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Tag: ford


Industry Focus Areas, Motorized Vehicle

Tesla is a ‘tech on wheels’ company, and that gives it room to run, trader says

September 9, 2020

Via: CNBC

Tesla may be down 30% in the past week, but don’t count the stock out, says Ascent Wealth Partners managing director Todd Gordon. The value of the stock, a frequent focus in the bull-bear debate, depends on how an investor […]


Industry Focus Areas, Motorized Vehicle

Ford tells employees buyouts are coming as it aims to cut white collar workforce by roughly 1,400

September 2, 2020

Via: CNBC

Ford Motor told employees Wednesday that it plans to trim its white collar workforce with buyouts for some salaried workers, according to an internal memo seen by CNBC. The company is hoping to voluntarily eliminate at least 1,400 jobs, spokesman […]


Industry Focus Areas, Motorized Vehicle

Why so many police cars are Fords

August 3, 2020

Via: CNBC

The Ford Motor Company is the second largest U.S. automaker, but the largest seller of police vehicles. Ford controls more than half the police vehicle market in the U.S., and has since at least 2014, the company told CNBC, citing […]


Industry Focus Areas, Motorized Vehicle

Five things investors are watching as GM and Ford report coronavirus-ravaged earnings

July 28, 2020

Via: CNBC

The coronavirus pandemic has brought the U.S. automotive industry to a standstill unlike any event has since World War II. Factories were shuttered, hundreds of thousands of employees were laid off and no new vehicles rolled off U.S. assembly lines […]


Industry Focus Areas, Motorized Vehicle

Ford unveils electric Mustang Mach-E race car with 1,400 horsepower

July 21, 2020

Via: CNBC

Ford Motor has developed a racing version of its upcoming all-electric Mustang Mach-E crossover with 1,400 horsepower and a top speed that’s not street legal. The company plans to use the prototype vehicle, which it’s calling the Mustang Mach-E 1400, […]


Industry Focus Areas, Motorized Vehicle

Ford sales fall 33.3% in the second quarter due to coronavirus

July 2, 2020

Via: CNBC

Ford Motor reported Thursday that its U.S. vehicle sales in the second quarter were down 33.3%, in line with industry expectations as the coronavirus caused consumers to stay at home and dealerships and factories to shutter. Ford’s decline was less […]


Industry Focus Areas, Motorized Vehicle

Ford Promise debt relief program launches

June 29, 2020

Via: Automotive News

DETROIT — Ford Motor Co. launched a debt relief program Monday that allows buyers of a new, used or certified pre-owned vehicle financed through the automaker’s lending arm to return it if they lose their job within a year. The […]


Industry Focus Areas, Motorized Vehicle

Ford Ranger, Tesla models ride high in ‘American-Made’ vehicle index

June 23, 2020

Via: Automotive News

Ford Motor Co.’s new Ranger truck topped a ranking of vehicles that contribute most to the U.S. economy, while three Tesla Inc. models placed in the top nine. The two companies’ brands were absent from Cars.com’s top 10 last year […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Ford accelerates return to pre-crisis production levels

June 19, 2020

Via: Automotive News

Ford began to resume U.S. production on May 18. The company said it implemented “robust safety and care measures globally to help support a safe and healthy environment for the company’s workforce.” DETROIT — Ford Motor Co. will return to […]


Industry Focus Areas, Motorized Vehicle

Ford-Volkswagen alliance to include shared production of 8 million commercial vehicles

June 10, 2020

Via: CNBC

Ford Motor and Volkswagen plan to share production of 8 million commercial vehicles as part of an expanded alliance between the two automakers. Production of the vehicles is expected to begin as early as next year and continue through the […]