Ford is setting an unusually ambitious target for its upcoming affordable electric pickup. The automaker is aiming to sell more than 100,000 examples of the new Ford Fathom during its first year of production, according to The Wall Street Journal, citing people familiar with the company’s plans. The Fathom is expected to start at around… read more

Car buyers and owners had plenty to watch this week, with several major safety recalls, encouraging signs in the used-car market, stubbornly high new-car prices, and another major automaker making a bigger bet on hybrids. Among the biggest developments, wholesale used-car prices continued to retreat from their spring highs, Hyundai outlined a major expansion of… read more