Tag Archives: Ford

Ford is delaying the 12 billion dollar investment

Ford has announced that it is delaying a $12 billion investment due to huge losses in the production of electric vehicles, and predictions are that by the end of the year the loss will be almost $4.5 billion. This is due to large investments in next-generation electric vehicles and difficult market conditions.

According to the company’s report, in the last three months, Ford sold 20,962 electric vehicles, which is not bad, and the best seller was the Mustang Mach-E (14,824 units). However, the report shows an operating loss of US$1.3 billion, which means that each electric car sold generates a loss of around US$36,000. That’s definitely something to worry about.

Ford will slow down with electric vehicles, and keep the main focus on the classic range of vehicles powered by fossil fuels, because customers interested in electric vehicles are reluctant to pay a premium compared to gasoline or hybrid alternatives.

“A great product is no longer enough in the electric vehicle business. We have to be completely cost competitive. “Tesla has actually given us a tremendous gift, with a precise focus on the price and scale of the Model Y. They set the standard, and now we’re really moving forward in our second and third cycle of electric vehicle development,” said Ford CEO Jim Farley.

Ford won’t give up on electric cars entirely, but the demand from the UAW, who are seeking a 25 percent wage increase, definitely puts additional pressure on the company and will make business more difficult in the future.

Source: Ford

A collection of 13 super cars worth over $50 million

We don’t often see large collections of expensive cars, because they are hidden from the eyes of the beholder. However, one collection of 13 super sports cars worth over $50 million is parked at the Los Angeles airport.

Driving by the airport, vlogger “effspot” recorded a video showing 13 cars hidden under nylon. It is not known who owns the collection, nor why the cars were left outside. Is the current owner transporting them to a new location or are they on their way to a new owner?! Either way, we hope they will not stay out in the open for long.

The collection consists of some of the best super sports cars such as Porsche 918 Spyder, two McLarens (Sabre and Speedtail), Porsche 911, Pagani Huayra, Lamborghini Centenario, Ford GT, Ferrari LaFerrari, Bugatti Chiron, Aston Martin One-77 and several

models .

Source: effspot via YouTube

2024 Ford Ranger PHEV

The Ford Ranger is the best-selling pick-up model in Europe, and now it has a plug-in hybrid version. It is the first PHEV Ranger, and production will start by the end of this year. It is interesting that the American car manufacturer decided that this model will make its debut outside the United States.

Ford Ranger has been a leader in the European market for years, and with this version Ford wants to strengthen that position. When it comes to design, the differences between the plug-in hybrid version and other versions are minimal. The charging port is located on the left side next to the fuel cap, while the 18-inch wheels have a new design. Initially, the Ranger PHEV will only be available as a Wildtrak, and will have the Pro Power Onboard feature that includes outlets in the trunk for various tools and devices.

The new Ford Ranger will be powered by a 2.3L turbo four-cylinder engine combined with an electric motor, with an unknown total power output. As a reminder, the 2.3L EcoBoost V6 engine delivers 292 hp (215 kW) and 362 lb-ft (491 Nm) of torque. Ford announced that the Ranger PHEV will be able to travel 45 kilometers (28 miles) in purely electric mode, while the maximum weight the car can pull is 3,500 kg.

Source: Ford

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