In a closely watched vote, employees at a Kentucky battery factory partly owned by Ford have narrowly opted for union representation, but contested ballots could change the outcome. The U.A.W. claims victory despite company opposition.
Ford Motor is increasing the prices of its Mustang Mach-E, Maverick, and Bronco Sport models by up to $2,000 starting May 2, amid uncertainty caused by President Trump's tariffs. This move follows the company's warning of $2.5 billion in costs due to ongoing trade tensions.
As President Trump's proposed tariffs loom, Americans are flooding car dealerships in anticipation of rising prices. March saw a significant spike in new vehicle sales, with experts predicting continued demand as shoppers race to secure better deals.
Ford Motor Company has reported a 1.3% decline in first-quarter U.S. vehicle sales, impacted by the discontinuation of the Ford Edge SUV and looming tariffs from President Trump. Despite this, retail sales surged by 5% in the same period, driven by consumer urgency to buy before prices rise.