Tag Archives: BlueOval City

Shareholder Warning – Ford Delays Next Gen Electric Truck

Electric vehicle consumers currently, so to speak, are more cost-conscious than early adopters, looking to electric vehicles as a practical way to save money on fuel and maintenance, as well as time by charging at home. This, along with numerous new electric vehicle choices coming to market during the next 12 months , as well as rising compliance requirements, has multiplied pricing pressures. In short (groan) all automakers to survive must have  globally competitive cost structure, emphasizing some customer and product segments to ensure profitable growth and capital efficiency. Continue reading

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Ford Stumbles on EVs – Two Year Delays on Three-Row Entries

“There will be unexpected setbacks in the transition to EVs, but we fully expect Ford to investigate every available option to support our Oakville members. It is unacceptable, after 120 years of operation in this country, that Ford does not plan to build a single vehicle in Canada for years on end,” said Local 707 Oakville Assembly Complex Chairperson Marc Brennan. Unifor is Canada’s largest union in the private sector and represents 315,000 workers in every major area of the economy. Continue reading

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Global Warming – New GM, Ford EV Plants Advance

GM Investing $760 Million in its Toledo, Ohio Propulsion Plant for EV drive unit production for Chevrolet Silverado EV, GMC Sierra EV and GMC HUMMER EVs. With today’s announcement, GM has invested more than $1.9 billion at Toledo since 2011. Ford broken ground at BlueOval City, a $5.6 billion investment in West Tennessee to build an all-new electric truck and advanced batteries for upcoming Ford and Lincoln vehicles. BlueOval City will create approximately 6000 jobs. Continue reading

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