Ford's new F-150 Lightning electric truck has already amassed over 40,000 reservations just two days after its launch.
A fire at a Japanese chipmaker made an ongoing shortage of semiconductors worse, Ford said, warning of a cut in vehicle production.
Ford shares tanked as much as 8.5% in early Wednesday trading, setting the automaker’s market cap to less than one-fourth of Tesla’s soaring valuation. Ford announced quarterly earnings on Tuesday afternoon that fell below analyst estimates. The company also lowered its 2020 profit forecast. The legacy automaker is now worth […]
Tesla gained nearly 5% on Wednesday, bringing its market capitalisation to roughly $US89 billion at the end of trading. That’s about $US2 billion higher than the combined market values of Ford and General Motors at the same time. Earlier this week, Tesla officially became the highest-valued automaker of all time, […]
Goldman Sachs has upgraded Ford to ‘buy’ with a $US12 price target. Analyst David Tamberrino says a refreshed product line and cost improvement could lead to 30% gains. Ford jumped more than 6% following the upgrade – follow the stock live in real-time here. Goldman Sachs has upgraded Ford to […]
Moody’s downgraded Ford‘s bonds to one level above junk status this week – a move that has even the automaker’s biggest fans worried. Adam Jonas of Morgan Stanley writes that there’s still room for Ford to execute on it’s plan – if only he knew what that plan was. Follow […]
Ford, GM, and Fiat Chrysler – the US’s largest automakers – all got a boost Monday following the announcement that the US and Mexico reached an agreement on parts of NAFTA. The new rules could require 75% of a vehicle be sourced from a NAFTA nation, and up to 45% […]
Ford said President Donald Trump’s new tariffs were at least partially responsible for costs increasing by $US480 million in the first quarter of 2018. Despite the unplanned costs, the company still posted earnings that beat analysts expectations. Follow Ford’s stock price in real-time here. President Donald Trump’s recently imposed tariffs […]
Stocks of major automakers sank on Wednesday following a retaliatory response by China that would impose the equivalent of $US50 billion worth of tariffs on US products, including automobiles. The move follows the US government’s release of an initial list of Chinese products that would be subject to roughly $US50 […]
Ford is down 4.47% to $US12.52 after the company guided 2018 earnings below expectations. The company said 2018 adjusted earnings would come in at about $US1.45 to $US1.70 per share. Estimates had placed earnings at $US1.68 per share, according to Bloomberg. Ford is still expanding its lineup of electric vehicles […]
Jim Hackett has been CEO of Ford for three...
Ford shares are trading up 0.95% at $11.73...
Ford's new CEO Jim Hackett took it upon himself...
Ford wants to get into the electric car game...