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Ford Motor Company Q3 Earnings Preview: UAW Strike Impact, Electric Vehicles, Margins And More
Wednesday, October 25, 2023 - 2:22pm | 924Automaker Ford Motor Company (NYSE:F) is set to report third-quarter financial results after market close Thursday, Oct. 26. Here's a look at the earnings estimates, what analysts are saying and key items to watch. Ford Earnings Estimates: Analysts expect Ford to report third-quarter revenue of $41...
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UAW President Says Tesla Is Not The Enemy In Auto Strikes: 'They're The UAW Members Of The Future'
Wednesday, October 18, 2023 - 3:11pm | 882An ongoing battle between the United Auto Workers union and the big three Detroit automotive companies continues to trigger work stoppages and potential trouble to revenue and profits for those affected. In the latest developments, the UAW president shared potential future plans and concerns...
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Bill Ford's Plea To End UAW Strike, Analysts See Near-Term Buying Opportunity On US Automaker Stocks
Monday, October 16, 2023 - 5:01pm | 711Bill Ford, the executive chair of Ford Motor Co (NYSE:F), warned Monday the potential impact of the continuing strike threatens not only Ford’s future but also that of the wider American automotive industry. During a press conference at the company’s Rouge Complex in Detroit, Ford, who...
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Ford's 92-Year-Old Cologne Assembly Plant Embraces Green, Electric Future
Tuesday, June 13, 2023 - 6:26am | 463Ford Motor Co (NYSE:F) reopened its assembly plant in Cologne as the Ford Cologne Electric Vehicle Center on Monday. What Happened: The plant will be the automaker’s first carbon-neutral plant worldwide with about 1400 robots and smart machines working alongside people. “We've built...
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Ford Takes First Steps To Restore Detroit's Auto Industry Legacy With New Michigan Central Station Reveal
Wednesday, April 26, 2023 - 7:53am | 655Michigan Central Station in Detroit began service over a century ago. Two decades later, the once popular station was abandoned until 2018 when Ford Motor Co (NYSE:F) acquired it and the area surrounding it. Since then: The company also purchased the former Detroit Public Schools Book Depository,...
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5 Things You Might Not Know About Ford CEO Jim Farley
Tuesday, November 1, 2022 - 9:44pm | 890On Oct. 1, 2020, Jim Farley became the 11th CEO in the history of Ford Motor Company (NYSE: F). Farley is experienced in the automotive industry and has family ties to Ford. Here are five things you might not know about Ford's CEO. 1. Farley Is An Auto Industry Vet: Jim Farley spent time from...
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How Important Are Electric Vehicles To Ford? This Exec Says They Can 'Revive' Automaker
Tuesday, September 6, 2022 - 12:38pm | 555Legacy automotive company Ford Motor Company (NYSE: F) has been around for 120 years. The company now has its eyes set on growth through electric vehicles. One executive is laying out the case for how important the transition is for the future of the company. What Happened: Ford has launched...
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Bill Ford Says F-150 Lightning 'Most Important' Launch Of His Career
Tuesday, April 26, 2022 - 5:36am | 438Ford Motor Co (NYSE: F) Chairman Bill Ford sees the F-150 Lightning truck as a better and more capable successor to its traditional variant and called it the “most important” launch of his career in an interview with The Detroit News on Monday. What...
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Ford Announces Separation Of Legacy Auto and EV Businesses To Give 'Startup Speed'
Wednesday, March 2, 2022 - 10:27am | 834After weeks of speculation, Ford Motor Company (NYSE: F) confirmed it is taking steps to unlock value of its EV business and improve operational efficiency, while also scaling EV manufacturing. What Happened: Ford said on Wednesday it will create distinct EV and internal combustion businesses in a...
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Why Jim Cramer Is Telling Investors To 'Buy It Right Here' When It Comes To Ford Stock
Monday, January 24, 2022 - 2:47pm | 291Having fallen more than 20% over the last week, Ford Motor Co (NYSE: F) has drifted into buying territory, according to Jim Cramer. "We aren't adding to our position today because we already own so much Ford, but we think the price has gotten attractive," Cramer said Monday in a...
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Ford Chairman Bill Ford Acquires Another 2 Million Shares In The Automaker
Thursday, December 9, 2021 - 5:43am | 281Ford Motor Co (NYSE: F) Chairman William Clay Ford Jr, popularly known as Bill Ford, exercised stock options to buy nearly 2 million shares of the company, according to a regulatory filing. What Happened: Bill Ford, who is the great grandson of founder Henry Ford, acquired 1,923,238 shares for...
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Why Ford Shares Are Rising Today
Tuesday, September 28, 2021 - 8:43am | 256Ford Motor Co (NYSE: F) is trading higher Tuesday after the company announced plans to bring electric vehicles at scale to American customers with two new campuses in Tennessee and Kentucky. The Tennessee and Kentucky campuses are expected to produce the next generation of electric F...
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Ford Unveils F-150 Lightning Priced Starting $40,000, Elon Musk Congratulates Company On 'Embracing An Electric Future'
Thursday, May 20, 2021 - 3:20am | 693Ford Motor Co (NYSE: F) on Wednesday launched the F-150 Lightning, the electric version of its most profitable and popular pickup truck, at a ticket price of $39,974 onwards for the base model and a range of 230 miles. What Happened: Ford has started accepting bookings for the...
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Ford Sells Stake In Velodyne Lidar: Could Automaker Be Looking Elsewhere For Autonomous Tech?
Tuesday, February 16, 2021 - 4:03pm | 489Ford Motor Company (NYSE: F), an investor in Velodyne Lidar Inc (NASDAQ: VLDR), which went public in a 2020 SPAC merger, has sold its stake for a profit. What Happened: Ford sold its stake in Velodyne Lidar after seeing a large gain from the company going public, according to ...
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How Ford, GM And Chrysler Are Producing A New Arsenal To Help Fight COVID-19
Tuesday, March 24, 2020 - 9:27am | 763Automakers across the nation are complying with state lockdowns, but their factories aren’t sitting idle. With the blessing of the Trump Administration, previously non-essential operations have been repurposed to produce critical items in the COVID-19 fight. Benzinga is covering every angle...