Ford CEO Jim Farley says making vehicles more affordable must be a priority for the industry, and he told CBS News in an exclusive interview Friday that his company is taking steps to do just that.

In an expensive age, automakers should make cheaper vehicles. The average cost of a used vehicle as of October increased to nearly $26,000, according to Kelley Blue Book. Many people who finance ...

Despite being mocked as a "legacy" carmaker, GM has risen to the top of the EV market and is the undisputed leader of the Vehicle-to-Home segment. The carmaker sold more than 246,000 EVs with ...

High-tech features are making vehicles more expensive and difficult to repair, putting pressure on already strained car owners and posing an existential crisis for mom-and-pop mechanics, analysts and ...

Ford is rethinking how the cars it builds comes together at the factory. That’s news enough, but there’s more: The Blue Oval’s manufacturing rethink could reshape not just factory floors but also what ...