
U.K. eases transition to EVs until 2035
Ford UK says a relaxation of the 2030 target will undermine the country's transition to EVs.
Ford UK says a relaxation of the 2030 target will undermine the country's transition to EVs.
As Ford focuses on the mega EV shift, it continues to trim its workforce to reorganise and simplify functions. In April, Ford had laid off 580 salaried employees
Automakers bet on electric vehicles, find new playbook to target the country’s growing affluent millennial populace.
Mahindra and Mahindra will pick up majority stake in a JV with Ford, manage the American carmaker’s operations in India, and collaborate on new cars and business in emerging markets.
There is a gradual shift towards a corporate governance model focused on long-term sustainable value creation, rather than mere fulfilment of the short-term agenda of profit maximisation.