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The Latest Breaking News from Ford Motor Co

Penske Truck Leasing orders 750 all-electric E-Transit vans from Ford

Penske Truck Leasing said Monday it has ordered 750 units of Ford Motor Co.'s E-Transit battery-electric van.

Tribune News Service

Penske Truck Leasing Orders 750 All-Electric Ford E-Transit Cargo Vans

Penske Truck Leasing has ordered 750 all-electric Ford Motor Co (NYSE:F) E-transit cargo vans. The financial terms were not disclosed. Penske Truck Leasing is owned by Penske Corporation, Penske Automotive Group Inc (NYSE:PAG), and Mitsui & Co Ltd (OTC:MITSY). The company will take delivery of its first several vehicles in the next several weeks. Penske's first Ford…

Benzinga

Ford Emphasizes Tesla-Like Strategy, Says Online Sales To Be A 'Bigger Part' Of Its Future

Ford Motor Co (NYSE: F) Chief Financial Officer John Lawler said on Wednesday that online orders will play a bigger role in its future sales strategy as the legacy automaker undertakes a massive electrification drive to catch up with leader Tesla <

Benzinga

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Ford Said To Be Eyeing A Steep Price Hike For Mustang Mach-E EVs In China

Ford Motor Co (NYSE: F) is set to announce a steep price hike for its electric compact crossover Mustang Mach-E in China, CnEVpost reported on Thursday, citing a

Benzinga

Ford CEO Jim Farley Teases F-150 Lightning EV As Launch Set For April 26

Ford Motor Co (NYSE: F) CEO Jim Farley on Wednesday teased the launch date for its hotly-anticipated F-150 Lightning electric truck to be held on April 26.

Benzinga

Ford Q2 Dividend Details Are Here

Ford Motor Co (NYSE: F) said on Thursday it will pay a second-quarter dividend of 10 cents per share on outstanding shares of the company's common and Class B stock.

Benzinga

Tesla's Lead Times Longer Than Ford, GM Due To This Reason, Says Munster

Tesla Inc (NASDAQ: TSLA) has a lead time twice as long as those of the top legacy automakers General Motors Co (NYSE: GM) and Ford Motor Co (NYSE:

Benzinga

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Ford JV plant in Turkey begins shipping electric E-Transit van to Europe

Ford Otosan, a joint venture between Ford Motor Co. and Koç Holding, is now shipping the all-electric E-Transit cargo van to customers in Europe, Ford said Thursday.

Tribune News Service

'These Are Not EV Names Yet': Why Pete Najarian Is Backing Out Of Ford, GM Stock

Ford Motor Co (NYSE: F) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

Benzinga

Why Ford Shares Are Falling

Ford Motor Co (NYSE: F) shares are trading lower Thursday following a downgrade from Barclays. Barclays analyst Brian Johnson downgraded Ford from an Overweight rating to an Equal-Weight rating and lowered the price target from $23 to $17.

Benzinga

Ford Motor's Stock Heads South: Here's Where To Watch For A Reversal

Ford Motor Co (NYSE: F) was falling more than 5% on Thursday as it continued to trend within a confirmed downtrend pattern. A downtrend occurs when a stock consistently makes a series of lower lows and lower highs on the chart.

Benzinga

Barclays Downgrades Ford, Cuts Price Target By 26%

Barclays analyst Brian Johnson downgraded Ford Motor Co (NYSE:F) to Equal Weight from Overweight with a price target of $17, down from $23, implying a 10.39% upside. Johnson said that the investors underestimated the risk of inflation, production pressure, and the impact of interest rate hikes in the auto and auto parts sector. The analyst…

Benzinga

Ford Mustang Mach-E EV Sales Jump Sequentially In March, Even As Numbers For Gas-Powered Version Drop

Ford Motor Co (NYSE: F) on Wednesday reported a sequential jump in Mustang Mach-E sales in March, even as gas-powered versions of the vehicles dropped significantly amid semiconductor shortages and production halts.

Benzinga

Ford March US Sales Decline 25%

Ford Motor Co (NYSE:F) reported a 25.6% slump in sales in the U.S. for the month of March. The company sold 159,328 units in March versus 214,236 units last year. Retail sales declined 30.1% year-over-year. The F-series retail orders jumped to 50,000 in March versus 12,000 last year. Electric vehicles sales grew 16.9%…

Benzinga

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Tribune News Service

Ford sales plummet 25.6% in March, decrease 17.1% for the quarter

Sales of Ford Motor Co. vehicles fell by 25.6% year-over-year in March, capping a 17.1% decrease for the first quarter of 2022 and joining other automakers whose sales were hit by low inventory from a global semiconductor shortage.

Benzinga

Ford Recalls Vehicles Over Fire Risk: Reuters

Ford Motor Co (NYSE:F) recalled 737,000 vehicles in the U.S. over fears of oil leaks and software error, Reuters reported. The automaker recalled 345,451 of its 2020-2022 Ford Escape and 2021-2022 Ford Bronco Sport vehicles with 1.5L engines. The report noted that the company fears that the engine oil separator housing could…

Benzinga

'God, We Were Lucky': Ford CEO Shares Family Tidbit About Chris Farley And 'Tommy Boy'

“We’re family, we’re gonna be doing lots of dumb stuff together. Wait ‘til Christmas!” Released in 1995, “Tommy Boy” wasn’t a huge hit at the box office (although it was profitable) or with critics. The movie garnered a cult-like following and is one of the most quotable movies of the 1990s…

Tribune News Service

Change is coming: What Ford's restructuring means for its dealer network

Ford Motor Co.'s move to split its legacy internal combustion engine and growing electric-vehicle businesses into separate units means drastic changes for its network of some 3,000 U.S. dealers — changes that are prompting both concern and optimism as both sides begin to hammer out details.

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Benzinga

Why Ford And GM Are Suspending Production At Two Michigan Plants Next Week

Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) are going to suspend production next week at a Michigan plant, Reuters

Tribune News Service

Auto supply woes: GM, Ford face production hits next week

Both General Motors Co. and Ford Motor Co. are working through supply issues causing them to halt production at some plants next week.

The Times of India

Tesla adds $84 billion to valuation on stock-split signal

NEW YORK: Tesla Inc added about $84 billion to its stock-market value on Monday, more than Ford Motor Co's entire market capitalization, after the electric-vehicle maker said it is planning a second stock split in about two years.

Benzinga

Ford 'Rebrands' And 'Repositions' Unit To 'Incubate' New Business Ideas Around Autonomous Vehicles, New Tech

Ford Motor Co (NYSE: F) has “rebranded and repositioned” a company unit to boost the development of autonomous vehicles and foster new technology businesses, Bloomberg News

Benzinga

Apple's EV Map Routing Feature Finally Comes To Ford Mustang Mach-Es

Ford Motor Co (NYSE: F) said on Monday Apple Inc’s (NASDAQ: AAPL) electric vehicle routing feature for Apple Maps is now available on its Mustang

Benzinga

Ford To Idle Production At Some Plants In Europe Due to Chip Shortage, Russia-Ukraine War

Ford Motor Co’s (NYSE: F) vehicle production and orders have been hit in Europe due to the ongoing global semiconductor shortage and Russia’s invasion of Ukraine, Reuters

Benzinga

Why Ford Appears To Be Heading Back To $20 And How To Catch The Move

Ford Motor Co (NYSE: F) opened flat on Monday, rose up slightly and then ran into a group of sellers who knocked the stock down almost 3% by early afternoon.

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