Major Automaker Exec Flatly Says Liberals’ EV ‘Mandates’ Are ‘Impossible’ To Meet
Toyota’s North American chief operating officer Jack Hollis on Friday criticized U.S. policies to promote electric vehicles (EVs), according to Bloomberg. Toyota’s chief operating officer (COO) says electric vehicle policy is a “de facto mandate” that is out of sync with consumer demand. According to To Bloomberg. Hollis also said it would be impossible to […]
Major Automaker Pumps Brakes On Production Of Electric Pickup Biden Once Drove
According to Automotive News, Ford Motor Co. is temporarily suspending production of its F-150 Lightning electric truck model due to lower-than-expected demand. The production suspension will begin in mid-November and last until January 2025. According to Go to car news. According to CNN, President Joe Biden test drove the same pickup model in Michigan in […]
Major Automaker Becomes Latest Company To Walk Back Diversity Policies
Ford Motors said Wednesday it was rolling back some of its diversity, equity and inclusion (DEI) policies, becoming the latest in a long line of U.S. companies to roll back similar measures. Ford has vowed to stop participating in the Human Rights Campaign's “outside cultural investigation.” [HRC] Corporate Equality Index has pledged not to “employ […]
Top US Automaker Reports $1.7 Billion Loss On Electric Vehicles In Fourth Quarter
General Motors reported a $1.7 billion loss on production and sales of electric vehicle products in its fourth-quarter earnings report Tuesday, despite positive net income growth for the quarter. The automaker's fourth-quarter net income rose 5.2% year-over-year to $2.1 billion, even though revenue fell 0.3% in the period. according to Go to GM's fourth quarter […]
