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Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.

The automaker has placed a bet on electric vehicles, but it has struggled to produce and sell the vehicles in large numbers.

A tax benefit boosted quarterly earnings, but that masked a decline in earnings from carmaking caused by intensifying competition.

Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.

The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.

The Federal Communications Commission is concerned about abusive partners using connected car apps to harass and track their victims.

Automakers sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from higher interest rates.