Ford Pro Expands Charging Solutions Revealing New Lineup of Chargers for Commercial Customers

US will offer $12B to automakers and suppliers for the advancement of new energy vehicles

U.S. Secretary of Energy, Jennifer Granholm held a briefing with journalists Thursday where the former governor announced the United States will be making $12 Billion in funds available through grants and loans to automakers and their suppliers for the purpose of retrofitting facilities to produce electric and other advanced vehicles.

The funding will include $10 billion from a federal loan program for clean vehicles and aims to support... More

Ford (F) recalls 42K trucks over defect in axle shaft

Ford (NYSE: F) has issued a recall for nearly 42,000 2023 Super Duty F250 and F350 trucks after a mechanical issue was found affecting the vehicles rear axle shaft.

According to documents from the National Highway Traffic Safety Administration (NHTSA) the left rear axle shaft on affected models "may have been improperly heat-treated"... More

Canada's Unifor targets Ford (F) in Detroit 3 labor talks

Unifor, Canadas largest private union, announced this week that the labor force has selected Ford Motor Company (NYSE: F) as their target in its negotiations with the Detroit Three.

Talks began with the car manufacturers, including General Motors (NYSE: GM) and Stellantis (NYSE: STLA), on August 10th. But on August 29th, Unifor... More

Ford (F) Pro expands commercial charging solutions

Ford Pro, the commercial arm of Detroits Ford Motor Co. (NYSE: F), revealed new charging equipment Tuesday, that will be added to its suite of end-to-end solutions. The new hardware is designed to help make it easier for commercial customers to transition their fleets to electric.

Were committed to helping businesses make the transition to electric easy, said... More

Morgan Stanley said buy these two auto stocks amid looming strike

With the impending expiration of UAW contracts on September 14th, the anticipation of a more 'contentious' bargaining process has intensified due to several contributing factors.

Factors surrounding exceptionally elevated inflation rates, rhetoric from new UAW leadership, notably favorable margins for the Detroit Three (Ford, General Motors and Stellantis) in the current cycle, and a wide array of recent instances that have set precedent for union contract discussions across adjacent manufacturing and service sectors in the United States.

With the chance of a UAW strike more likely than in recent years, Morgan Stanley analyst, Adam Jonas believes... More