this post was submitted on 28 Oct 2023
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand (driveteslacanada.ca)
submitted 1 year ago by [email protected] to c/[email protected]
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand::The 41-day United Auto Workers strike took a toll on Ford, leading to a $1.3 billion hit to its Q3 earnings, and forcing the automaker to reevaluate its electric vehicle (EV) strategy. One significant development [...]

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[โ€“] [email protected] 9 points 1 year ago (1 children)

Yeah a Mustang EV crossover that they had to recall because the engines were shutting off when people floor it, which was also overpriced and not up to feature parity with other similarly-priced EVs. Maybe if they made a good EV or lowered the price consumer demand would suddenly materialize.

[โ€“] [email protected] 5 points 1 year ago

A recall is better than the class action lawsuit going on for the normal Mustang transmission issues.