Ford's quarterly US auto sales jump 10.1% on pent-up demand, easing supply
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U.S. EPA to propose new vehicle emission cuts, expects big EV push
April 6, 2023 1:22 PM EDTAccording to a Reuters report Thursday, the U.S. Environmental Protection Agency is set as early as next week to propose new rules to spur sweeping cuts in vehicle emissions. The new rules are expected to cover the 2027 through 2032 model years and will push automakers to dramatically expand electric... More
Ford (F) unveils new EV courier van aimed at European markets
April 6, 2023 7:44 AM EDTAmerican automaker, Ford Motor Company (NYSE: F) unveiled a new electric Courier van aimed at winning business customers in Europe, and boxing out electric van startups.
The electric Courier, which will launch next year, is part of a revamped lineup of smaller,... More
UK EV sales reach record highs in best month ever
April 5, 2023 9:00 AM EDTThe Society of Motor Manufacturers and Traders (SMMT) released data Wednesday that showed new car registrations jumped to 287,825 units as supply chain challenges continued to ease, making the first quarter of 2023 the strongest three-month period since 2019. Battery electric vehicle (BEV) sales reached a record monthly high of 46,626, representing 18.6% year-on-year... More
CFRA remains bullish on Ford (F) as the company reports 'a strong start in '23'
April 4, 2023 12:44 PM EDTCFRA 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
Ford (F) reports 456,972 U.S. vehicle sales in 1Q to become America’s best selling brand
April 4, 2023 12:28 PM EDTFord (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
