Ford (F) Pro expands commercial charging solutions
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US will offer $12B to automakers and suppliers for the advancement of new energy vehicles
August 31, 2023 12:15 PM EDTU.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
August 31, 2023 10:41 AM EDTFord (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
August 30, 2023 11:28 AM EDTUnifor, 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
Morgan Stanley said buy these two auto stocks amid looming strike
August 29, 2023 10:59 AM EDTWith 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
Morgan Stanley said buy Ford (F), GM (GM) amid looming UAW strike
August 29, 2023 8:53 AM EDTMorgan Stanley analyst Adam Jonas said he would be a buyer of Ford Motor (NYSE: F) and General Motors (NYSE: GM) right now and during the UAS negotiations.
The analyst believes "even a difficult outcome can catalyze far bigger... More
Ford Motor (F) Expands Charging Solutions Revealing New Lineup of Chargers for Commercial Customers
August 29, 2023 8:05 AM EDTToday Ford Pro, the commercial division within Ford Motor Company (NYSE: F), revealed new charging hardware added to its suite of end-to-end solutions to help make it easier for commercial customers to transition their fleets to electric.
The new Series 2 AC Charging Station 80 amp and expanded DC Fast Charger options are designed for commercial vehicle use and packed with new features. Coupled with Ford Pros charging management software, the company provides a fully integrated solution that simplifies EV charging for both Ford and non-Ford electric vehicles.
Were committed to helping... More
Vinfast (VFS) becomes third most valuable carmaker as stock surge continues
August 28, 2023 9:10 AM EDTShares of electric-vehicle maker Vinfast (NASDAQ: VFS) surged as much as 30% in premarket trading on Monday morning, extending last weeks rally that saw the Vietnamese carmaker more than quadruple its market value to $160 billion.
A premarket share price of $90.55 indicated that the stock was headed towards increasing its market capitalization by nearly $50 billion.... More
Ford Motor (F) call put ratio 1 call to 1.7 puts
August 25, 2023 10:58 AM EDTFord Motor (NYSE: F) 30-day option implied volatility is at 32; compared to its 52-week range of 27 to 588 into their current union contracts end on September 14.
... More
