The Most Expensive Ford Fathom Will Still Cost Under $40,000

Key Points:

• Ford's upcoming Fathom electric pickup is expected to start at $29,945, with top trims reaching the high $30,000 range, aiming to attract both EV and traditional vehicle buyers by offering lower operating costs and advanced digital features.
• Canada remains firm in its trade dispute with the U.S. despite recent midterm election results, with Canadian officials planning further discussions with American counterparts amid ongoing negotiations.
• Toyota reported a 34% increase in operating profits to $7.1 billion and raised its annual earnings forecast, benefiting from a weaker yen, cost-cutting measures, and plans to expand U.S. production, including relocating Tacoma pickup manufacturing back to the U.S.
• Stellantis is extending the production halt at its Fiat 500 plant in Turin, Italy, due to a semiconductor shortage and weak demand, marking the fourth consecutive week of stoppage and raising concerns about the company's ability to resume normal output.
• Following the recent U.S. midterm elections, crude oil prices have dropped nearly $10 per barrel, leading to a slight decrease in national average gasoline and diesel prices, with gas now averaging $4.10 per gallon and diesel $6.26, reflecting market reactions rather than policy changes.