Ford MotorNYSE: F

Automotive giant Ford Motor Co F is among the companies looking to the future with the growth of electric vehicles.

DETROIT — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices.

Read on to know about the battery production investments currently underway in the United States by major automakers including TSLA, GM, F, TM and STLA.

Washington, D.C., July 01, 2024 (GLOBE NEWSWIRE) -- In partnership with Blue Star Families “Do Your Part” campaign , Ford Motor Company hosted 150 military veterans, survivors, and their families at the first-ever "Proud to Honor: Bronco Off-Roadeo" event in Horseshoe Bay, TX. In addition to Blue Star Families, participants represented esteemed U.S. service organizations, including Guitars 4 Vets , Tragedy Assistance Program for Survivors (TAPS) , Travis Manion Foundation , Team Rubicon , and members of Ford's Veteran Employee Resource Group.

Ford and other automakers have scaled back production goals for electric vehicles. Ford is committed to returning cash to investors through regular and supplemental dividends.

Ford is recalling more than 550,000 F-150 trucks Ford has led the industry in recalls for three straight years. Ford continues to work on quality issues but needs to see results.

Car buyers entering dealer showrooms for the foreseeable future may have a new challenge: an alphabet soup of "electrified" vehicle offerings. As all-electric vehicle adoption occurs slower than many expected, automakers are increasingly releasing hybrid vehicle models as alternative options to EVs and traditional gas-powered engines.

Ford Motor Co expects to launch a $30,000 EV that could be profitable in about two and a half years but did not provide any further details on the vehicle, CNBC reported on Friday.

Ford Motor expects to introduce a $30,000 all-electric vehicle that will be profitable in roughly two and a half years, CEO Jim Farley said Friday during the Aspen Ideas Festival. Farley said Americans need to "get back in love" with small cars instead of larger ones, a surprising statement given a majority or Ford's profits come from trucks.