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New cars now just for the rich as automakers rake in profits

New cars are becoming more expensive with lower production and more expensive parts, meaning they re becoming limited to rich buyers only. ....

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Ford EV sales program attracts two-thirds of dealers, CEO Farley says. CT's Blumenthal raises concerns. – Hartford Courant

DETROIT â Roughly two-thirds of Ford Motor Co.'s dealer network in the U.S. has opted to participate in a new â and, to some, controversial â certification program governing how dealers handle electric vehicle sales. Ford CEO Jim Farley, speaking at the Automotive News World Congress downtown Monday, said that 1,920 Ford dealers have enrolled in the Model e program for 2024-2026. Of those that . ....

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Ford EV sales program attracts two-thirds of dealers, CEO Farley says

The program has prompted concerns about how much investment is required. Ford will give holdouts another chance to sign up in 2025. ....

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Ford will challenge dealers to match Tesla's lower selling costs

DETROIT Ford Motor Co Chief Executive Jim Farley will go to Las Vegas next week to roll the dice on a strategy to convince dealers to cut as much as $2,000… ....

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Ford will challenge dealers to match Tesla's lower selling costs

Ford Motor Co Chief Executive Jim Farley will go to Las Vegas next week to roll the dice on a strategy to convince dealers to cut as much as $2,000 from the cost of delivering an electric vehicle. | September 9, 2022 ....

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