Ford workers told their CEO ‘none of the young people want to work here.’ So Jim Farley took a page out of the founder’s playbook

Ford CEO Jim Farley has celebrated a significant achievement, referring to it as a $1 billion 'common sense victory' in the context of the automaker's efforts to meet the Biden administration's fuel efficiency goals. This victory comes amidst a backdrop of steep penalties faced by automakers for various violations, highlighting the challenges within the industry.

Ford is facing escalating challenges in its electric vehicle (EV) sector, with losses from its Model e division contributing to a $5 billion problem. Unlike competitors General Motors and Stellantis, which integrate EV losses into their broader operations, Ford has opted for transparency, highlighting the financial strain of its EV strategy.

Ford's electric vehicle sales have declined significantly in November, prompting the company to consider discontinuing the electric version of its F-150 truck following the expiration of a federal tax credit for electric vehicles.