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The Latest Breaking News from Jim Farley

Ford CEO Jim Farley slashes plans for new battery cell plant in latest sign the EV sales bonanza may be over

Ambitions for the Michigan plant, the first Ford site to make low cost LFP battery cells, have been downsized to balance growth with profitability.

Fortune

Cruise Played Fast And Loose With Self Driving. Now Its CEO Is Out

GM's Cruise suffers the loss of its co-founder after CEO Kyle Vogt resigns from self-driving startup.

InsideEVs

Watch Ford F-150 Lightning Dominate The Trail Tesla Cybertruck Struggled On

The timing of this video being released is probably not a coincidence.

Motor1

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Down 35%, Is Ford Stock an Undervalued Gem or a Value Trap?

Ford shares just closed at their lowest price since early 2021 amid a continued fall in auto stocks. The stock could be worth the risk at these prices, even as the automotive industry is facing some serious headwinds.

Barchart

'Billionaires shouldn't exist': Shawn Fain is leading the auto strike crippling Detroit as if he were Bernie Sanders

The head of the United Auto Workers is walking the Vermont senator's talk.

Fortune

New Strikes Could Happen "At Any Time" Now, UAW Says

UAW President Shawn Fain says the union is entering a new, more aggressive phase of the strike.

Motor1

Formula One 'On The Cutting Edge Of Technology': McLaren Racing CEO On Why Tech Industry Is Rushing To Motor Sports

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UAW Strike Against Detroit’s Big Three, What It Means For Electric Vehicles

The ongoing strike between the autoworkers and Detroit automakers could impact the electric vehicle industry.

InsideEVs

‘We build those cars’: US workers on Ford picket line demand a fair share

Horns blare in support of strikers outside the carmakers’ plant in Wayne, Michigan, as union members attack ‘corporate greed’

The Guardian - US

The UAW’s Shawn Fain wants to wreck ‘the billionaire class’ as analysis reveals Ford, GM and Stellantis CEOs make at least 281 times their average employee

The UAW took aim at Ford’s Jim Farley for making $21 million last year, but the CEOs of GM and Stellantis actually make even more.

Fortune

Detroit’s striking auto workers want a 36% pay hike, mostly to cover inflation. Morgan Stanley thinks automakers can afford it

Detroit’s striking auto workers would need a 30% pay hike just to cover inflation, making their demand for a 36% raise seem "fair," one analyst said.

Fortune

“This man made 21 million last year”—As UAW strikes Detroit’s Big 3, it blasts Ford CEO for emotive schoolteachers and firemen comparison

After the Ford's Jim Farley accuses the United Auto Workers union of wanting to bankrupt his company, labor leader Shawn Fain launches a historic strike of all three Detroit carmakers.

Fortune

Ford CEO Says "Charging Anxiety" Hampers Widespread EV Adoption

Jim Farley also said EVs are at a disadvantage in the market today because of their higher prices compared to ICE-powered alternatives.

InsideEVs

The UAW launches a historic strike against all Big 3 automakers

For the first time ever, the UAW launched a strike against all Big 3 automakers at once, starting with three locations in the Midwest.

WEKU

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WEKU

Autoworkers are on the verge of a historic strike

Less than two hours before the strike deadline, United Auto Workers revealed the first wave of plants to be targeted if the union and the Big 3 automakers fail to reach a deal just before midnight.

Chicago Sun-Times

UAW begins strikes in three states against Ford, GM and Stellantis

The UAW, without an agreement with the Detroit Three, initiated walkouts early Friday at one GM, Ford and Stellantis plant each in Missouri, Michigan and Ohio.

WEKU

Here's where things stand just before the UAW and Big 3 automakers' contract deadline

The union is prepared to strike. Auto companies say they're still waiting for counteroffers. And so far, there's no deal in sight.

The Independent UK

Detroit automakers and auto workers remain far from a deal as end-of-day strike deadline approaches

With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit’s three automakers are far apart in contract talks and the union is preparing to strike

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WEKU

The UAW unveils major plan if talks with Big 3 automakers fail: The 'stand up strike'

The United Auto Workers could strike at targeted auto plants before expanding the walkouts to additional locations if the union and the Detroit Three automakers fail to reach a new contract.

InsideEVs

Lucid CEO Peter Rawlinson Received $379M In Compensation In 2022

Lucid CEO Peter Rawlinson received a $575,000 base salary plus $378,432,753 in stock option gains and awards in 2022.

Fortune

Ford CEO says electric vehicle drivers ‘just want really good sh*t’

EV drivers “don’t want science projects,” and they do want to charge quickly, according to Jim Farley.

InsideEVs

Ford Files Trademark For F-200, Possibly For Upcoming EV Truck Codenamed T3

The trademark filing was submitted on August 28 and is intended for “Motor vehicles, namely gasoline and electric automobiles, pick-up trucks, sport utility vehicles, and their structural parts.”

Motor1

Second-Gen Ford GT Was Built Because Mustang Couldn't Win Le Mans

Ford wanted to compete in the iconic race with the global, sixth-generation Mustang.

Motor1

Ford CEO Says "Nah" To Electric Mustang Coupe, "Yeah" To Hybrid

Speaking to Bloomberg, Jim Farley stated a hybrid pony in the next 10 years is possible.

InsideEVs

Ford CEO Jim Farley On NACS, Charging Anxiety, And “Frenemies”

Ford CEO Jim Farley went on a field trip driving the F-150 Lightning between California and Nevada and realized that charging anxiety was a problem.

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