federal loan program for clean vehicles and aims to support... More
Ford (F) recalls 42K trucks over defect in axle shaft
August 31, 2023 10:41 AM EDTFord (NYSE: F) has issued a recall for nearly 42,000 2023 Super Duty F250 and F350 trucks after a mechanical issue was found affecting the vehicles rear axle shaft.
According to documents from the National Highway Traffic Safety Administration (NHTSA) the left rear axle shaft on affected models "may have been improperly heat-treated"... More
Canada's Unifor targets Ford (F) in Detroit 3 labor talks
August 30, 2023 11:28 AM EDTUnifor, Canadas largest private union, announced this week that the labor force has selected Ford Motor Company (NYSE: F) as their target in its negotiations with the Detroit Three.
Talks began with the car manufacturers, including General Motors (NYSE: GM) and Stellantis (NYSE: STLA), on August 10th. But on August 29th, Unifor... More
Ford (F) Pro expands commercial charging solutions
August 29, 2023 2:50 PM EDTFord Pro, the commercial arm of Detroits Ford Motor Co. (NYSE: F), revealed new charging equipment Tuesday, that will be added to its suite of end-to-end solutions. The new hardware is designed to help make it easier for commercial customers to transition their fleets to electric.
Were committed to helping businesses make the transition to electric easy, said... More
