Form 8-K FORD MOTOR CO For: Oct 12
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US EV sales skyrocket in 3Q, China expands reach
October 20, 2023 8:41 AM EDTAccording to data released by Cox Automotive, US electric vehicle (EV) sales surged by almost 50% in the 3Q compared to last year, surpassing 300,000 units sold for the first time.
The current market trajectory suggests that the US may witness the sale of over a million EV cars this year, marking a significant milestone in the transition to auto electrification. A notable shift, coupled with Tesla's (NASDAQ:... More
Ford (F) announces management shuffle as UAW strikes continue
October 18, 2023 12:03 PM EDTFord Motor (NYSE: F), on Wednesday, revealed a restructuring of its management, appointing Kumar Galhotra, the head of the combustion vehicle unit, as the new chief operating officer.
This development comes despite the continued autoworkers strike showing scant indications of resolution.
Galhotra, formerly in charge of the Ford Blue unit responsible for gas and hybrid vehicles, will now oversee the global industrial system of the automaker.
Meanwhile, Andrew Frick, who previously handled sales and... More
Ford Motor (F) Appoints Ashwani Kumar Galhotra as COO
October 18, 2023 8:05 AM EDTEffective October 12, 2023, Ashwani Kumar Galhotra was elected Chief Operating Officer of Ford Motor (NYSE: F). Prior to becoming Chief Operating Officer, Mr. Galhotra was President, Ford Blue. Mr. Galhotras compensation arrangements will be the subject of an amended 8-K filing.
... More