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Ford CEO offers more clues about automaker’s ambitious electric vehicle plans

Ford CEO offers more clues about automaker's ambitious electric vehicle plans

Electric vehicle batteries are in short supply and the costs of materials such as nickel and cobalt are rising. However, legacy automaker Ford Motor says it plans to profitably build millions of electric vehicles a year in just four years. This week, the Detroit automaker gave investors a little more clarity on how it plans …

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General Motors falls short of Wall Street expectations as supply chain challenges dent profit

General Motors falls short of Wall Street expectations as supply chain challenges dent profit

GM CEO Mary Barra speaks to the media before the start of the 2017 General Motors Company Annual Meeting of Stockholders on Tuesday, June 6, 2017, at GM World Headquarters in Detroit, Michigan. Photo by John F. Martin for GM General Motors reported second-quarter profit below Wall Street estimates after the company was unable to …

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