Ford (F) Trucks partners with Quantron for joint development opportunity

UAW eyes Toyota (TM) as a target for unionization

November 2, 2023 1:54 PM EDT

Leaders at the United Auto Workers (UAW) union signaled Thursday that they intend to further leverage the union's recent achievements in negotiations with the Detroit Three by organizing drives at Toyota (NYSE: TM), Tesla (NASDAQ: TSLA) and other nonunion U.S. auto factories.

Toyota Decided, following the concessions made by... More

Ford (F) monthly EV sales down 9.1% Y/Y following UAW strike

November 2, 2023 9:46 AM EDT

Detroits Ford Motor Co. (NYSE: F) released their sales results for the month of October 2023, reporting a 5.3% drop in total U.S. sales. The report follows a strike by the United Auto Workers (UAW). For nearly six weeks, the union staged walkouts at... More

Ford Motor (F) Total Vehicle Sales for Oct. Declines 5.3%

November 2, 2023 9:11 AM EDT

Ford Motor (NYSE: F) Total Vehicle Sales for Oct. Declines 5.3%

... More

Ford's October US vehicle sales slip

November 2, 2023 9:08 AM EDT

(Reuters) -Ford reported a drop in October U.S. vehicle sales, including in its highly profitable F-series pickup trucks, following a recent United Auto Workers (UAW) union strike at some of its facilities.

The automaker posted a 5.3% drop to 149,938 vehicles in total U.S. sales and a 5.1% decline... More

Ford Snaps Up EV Startup Auto Motive Power to Boost its Charging Tech - TechCrunch

November 1, 2023 4:58 PM EDT

(Updated - November 1, 2023 5:00 PM EDT)

Ford Snaps Up EV Startup Auto Motive Power to Boost its Charging Tech - TechCrunch

Ford is buying and burying Auto Motive Power.Following the deal, Los Angeles-based AMP will cease to exist; Ford will pick up the startups... More

Toyota (TM) to raise wages of US workers following UAW labor deals

November 1, 2023 2:06 PM EDT

Toyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will raise the wages of the companys nonunion U.S. factory workers. The announcement comes just days after the United Auto Workers (UAW) union won major pay and benefits enhancements from Detroit's three biggest... More

Barclays upgrades GM, Ford to Overweight on 'historically cheap valuation'

November 1, 2023 11:14 AM EDT

Barclays upgraded Detroit automakers, General Motors (NYSE: GM) and Ford (NYSE: F) to Overweight ratings (From Equal-weight) as the companies move past the recent six-week long UAW labor strikes.

Barclays analysts suggest that the various challenges facing the business have created "peak pain," resulting in historically low... More

Ford (F) PT Lowered to $8.75 at DZ Bank

November 1, 2023 4:57 AM EDT

DZ Bank analyst Matthias Volkert lowered the price target on Ford (NYSE: F) to $8.75 (from $11.00) while maintaining a Sell rating.... More

Barclays Upgrades General Motors (GM) to Overweight, 'We prefer GM over Ford'

November 1, 2023 2:32 AM EDT

(Updated - November 1, 2023 4:46 AM EDT)

Barclays analyst Dan Levy upgraded General Motors (NYSE: GM) from Equalweight to Overweight with a price target of $37.00.

The analyst comments "We upgrade Ford and GM to OW from EW, as we believe the different pressures... More

Barclays Upgrades Ford (F) to Overweight

November 1, 2023 2:32 AM EDT

Barclays analyst Dan Levy upgraded Ford (NYSE: F) from Equalweight to Overweight with a price target of $14.00.

For an analyst ratings summary and ratings history on Ford click here. For more ratings news on Ford click here.

Shares of Ford closed at $9.75 yesterday.

... More

Ford (F) to bring F-150 Lightning to Switzerland this year

October 31, 2023 3:02 PM EDT

Ford Motor (NYSE: F) announced Tuesday that their popular F-150 Lightning electric pickup truck is coming to Switzerland in limited numbers this year.

Following its introduction to the United States during the 2022 model year, the Ford F-150 Lightning has significantly broadened its global... More

Deutsche Bank says losses may extend but will not derail EV transition

October 31, 2023 1:59 PM EDT

As emerging electric and legacy automakers voice concerns over what appears to be a deceleration of demand for battery electric vehicles, Deutsche Bank research analysts believe the existing BEV losses may extend but will not halt the industrys movement towards an EV transition.

During our IAA conference there was a debate if BEV adoption is slowing. This has now become a full blown concern about a potential EV demand meltdown. Writes Deutsche Bank analysts in a... More

Stellantis says UAW, Unifor strikes will cost carmaker less than U.S. peers

October 31, 2023 11:21 AM EDT

Investing.com -- Milan-listed shares in Stellantis (BIT:STLAM) rose on Tuesday after the Chrysler-owner said it does not expect a prolonged series of strikes at its plants to change the company's profitability and cash goals.

Six weeks of strikes over pay at factories in the U.S. and Canada are due to... More

Toyota (TM) to invest additional $8B in North Carolina EV battery plant

October 31, 2023 11:07 AM EDT

Toyota Motor (NYSE: TM), on Tuesday, announced that the Japanese automaker will make an additional $8B investment alongside the creation of approximately 3,000 new jobs, at its North Carolina electric-vehicle battery production facility.

The investment amplifies the Japanese automaker's efforts to transition... More

Deutsche Bank sees 'no hit' from UAW strike in October

October 31, 2023 10:45 AM EDT

Deutsche Bank research released an Industry update on the current state of the auto industry following the tentative conclusion of a six week long strike by the United Auto Workers against Detroits three biggest car companies, General Motors (NYSE: GM), Ford (NYSE: F), and Chrysler-parent Stellantis (NYSE:... More

Ford (F) PT Lowered to $15 at Morgan Stanley

October 31, 2023 8:11 AM EDT

Morgan Stanley analyst Adam Jonas lowered the price target on Ford (NYSE: F) to $15.00 (from $16.00) while maintaining a Overweight rating.... More