Gas-Guzzler Revival Risks Dead-End Future for US Automakers


Ford’s expectation is that as more consumers embrace electrification through hybrids, they will eventually end up owning pure-electric vehicles. “You do wonder what a customer will think when they realize that in three months the engine has never started, but they still have to go get the oil changed on it,” said Doug Field, Ford’s chief EV, digital and design officer. For now, though, Detroit’s automakers are leaning into the lucre that comes from selling millions of fossil-fuel vehicles in a rare moment of loosened regulation.“They’d be crazy not to do what’s the most profitable thing to do,” Wakefield said. “It would also be crazy not to start investing some of that money into what they really need to do to win in the future.”



Source link

  • Related Posts

    Expectations for U.S. Fed rate hikes pressure gold

    Sarahi Cervantes places a gold bar on an X-ray machine for assaying at A&M Precious Metals in the St. Vincent Jewelry Center in the Jewelry District of Los Angeles, Friday,…

    Carney to travel to Turkey, where NATO allies will focus on managing Trump

    Prime Minister Mark Carney participates in a joint news conference with German Chancellor Friedrich Merz and Norwegian Prime Minister Jonas Gahr Store following a tour of the site of NATO…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Mourners Chant ‘Revenge’ at Funeral Prayers for Iran’s Slain Supreme Leader

    Mourners Chant ‘Revenge’ at Funeral Prayers for Iran’s Slain Supreme Leader

    Canada is 13th wealthiest nation in the world, according to annual global wealth rankings

    WATCH: Americans gather to celebrate the historic 250th birthday of our nation

    WATCH:  Americans gather to celebrate the historic 250th birthday of our nation

    Best Wi-Fi Routers (2026): My Honest Picks After Testing 40+

    Best Wi-Fi Routers (2026): My Honest Picks After Testing 40+

    This Muslim family in rural Ontario fears for their safety, as an online conspiracy theory turns into real-world threats: 'We are terrified'

    This Muslim family in rural Ontario fears for their safety, as an online conspiracy theory turns into real-world threats: 'We are terrified'

    2026 Wimbledon draw: Schedule, and bracket for men’s and women’s singles in round of 16

    2026 Wimbledon draw: Schedule, and bracket for men’s and women’s singles in round of 16