The Latest Breaking News from Jim Farley

Update: Added in-car video of the Mustang GTD's full lap at the Nurburgring.

Ford stock is in the red this year, and is underperforming rival General Motors by a big margin. Could things change for the better for the Blue Oval in 2025?

It seems like the competitiveness in the electric vehicle space is finally paying off as battery-powered cars are finally getting cheaper to make. Battery costs are dropping, material costs are down too, and even the average transaction price of new vehicles seems to be stabilizing a bit (although they're still high).

Jim Farley previously said Chinese EVs are Ford’s biggest competitors.

Ford CEO Jim Farley has been driving an imported Xiaomi SU7 for months. He says it's fantastic, and he doesn't want to give up the Chinese EV.

Farley had a Xiaomi SU7 imported from Shanghai, and he's been driving it for months. He loves it.

Despite being listed for almost seven decades, Ford shares trade at just above $10. The stock is also quite cheap, with a mid-single digits PE multiple. Here's why Ford stock is trading at such depressed levels, and what's to blame - besides Tesla - for the legacy automaker's woes.

The deal, which starts Tuesday and runs through Jan. 2, comes as the automaker faces a $5 billion loss on its electric vehicle unit this year.

The company's CEO says it's not worth investing in the Fiesta and Focus.