this post was submitted on 28 Oct 2023
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand (driveteslacanada.ca)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Ford Delays $12 Billion in EV Investments Due To UAW Strike Impact and Slow Consumer Demand::The 41-day United Auto Workers strike took a toll on Ford, leading to a $1.3 billion hit to its Q3 earnings, and forcing the automaker to reevaluate its electric vehicle (EV) strategy. One significant development [...]

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[โ€“] Cort@lemmy.world 7 points 1 year ago (1 children)

Not to mention the current interest rates!

[โ€“] Wogi@lemmy.world 2 points 1 year ago

I get emails daily promising to save me money on my auto loan.

If I want to go from a 1.8% interest rate to a 7.4% interest rate and add two years to the length.

Not sure how that's saving me money, fuck half the time the payments are more.