The firm's updated forecast is nearly double its January estimate of the total revenue impact of the semiconductor shortage.
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The deal calls for Fisker to design the vehicle and then hand it off to Foxconn to assemble at a plant in the U.S. No manufacturing locations were announced.
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The federal regulatory discussion comes amid multiple reports of Tesla vehicle crashes around the country.
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Penske Automotive Group named Shelley Hulgrave as CFO to replace the retiring J.D. Carlson, effective June 1.
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Sandra Button, chairman of the show, confirmed Wednesday that it will go on this year on its usual date, the fourth Sunday in August.
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The former engineer's attorney said she has heard from multiple women who said they left Gentex because of similar experiences.
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The amendment adopted Thursday would ensure that 75 percent of purchased vehicles would be electric or zero-emission vehicles.
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South Korea's Hyundai Motor and its Kia affiliate said they plan to invest $7.4 billion in the U.S. by 2025 to produce electric vehicles, enhance production facilities and develop smart mobility technologies.
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Alexandra Ford English, daughter of Executive Chairman Bill Ford, and Henry Ford III, son of Edsel Ford II, on Thursday were voted into two open board positions vacated by the retiring Edsel Ford and John Lechleiter.
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Ford could make the move to all-electric for its passenger vehicles in Europe sooner than 2030. "It's quite possible that we move faster," Ford of Europe CEO Stuart Rowley said.
Continue Reading the above article 'Ford open to speeding up EV shift in Europe...