Ford unveiled its new all-electric transit van on November 12, 2020. Ford Ford Motor expects that its new all-electric transit van will help it move into commercial vans as new and long-time rivals enter the emerging market. Unveiled by Ford on Thursday morning, the vehicle is designed for commercial and …
Read More »Ford’s new CEO promises more transparency to investors, October sales down 6.1%
Jim Furley, the company’s new CEO, has promised to give Wall Street more transparency, after which Ford Motor will be available on a monthly basis as well as in the U.S. The vehicle will represent sales. The decision comes more than a year after Detroit maker Tomaker, following its crosstown …
Read More »GM and Ford knew about climate change 50 years ago, energy holiday trade release exposed
GM President Mark Reese spoke in January about plans for an all-electric SUV and pickup truck at the Detroit-Hemtramac assembly plant. AFP by Getty Images Scientists from the two largest car manufacturers in the United States learned in the early 1960s that emissions from cars and trucks had changed the …
Read More »GM plans to invest in increasing the production of electric vehicles
Visitors are spotted at General Motors’ World Headquarters office fee in Detroit’s Renaissance Center. Paul Hansie | Sopa Images | Lightrocket by Getty Images General Motors is expected to announce on Tuesday significant investments to expand the production of electric vehicles in the factories of Spring Hill, Tennessee and potentially …
Read More »Nicola’s founder Trevor Milton will voluntarily step down as acting chairman
Nicola CEO Trevor Milton Massimo Pinka | Reuters Nicola announced early Monday that founder Trevor Milton is voluntarily stepping down from his role as executive chairman and a member of its board. The electric truck company said the board accepted Milton’s resignation, adding that Stephen Girski, a former vice chairman …
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