Ford Motor earnings missed by $0.11, revenue topped estimates
Investing.com - Ford Motor (NYSE: F) reported fourth quarter EPS of $0.51, $0.11 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $44B versus the consensus...
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Midday movers: General Motors, McDonald's, Pfizer and more
By Liz Moyer Investing.com -- Stocks were moving higher as tech stocks led the gains, aiming to close out January on a high note. Here are the midday movers for Jan. 31. General Motors...
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Warren Buffett backed EV maker BYD in talks to acquire insurer Yi'an
By Michael Elkins BYD (OTC:BYDDY), the Chinese electric vehicle company, announced on Tuesday that the Warren Buffett backed automaker is working on a potential acquisition of Yi'an P&C...
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Analysis-GM goes slow on EVs as rivals fight a price war
By Joseph White and Paul Lienert DETROIT (Reuters) - General Motors (NYSE:GM) Chief Executive Mary Barra is betting that moving more slowly than Tesla (NASDAQ:TSLA) or Ford (NYSE:F) to...
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Ford to cut prices of Mustang Mach-E, following Tesla's lead
By David Shepardson and Aishwarya Nair (Reuters) -Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle, weeks after rival Tesla...
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Tesla to offer additional discounts and supercharging incentives
By Michael Elkins A story by teslarati.com reports today that Tesla (NASDAQ:TSLA) is now offering an additional $3000 discount or 3 years of free Supercharging incentives with the purchase...
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Ford to cut prices while 'significantly' increasing Mach-E production amid Tesla cuts
By Michael Elkins Ford (NYSE:F) announced Monday morning that the American vehicle maker will “significantly” increase production of their Mustang Mach-E this year to help reduce customer...
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Morgan Stanley bullish as Tesla ushers in the 'Great EV Deflation'
By Michael Elkins Morgan Stanley reiterated an Outperform rating and $220.00 price target on Tesla (NASDAQ:TSLA) as the electric vehicle giant's recent price cuts usher in, what MS analysts...
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GM, Ford must convince investors they can profit as prices fall
DETROIT (Reuters) - General Motors Co (NYSE:GM) and Ford Motor (NYSE:F) Co are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports...
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Tesla's FSD falls in Consumer Reports ratings
By Michael Elkins Consumer Reports announced Wednesday that Tesla's (NASDAQ:TSLA) Full Self-Driving (FSD) system has fallen in the rankings of 12 driver assistance programs evaluated by the...
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Ford to cut up to 3,200 European jobs, union says, vowing to fight
By Victoria Waldersee and Christina AmannBERLIN (Reuters) -Ford Motor Co plans to cut up to 3,200 jobs across Europe and move some product development work to the United States, Germany's IG...
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Ford to cut 3,200 European jobs; union vows to fight
By Michael Elkins Germany's IG Metall union announced Monday that Ford plans to cut up to 3,200 jobs across Europe and move some product development work to the United States. The union...
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Tesla Market Value Debate Rages On: Is It a Tech or Car Company?
(Bloomberg) -- Wall Street is revisiting the key question when it comes to figuring out how much Tesla (NASDAQ:TSLA) Inc. is really worth: Is it a stodgy automaker or a high-growth...
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Ford trades up on positive EV sales report
By Michael Elkins Ford (NYSE:F) is up 0.83% in pre-market trading on Thursday following the release of the company’s December EV sales results. The American automaker reportedly sold 7,823...
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Ford hikes price of cheapest F-150 electric truck variant to nearly $56,000
(Reuters) - Ford Motor (NYSE:F) Co has raised the price of the cheapest variant of its F-150 Lightning electric truck by 9% to $55,974, the company's website showed on Thursday. The...
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Ford adds third work crew at Dearborn assembly plant
By Michael Elkins Ford Motor Company (NYSE:F) announced Tuesday that they have decided to add a third work crew at the company’s assembly plant near Detroit as the automaker boosts...
