Ford (F) reports 456,972 U.S. vehicle sales in 1Q to become America’s best selling brand

U.S. EPA to propose new vehicle emission cuts, expects big EV push

April 6, 2023 1:22 PM EDT

According 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 EDT

American 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 EDT

The 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 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

CFRA Reiterates Buy Rating on Ford (F) Following Q1 Sales Numbers

April 4, 2023 12:22 PM EDT

CFRA analyst Garrett Nelson reiterated a Buy rating and $16.00 price target on Ford (NYSE: F) following Q1 sales data.

The analyst commented, "We maintain our 12-month target of $16, based on a '24 P/E of 8.2x and in line with F's five-year average forward P/E. Our adjusted EPS... More

Ford's quarterly US auto sales jump 10.1% on pent-up demand, easing supply

April 4, 2023 9:20 AM EDT

By Nathan Gomes

(Reuters) -Ford Motor Co posted a 10.1% rise in first-quarter U.S. auto sales on Tuesday, fueled by pent-up demand for electric vehicles, SUVs and trucks amid easing supply chain disruptions.

The Detroit automaker joins other global rivals in reporting a rise in sales, as the industry was able to get more of their vehicles to dealers and customers on time in the quarter.

Automakers are reporting upbeat... More

Ford Motor (F) US 1Q Sales Increase 10.1% - Bloomberg

April 4, 2023 9:16 AM EDT

Ford Motor (NYSE: F) US 1Q Sales Increase 10.1% - Bloomberg

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Ford Motor (F) says it is on path to reach its targeted annual production run rate of 600,000 EVs by the end of 2023 and more than 2 million by the end of 2026

April 3, 2023 9:03 AM EDT

Today, Ford releases its 2023 Integrated Sustainability and Financial Report, detailing the companys progress on its commitment to create a more sustainable, inclusive and equitable transportation future.

Building on more than two decades of leadership in sustainability reporting, the report shares new data that shows Ford on track to achieve carbon neutrality no later than 2050 across its vehicles, operations and supply chain. It also highlights progress on initiatives aligned with the companys commitment to source raw materials that are responsibly produced and make its EV and battery supply chain more transparent.

We believe the long-term success... More

Ford Motor (F) 30-day option implied volatility at 37

April 3, 2023 4:50 AM EDT

Ford Motor (NYSE: F) 30-day option implied volatility is at 37; compared to its 52-week range of 33 to 588 into BofA Securities 2023 Automotive Summit and start of New York Auto Show on April 7.

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Stricter EV tax credit rules to take effect on April 18

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

Ford Motor (F) 30-day option implied volatility at 38 into New York Auto Show

March 31, 2023 10:42 AM EDT

Ford Motor (NYSE: F) 30-day option implied volatility is at 38; compared to its 52-week range of 33 to 588 into start of New York Auto Show on April 7.

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