Michael Martinez

The EV losses will mount as the company expects increased profits for its internal combustion and commercial vehicle businesses.

Ford will offer the less-expensive lithium iron phosphate chemistry on its Mustang Mach-E this spring and on the F-150 Lightning next year.

The automaker says battery supplier SK On has made changes and has restarted cell production at its plant in Georgia.

Third-year CEO Jim Farley is pleased by the reception to Ford’s EVs and connected vehicle software but frustrated by long-standing cost and quality issues weighing down the company.

Production of the F-150 Lightning will remain down until at least the end of next week as Ford Motor Co. fixes an undisclosed battery problem.

The automaker said a potential battery issue was discovered in a pre-delivery quality check and it's unclear how long production or shipments will be delayed.

The automaker said in a statement its parent company, Ford Motor Co., is “significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times.”

Ford has honoured six dealers for outstanding community service as part of its annual Salute to Dealers awards. One of them is Canadian.

The electric F-150 Lightning was named North American Truck of the Year while the EV6 was named Utility Vehicle of the Year and the Integra took Car of the Year honors.

Ford was the first of the Detroit 3 to go to market with an electric pickup, the F-150 Lightning, but GM and Ram aren't far behind.

Ford on Thursday revealed horsepower and torque figures for the seventh-generation pony car, which it said uses its best 5.0-litre Coyote V-8 engine yet.

The freshened crossover, on sale early next year, comes with a new front-end design and over-the-air software update compatibility.

Heavy-duty trucks are high-margin profit machines that will be key to funding automakers' electric ambitions, but executives say the segment is likely to be among the last in the industry to get battery power — if it ever does.

The automaker's heavy-duty pickups will come with two new engines, over-the-air update capability and an on-board generator.

The automaker is giving longtime executives John Lawler, Lisa Drake, Jim Baumbick expanded roles as it adds talent with "Silicon Valley credentials."