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Ford F-150 Lightning EV wins MotorTrend’s 2023 truck of the year
By Michael Elkins Ford's (NYSE:F) F-150 Lightning electric truck was named the 2023 MotorTrend truck of the year on Tuesday, topping traditional pickups with internal combustion engines from...
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Vale to Separate Base Metals Business and Sell Stake by Mid-2023
(Bloomberg) -- After several years of deliberations, iron ore giant Vale SA (NYSE:VALE) is finally laying out a path for unlocking value from its nickel and copper business as demand for the...
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Ford '23MY retail orders up 104%; F-150 Lightning and E-Transit remain No. 1 truck and van
By Michael Elkins Shares of Ford (NYSE:F) are down 1.35% in early trading on Friday after the American automotive company released its November sales report. Ford sold 146,364 vehicles in...
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Morgan Stanley bullish on Tesla heading in to 'disappointing year for EVs'
By Michael Elkins Shares of electric vehicle maker, Tesla (NASDAQ:TSLA) are up 0.28% in pre-market trading Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price...
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Ford builds 150,000th Mustang Mach-E
By Michael Elkins Ford (NYSE:F) announced Wednesday that the company has produced its 150,000th Mustang Mach-E since starting production nearly two years ago. As the company scales EV...
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Ford recalls 634,000 vehicles worldwide
By Michael Elkins Ford (NYSE:F) announced Thursday that the American automaker is recalling 634,000 SUVs worldwide over fire risks from possible cracked fuel injectors and will urge owners...
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Ford must bring more work in-house to preserve jobs - CEO
By Joseph White DETROIT (Reuters) - Ford Motor (NYSE:F) Co Chief Executive Jim Farley said on Tuesday the automaker will need to build more components for electric vehicles in its own...
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Ford opens highly anticipated new dealership in north Texas
By Michael Elkins Ford announced today that they have officially opened the doors at a new dealership location in Northern Texas. The highly anticipated site is located on 18 acres of prime...
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Wolfe downgrades General Motors, sees limited near-term upside
By Senad Karaahmetovic Wolfe Research analysts revisited the firm’s auto coverage after recent earnings reports. The analysts also used the opportunity to cut the rating on General...
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Ford's EV guru Field talks bottlenecks and opportunities
By Paul Lienert (Reuters) - An inadequate charging network and insufficient access to battery raw materials are critical bottlenecks that could shackle demand for electric vehicles,...
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Ford Releases October Sales Numbers: EV Segment Jumps 2.2% YoY
By Michael Elkins Shares of Ford Motor Company (NYSE:F) are down 1.04% in early trading on Wednesday after the company released their sales numbers from the month of October. The American...
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U.S. automaker Ford opens $260 million campus in Mexico
MEXICO CITY (Reuters) - U.S. automaker Ford Motor (NYSE:F) Co opened its new global technology and business center on the outskirts of Mexico's capital on Monday after a $260 million...
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Ford Reports Mixed Results, Shuts Down Argo; Analysts Positive on Strategy
By Senad Karaahmetovic Shares of Ford Motor (NYSE:F) are down 2% after the carmaker reported mixed Q3 results. Ford reported a Q3 {{erl-255||EPS of $0.30 on revenue of $39.4 billion. This...
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Ford Motor Earnings miss, Revenue beats In Q3
Investing.com - Ford Motor (NYSE:F) reported on Wednesday third quarter {{erl-255||earnings that missed analysts' forecasts and revenue that topped expectations. Ford Motor announced...
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Ford Motor Q3 EPS Miss Estimates, While Revenue Beats, Shares Down 2%
By Davit Kirakosyan Ford Motor Company (NYSE:F) reported its{{erl-255|| Q3 results, with EPS of $0.30 coming in worse than the consensus estimate of $0.32, while revenue of $39.4 billion (up...
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Ford Motor Misses Q3 EPS by 2c, Revenue Beats; Raises FCF Outlook
Ford Motor (F) reported Q3 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $39.4 billion versus the consensus estimate of $37.75...
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