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

U.S. House votes to pause Biden EV regulations

The Republican-led House of Representatives, on Wednesday, voted to prevent the Biden administration from implementing strict regulations on vehicle emissions, which aimed to have 67% of new vehicles powered by electricity by 2032.

"While EVs may play a large role in the future of the auto industry, Washington should not discount other technologies like... More

Over 1,000 VW workers sign union cards in Tennessee

The United Auto Workers (UAW) union revealed Thursday that more than 1,000 Volkswagen factory workers at the automakers Chattanooga, Tennessee assembly plant have signed union authorization cards.

The news follows an announcement last week where the union said that they would launch a first-of-its-kind push to publicly organize the entire nonunion auto sector in the U.S. A push energized by record contract negotiations with the Detroit Three automakers.

The UAW said last week that when 30% of employees in a nonunionized facility sign cards expressing their... 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 says unlikely Mustang Mach-E EV will qualify for US federal tax credits in January

By David Shepardson and Ben Klayman

(Reuters) -Ford Motor said on Wednesday it is unlikely Mustang Mach-E electric vehicles currently in dealer showrooms will qualify for federal tax credits beginning in January.

The U.S. Treasury issued guidance last week detailing new battery sourcing restrictions that take effect Jan. 1 aimed at weaning the U.S. EV supply chain away from China. The current model Mach-E currently qualifies for a $3,750 federal tax credit.

Ford said it was still reviewing if its F-150 Lighting EV truck will... More

Ford (F) option implied volatility as share price up 2.5%

Ford (NYSE: F) 30-day option implied volatility is at 27; compared to its 52-week range of 26 to 587 as share price up 2.5%.

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

Ford commercial unit, Xcel Energy partner up to install 30,000 EV charging ports

(Reuters) - Ford's commercial unit will collaborate with utility firm Xcel Energy to install 30,000 electric vehicle (EV) charging ports across the U.S. by 2030, the companies said on Tuesday.

The companies, which did not reveal any financial details on the partnership, said they would work together within Xcel's... More

Midday movers: CVS Health, Apple, and more

(Updated - December 5, 2023 12:14 PM EST)

Investing.com Main U.S. indexes were mixed on Tuesday. Data on job openings in October hinted at easing of labor demand, fueling hopes the Fed would consider lowering interest rates before the middle of next year, but investors were cautious ahead of Fridays official November payrolls number.

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

Take-Two Interactive Software (NASDAQ: TTWO) stock fell 1.8% after the video game company released the first trailer for its highly-anticipated "Grand Theft Auto VI" title, saying it... More

Ford Motor (F) and Xcel Energy (XEL) Collaborate to Support Installation of 30,000 EV Charging Ports for Business Fleets by 2030

Today, Ford Pro, the commercial division within Ford Motor Company, and Xcel Energy, a national leader in clean energy, announced a unique collaboration to support the deployment of 30,000 electric vehicle (EV) charging ports in Xcel Energy service territories across the U.S. by 2030 with most upfront costs offset by Xcel for qualifying business fleet customers1.

Ford Pro and Xcel Energy are launching the 30x30 initiative within Xcel Energys broader Electric Vehicle Supply Infrastructure (EVSI) program to scale EV adoption and increase access to charging infrastructure for business fleets across Xcel Energys service areas in the... 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 (F) reports decline in U.S. sales in November

Ford Motor (NYSE: F) reported Monday a 0.5% decrease in U.S. new vehicle sales for November. This decline comes as the Detroit automaker is focused on resuming operations in crucial plants following a prolonged workers' strike, impacting overall vehicle production.

In late October, Ford successfully negotiated a... 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.