Production of Ford Motor's most important vehicle, its F-150 pickup truck, is down for nearly a week at a Detroit-area plant, according to a memo viewed by Reuters.
General Motors and Ford Motor have lost more market share in the United States than any other automakers so far this year as buyers prioritize fuel efficiency amid high gas prices, an industry forecast shows.
The authors of bipartisan legislation to make permanent a ban on Chinese vehicles in the United States plan to use a fast-track procedure to win Senate approval on Thursday, as President Donald Trump meets with China's President Xi Jinping, Democratic Senator Elissa Slotkin told Reuters.
For the first time ever, Hyundai is expected to outsell Ford during the third quarter , according to a new Cox Automotive forecast. Cox analysts said Ford and General Motors are seeing sales lag because they don't have many hybrid vehicles, which have been a growing market in the U.S. amid inflated gas prices.
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