Ford Motor announced that it is postponing the launch of its new three-row electric vehicle (EV), citing the need for further development in the consumer market for EVs.
The carmaker had initially aimed to introduce the new EV in 2025 but has now pushed back the launch to 2027.
Despite the delay, Ford reaffirmed its commitment to producing the vehicle at its Oakville Assembly Plant in Canada.
This plant is undergoing a transformation from gas-vehicle production to becoming an EV manufacturing facility.
Shift to hybrids
The decision comes amid a significant increase in EV sales for Ford during the first quarter of this year, with a notable 86% jump as the company scaled up production.
This delay allows Ford to take advantage of the evolving landscape of the EV market, ensuring that its new offering is aligned with consumer preferences and industry trends.
By postponing the launch, Ford aims to deliver a competitive and compelling EV that meets the evolving needs and expectations of customers.
The company’s decision underscores its commitment to staying at the forefront of electric mobility while also ensuring the success of its future EV offerings.
Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.
Trump administration investigates Fed Chair Powell, raising concerns over political pressure on monetary policy and economic stability.
The Trump administration has launched a criminal investigation into Federal Reserve Chair Jerome Powell, dramatically escalating tensions between the White House and the central bank.
The probe centres on Powell’s testimony over a controversial renovation of the Federal Reserve’s headquarters, raising alarm over whether political pressure is being applied to monetary policy decisions.
The move has sparked fierce debate in Washington, with critics warning it could undermine investor confidence and destabilise economic expectations.
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White House considers Iranian nuclear talks proposal amid rising tensions, balancing military options with diplomacy.
The White House is considering an Iranian proposal to restart nuclear talks, opening the door to a possible diplomatic breakthrough after months of rising tension. The move signals that negotiations may still be on the table, even as uncertainty dominates Washington’s next steps.
President Trump has indicated talks could be on the horizon, but he is also openly weighing strong military options. That dual-track approach highlights the high stakes of the moment and the pressure on US leadership to balance deterrence with dialogue.
Trump is expected to meet with senior aides to discuss strategy and decide the best course of action on Iran, as global markets and allies closely watch every signal coming from the administration.
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In Short:
– Sendle has unexpectedly ceased operations, leaving small businesses without courier services and cancelled pickups.
– Customers are frustrated and searching for alternatives, while competitor firms are reaching out to fill the gap.
Aussie courier service Sendle has ceased operations unexpectedly, affecting many small businesses that relied on its services. Announced via email on January 11, the company warned customers that existing parcels would be delivered at the “discretion of the delivery partner.”
Additionally, all scheduled pickups from January 12 were cancelled.
Customers have been left confused and frustrated, lacking guidance on how to fulfill orders.
Sendle expressed regret for the disruption but did not provide a detailed explanation for the closure. A banner on their website confirmed the halt in services, with social media accounts disabled and customer inquiries no longer being monitored.
The shutdown comes as Sendle had recently merged with US logistics firms to create FAST Group, but that merger has now reportedly unraveled due to financial issues.
Small business owners, many of whom had turned to Sendle for better pricing compared to competitors like Australia Post, are now scrambling to find alternative delivery options.
Unexpected Closure
Many business owners shared their experiences on social media, highlighting the immediate need to find new courier services. One owner reported significant losses and mentioned having to repackage orders that were scheduled for shipment.
The collapse of Sendle has raised concerns about job losses, though the company has not disclosed the number of affected employees.
Competitors have begun reaching out to small businesses in response to the demand created by Sendle’s sudden exit from the market.
Aramex Australia says it “is aware that Sendle has halted all bookings for parcel pick-ups and deliveries in Australia with immediate effect. Aramex recognises that this development may create uncertainty for businesses that rely on Sendle to ship their goods.”
“While Aramex cannot comment on the specific circumstances surrounding Sendle’s operations, we are ready to support e-comm and B2B businesses that are seeking an alternative courier partner moving forward. Aramex has the infrastructure, global network, national coverage and local franchise expertise in place to assist customers who need ongoing delivery services without disruption. Our priority is providing certainty, reliability and continuity of service for Australian businesses.”
“Sendle is a tech platform that has enabled business customers to book courier services. Aramex has a long history of delivering for Sendle customers. Aramex operations continue as normal, providing reliable courier services to our customers.”