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The Latest Breaking News from Ford Blue

Is This Underperforming Deep Value Stock a Buy for Its 5% Dividend Yield?

With a PE multiple below 6x, Ford looks like a deep-value stock. It has, however, been a perennial underperformer, including so far in 2024. Is F stock a buy now for its 5% dividend yield?

Barchart

Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead

In a wide-ranging interview, Ford's CEO shares his thoughts about his company's ramp-up in electric cars and the state of charging. (He's very happy about that Tesla deal, too.)

WEKU

2024 Ford F-150 To Have 2,400 Fewer Parts To Reduce Complexity

The Ford Explorer will also go through the carmaker’s diet plan.

Motor1

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read the most diverse news in one place.

Ford Expects Model e EV Unit To Post $3 Billion Loss This Year

Ford Model e's loss forecasted for 2023 is 43% higher than the EV unit's $2.1 billion loss posted last year amid increased investment in production, batteries.

InsideEVs

Ford To Lose $3 Billion Making Electric Cars, But F Stock Rises

Ford offered the first in-depth look at EV profitability from a traditional automaker while unveiling new financial structure. F stock rose.

Investors Business Daily

Ford says EV unit losing billions, should be seen as startup

Ford’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology

The Independent UK

Top Ford execs get additional responsibilities; company touts Silicon Valley hires

Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.

Tribune News Service

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Ford Cuts 3,000 Jobs Amid "Significant Transformation" For Company

Positions will be eliminated this week in the US, Canada, and India.

Motor1

Ford Said To Plan 8,000 Job Cuts At ICE Unit To Fund EV Push

The job cuts are expected to come among salaried employees in a variety of operational functions and are likely to begin this summer, sources told Bloomberg.

InsideEVs

Ford will cut thousands of jobs as it eyes transition to electric vehicles

Losses could come in newly created ‘Ford Blue’ unit, report says

The Independent UK

Ford Could Cut 8,000 Jobs By The End Of Summer: Report

Employees from the Ford Blue division are targeted.

Motor1

Two high-level Ford execs to retire; former Amazon exec joining the company

Two high-level Ford Motor Co. executives — Hau Thai-Tang and Frederiek Toney — are retiring later this year, the Dearborn automaker announced Thursday.

Tribune News Service

Ford Clocks 31.5% Growth In June US Sales

Ford Motor Co (NYSE:F) reported a 31.5% increase in June 2022 U.S. sales to 152,262 vehicles. The company posted a 26.4% increase in Truck sales, a 36.1% rise in SUV sales, and a 76.6% increase in Electric Vehicles. Retail sales for June 2022 grew 30.3%. "Amid industry-wide supply constraints, Ford outperformed the industry…

Benzinga

Ford to invest $3.7B, add 6,200 jobs to boost production in Michigan, Ohio and Missouri

Ford Motor Co. will invest $3.7 billion and add 6,200 jobs across plants in Michigan, Ohio and Missouri to expand production of both electric and internal combustion engine vehicles, the Dearborn, Michigan, automaker announced Thursday.

Tribune News Service

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InsideEVs

Ford Separates EVs From ICEs, Creates Ford Model e, Ford Blue Units

Ford Blue will continue to build legacy ICE vehicles with a focus on attacking costs, simplifying operations and improving quality.

People

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