Ford Motor Company has revealed the massive losses that the American automaker has suffered from electric vehicle (EV) production. In a new report, Ford admitted losing over a hundred thousand dollars for every EV the company sold during the first quarter of 2024. Ford’s electric vehicle unit reported a whopping…
Several major American nonprofits have been funneling millions of dollars directly to the Chinese Communist Party, financial records have revealed. Tax documents show that between 2017 and 2022, the Rockefeller Brothers Fund, the Ford Foundation, and the MacArthur Foundation together funneled about $10.2 million directly to China's communist dictatorship. Additional…
Motor giant Ford has announced that it is slashing production of its once-touted electric F-150 Lightning truck. The company is making significant reductions to the number of workers dedicated to the failing electric vehicle (EV) line. Instead, Ford is shifting its focus back to gas-powered vehicles and is hiring hundreds…
Several major automakers have just announced that they are scaling back production of expensive electric vehicles (EVs) amid declining consumer interest and slow sales. In a seemingly coordinated move, Ford, Honda, and General Motors all announced significant rollbacks of EV production. General Motors recently announced it would be slowing electric vehicle production…
Automaker Ford has announced it is "pausing" the construction of a controversial electric vehicle (EV) battery plant in Michigan. The multi-billion dollar plant in Marshall has drawn scrutiny from U.S. lawmakers over the company’s partnership with Chinese Communist Party-linked battery-maker Contemporary Amperex Technology Co. Ltd., or CATL. The decision to halt…
The United Auto Workers Union (UAW) has just announced a major strike against America's top three unionized automakers. The UAW announced that members would not be showing up for work at Detroit’s Big Three automakers on Friday. According to Reuters, the historic action is the first time that the 146,000-member…
A plan to use taxpayer money to help fund the new Ford electric vehicle battery plant in Michigan has been rejected by state legislators. On Saturday, the Michigan House Freedom Caucus held a press conference to object to using tax dollars to fund the plant. The construction of the new…
Tesla CEO Elon Musk has just scored a huge win over key electric vehicle (EV) rival Ford after his automotive company Tesla recently slashed its prices. Ford has just announced that it is slashing prices for its Mustang Mach-E electric SUV amid a brutal EV price war. However, Musk has…
Ford Motor Company is recalling more than 634,000 SUVs globally over reports of fuel leaks and fire risks. The move came after it emerged that these vehicles may run a risk of a cracked fuel injector that can leak vapors or spill fuel onto a hot engine, potentially triggering a…
As the world continues to drive headfirst into an all-electric green future for automotive travel, many of the floors of EVs are being somewhat overlooked. In California, for example, the state has introduced new laws to ban the sale of gas and diesel-powered vehicles from 2035. However, as Slay News…