Ford (F) reports decline in U.S. sales in November

Ford (F) says Mach-E unlikely to qualify for tax credits in January

Ford Motors (NYSE: F) revealed Wednesday that their Mustang Mach-E electric vehicles currently occupying dealership lots are unlikely to meet the criteria for federal tax credits starting in January.

Recent guidance from the U.S. Treasury outlined fresh limitations on battery sourcing set to take effect on January 1st. These restrictions aim to steer the U.S. EV supply chain away from dependence on... More

Deutche Bank releases their top auto picks for 2024

Deutsche Bank recently unveiled its top selections in the automotive sector for 2024, reflecting a mixed year with positive strides and persistent challenges. Despite the positive momentum in volume recovery and encouraging trends in EV adoption, the industry faced hurdles such as the enduring impact of a lengthy UAW strike and fluctuating EV adoption rates due to pricing uncertainties and tax credit fluctuations.

The analysts at Deutsche Bank are cautious about the upcoming year, citing uncertainties in the economic outlook for both Europe and the US. They anticipate a scenario where global automotive volumes either plateau or decline, offering... More

Ford (F) teams with Xcel (XEL) to install 30k EV Charging stations

Fords (NYSE: F) commercial division on Tuesday announced a partnership with utility company Xcel Energy (NASDAQ: XEL) to deploy 30,000 electric vehicle (EV) charging stations throughout the United States by 2030.

The partnering companies opted not to disclose financial specifics regarding... More

Who should buy Renault?

Purchasing Renault at its 10 billion market cap would essentially pay for itself. With the company boasting 7 billion in net cash and a Nissan stake valued at 6.6 billion, these assets alone exceed what any potential buyer would require to justify the current market price.

Comparatively, both Stellantis (NYSE: STLA) and Volkswagen hold reserves far exceeding the value of Renault on their balance sheets. In fact, Renault itself possesses enough financial power to buy itself and transition into a private entity. This situation highlights two critical concerns: firstly, the underestimation of long-term risks in the automotive... More

Ford's November US vehicle sales slip, EV sales rise

(Reuters) -Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked to restart some of its key plants following a lengthy workers' strike that impacted vehicle production.

However, sales of Ford's electric vehicles such as its F-150 Lightning pickup... More

Ford Motor (F) Nov. U.S. Vehicle Sales Decline 0.5%

Ford Motor (NYSE: F) Nov. U.S. Vehicle Sales Decline 0.5%

HSBC Starts Ford (F) at Hold

HSBC analyst Wesley Brooks initiates coverage on Ford (NYSE: F) with a Hold rating and a price target of $11.30.

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 $10.58 yesterday.

Ford Motor (F) option implied volatility into November sales data

Ford Motor (NYSE: F) 30-day option implied volatility is at 26; compared to its 52-week range of 26 to 577 into November sales data.

U.S. to impose limitations on Chinese battery content for EV tax credits

U.S. President Joe Biden and his administration released guidance on Friday that will impose restrictions on Chinese content allowed in batteries qualifying for electric vehicle (EV) tax credits beginning next year.

In a victory for automakers, the U.S. Treasury is set to provide a temporary exemption for certain essential trace minerals from recently imposed stringent regulations that restrict materials originating from China and other nations labeled as "Foreign Entity of Concern"... More

Ford (F) executives target changes in cost and quality

Executives at Ford (NYSE: F) revealed Thursday that the Detroit automaker is intensely focused on cost reduction strategies spanning commodities, labor, warranties, and the design of its upcoming third-generation electric vehicles.

"We're focused on making meaningful changes in cost and quality" over the next year or two, Said CFO John... More

Midday movers: Snowflake, Salesforce, and more

(Updated - November 30, 2023 12:12 PM EST)

Investing.com -- Main U.S. indexes were mixed on Thursday after inflation and jobs data didnt change investors' opinion on the timing of Fed rate cuts. The Dow Jones Industrial Average climbed 0.8%, with gains led by Salesforce. Nasdaq slumped 0.7%, and the S&P 500 was down 0.1%.

Here are some of the biggest U.S. stock movers today:

Snowflake (NYSE: SNOW) stock rose 5% after the data warehousing company impressed with its... More

Ford pegs cost of UAW labor deal at $8.8 billion, cuts annual profit view

By Nathan Gomes

(Reuters) -Ford Motor on Thursday pegged the cost of a new labor deal at $8.8 billion and joined rival General Motors in cutting its full-year profit forecast due to lost production from a lengthy strike at its U.S. plants.

The deal with the United Auto Workers (UAW) union, reached after weeks of tense negotiations, will add about $900 in labor costs per vehicle by 2028. Ford said it would work to offset that by cutting costs elsewhere.

The automaker now expects adjusted earnings before interest and taxes (EBIT) of $10 billion to $10.5 billion for 2023, down from... More

Ford Motor (F) stock pops on reinstated outlook, new UAW deal expected to cost $8.8 billion

Ford (NYSE: F) has reinstated its 2023 financial guidance, still anticipating adjusted Ebit in the range of $10.0 billion to $10.5 billion.

As a result, shares rose modestly in pre-market Thursday trade.

The Michigan-based automaker also disclosed that the new U.S. labor... More

Ford Motor (F) Reinstates Forecast, Sees FY Adj EBIT $10b-$10.5B

Ford (NYSE: F_ has a new, post-strike outlook for full-year 2023 operating results and absolute confidence in and commitment to the long-term potential of its Ford+ plan to generate growth and value.

Those are the primary messages that Ford CFO John Lawler will deliver in remarks this morning at the... More