Ford Motor (F) 30-day option implied volatility at 38 into New York Auto Show
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April 4, 2023 12:44 PM EDT
CFRA reiterated a Buy rating and $16.00 price target on Ford Motors (NYSE: F) after the American automaker reported a 10.7% Y/Y increase in 1Q U.S. auto sales. CFRAs adjusted EPS estimates are unchanged.
Garrett Nelson, vice president at CFRA wrote in a note, Ford's U.S.... More
April 4, 2023 12:28 PM EDT
Ford (NYSE: F) reported Tuesday that the automaker sold 456,972 vehicles in the 1Q, an increase of 10.7% compared to the same time last year.
Sales surged across Fords areas of strength, with EVs growing 41.0% in the first quarter on sales of 10,866 electric vehicles. F-150 Lightning sales totaled 4,291 pickups with production capacity actions on track to hit an annual production run rate... More
March 31, 2023 1:53 PM EDT
The U.S. Treasury unveiled Friday stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emission models but grants buyers another two weeks before the new requirements take effect.
The EV battery sourcing guidance issued Friday triggers new requirements for critical minerals and battery components and takes effect for vehicle purchases starting April 18.
The rules are aimed at weaning the United States off dependence on China for EV battery supply chains and part of President Joe Biden's effort to make 50% of U.S. new vehicle sales by 2030 EVs... More
