Ford offered up good news with its first quarter earnings report, beating analysts’ estimates, although falling short of last year’s net income and margin numbers for the same period. Find out more about the company’s results at Headlight.News.
Ford CEO Jim Farley
Ford Delays Production of Electric SUV, Readies More Hybrids
Ford mirrored the push by several other automakers to delay production of its electric vehicles, by pushing back its anticipated all-electric SUV and next-generation electric pickup truck. It also revealed plans to grow its hybrid offerings to meet growing demand for them. Find out more at Headlight.News.
UAW Chief Fain Blasts CEO Farley for Comments on Ford’s Future
UAW President Shawn Fain clapped back at Ford CEO Jim Farley after the automaker’s chief expressed disappointment in the union’s decision to strike Ford and concern about how it may change the relationship between the two. Fain suggested it may be time for the automaker to get a different CEO, among other things. Find out more at Headlight.News.
Farley Trying to Change Perception EV-Related Job Losses
Ford CEO Jim Farley and UAW President Shawn Fain are pointing fingers at one another as the strike by hourly workers continues, in part, due to potential job losses resulting from the shift to electric vehicles. Read the story at Headlight.News.