Ford is calling its new EV production system a “Model T moment,” but in reality, it's a high-stakes race to catch Tesla and China’s EV giants. Can this legacy titan truly reinvent itself before the ...

Everyone with even a passing interest in cars knows that the Ford Model T pretty much started it all, so when the company's current CEO, Jim Farley, declares that a “new Model T moment” is ahead, it's ...

Ford’s CEO calls its new EV a “Model T moment,” a claim that suggests a revolution in affordability. We analyze if a low-cost, LFP-powered car can truly live up to the legacy of the car that put the ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

During its second-quarter earnings call, Ford CEO and delivery man Jim Farley announced that the company would reveal its long-awaited cheap EV platform on August 11. And as we predicted when we first ...

Ford introduced the Model T way back in 1908, and production continued for nearly two decades before finally coming to an end in 1927. Engines of this era, even four-cylinder engines like the unit ...