Ford Motor (F) option implied volatility amid union contract talk headlines
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Ford (F) delays European Explorer production
September 5, 2023 8:03 AM EDTOn Monday, Ford Motor (NYSE: F) shared that they're pushing back the production of their long-awaited Explorer SUV in Cologne by about six months. The reason behind this move, as explained by Ford's Germany chief, is to wait for the new generation of Volkswagen battery tech to become available.
The... More
Ford (F) to spend $270M in rear camera recall
September 1, 2023 1:41 PM EDTOn 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
September 1, 2023 7:34 AM EDTOn 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
