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

Ford (F) to spend $270M in rear camera recall

On Friday, Ford (NYSE: F) announced its plan to recall 169,000 vehicles in the United States for the purpose of replacing rearview cameras and performing software updates. To cover the costs associated with this recall, the company is earmarking a charge of $270 million.

According to the National Highway Traffic Safety Administration, the... More

UAW files unfair labor practice charges against GM and Stellantis (STLA) amid contract dispute

On Thursday night, UAW President Shawn Fain announced that the United Auto Workers have submitted allegations of unfair labor practices to the National Labor Relations Board against General Motors (NYSE: GM) and Stellantis (NYSE: STLA). These allegations pertain to the automakers' purported lack of genuine and timely engagement in bargaining with the union.

The filings were prompted by the companies' failure to promptly address the union's requests, as explained by Fain. Notably, there was no complaint filed against Ford Motor (NYSE:... More

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

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

Morgan Stanley said buy Ford (F), GM (GM) amid looming UAW strike

Morgan 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

Today 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