Ford Leaders Expect ICE Sales Growth, Then Taper
They say profit margins from combustion vehicles will rise for a few years until a widespread consumer shift toward electric vehicles.
They say profit margins from combustion vehicles will rise for a few years until a widespread consumer shift toward electric vehicles.
The two automakers' recalls affect a combined total of 530,000 vehicles that have experienced operational issues posing safety risks.
Both automakers are discussing potential incentives and the distinction between wholesale and retail.
Posts solid profits, a far cry from a year earlier.
EV market leader's price swings still rippling across the industry.
Just two of its EV, hybrid models qualify for full federal break after stricter limits issued.
Sales reflect improved inventories across industry over last year.
Move comes despite calls from officials to retain it for public safety.
But loss is step toward profitability soon, it predicts.
Tax credit change that requires EVs be assembled in North America cited for the surge.
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