Wall Street banks JPM, BAC, WFC, C cut 10.6K jobs in 2025 as costs tighten; Citi plans more layoffs while GS/MS grow.

LGES’s Polish factory near Wrocław loses a key customer South Korean battery manufacturer LG Energy Solution Ltd (LGES) has revealed in a regulatory filing that it has been notified by Ford Motor ...

HUNDREDS OF CARS THROUGHOUT THE CITY. WHAT LED TO THEIR ARRESTS? BUT FIRST, FORD ANNOUNCES MAJOR CHANGES AT ONE OF ITS KENTUCKY PLANTS THAT COULD IMPACT HUNDREDS OF LOCAL WORKERS. THE AUTO GIANT PLANS ...

LOUISVILLE, Ky. (WDRB) -- All 1,600 employees of the brand new electric vehicle battery plant in Kentucky will be laid off before Ford converts it to manufacture batteries for data centers and other ...

Ford (F) has announced a series of moves in its electric vehicle business, pivoting to a hybrid and extended-range EV (EREV) strategy instead of full EVs. The company will take $19.5 billion in ...

Amid Ford’s shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday that instead of scuttling plans to build the ...

The separation is expected to be completed by the first quarter of 2026. Credit: Tada Images/Shutterstock.com. South Korean battery maker SK On will end its US joint venture with Ford Motor as they ...

In central Kentucky, Ford plans to build a dedicated battery manufacturing complex with SK Innovation – the $5.8 billion BlueOvalSK Battery Park – creating 5,000 jobs. Twin battery plants on the site ...

South Korean battery maker SK On said on Thursday that it has decided to end its joint venture with Ford Motor for their joint battery factories in the U.S. as part of a business overhaul to focus on ...

MEMPHIS, Tenn. — South Korean battery giant SK On is ending its partnership with the Ford Motor Company and will take over the battery plant at BlueOval City, Reuters is reporting. SK On said on ...

HAYWOOD COUNTY, Tenn. - Another big change for the long-awaited electric car plant outside Memphis. Ford Motor Company and the Korean battery-maker "SK On," who partnered on BlueOval City together, ...

As with any mechanical creation, cars aren't perfect. As much as everyone involved in producing them might try, unforeseen issues are impossible to avoid entirely, leading manufacturers to alert ...