Shares of EV start-up Electric Last Mile plunge more than 50% after CEO, chair resign

The ELMS City Delivery, anticipated to launch afterwards this calendar year, is expected to be the initially Course 1 professional electric powered automobile readily available in the U.S. sector and…

Ford Motor Chair Bill Ford on automaker’s stock rally, SPACs and investors

DETROIT – After a decade of mediocrity, shares of Ford Motor are up by virtually 50% so significantly this yr and on speed for their finest annual general performance considering…

Ford and GM replace ‘chairman’ title with gender-neutral ‘chair’

Monthly bill Ford, Government Chairman and Chairman of the Board for Ford Motor Firm. Geoff Robins | AFP | Getty Pictures DETROIT — Ford Motor Firm’s Bill Ford is no for…