Ford Motor Co will stop selling the Transit Connect van in the United States by the end of next year and has scrapped plans to build the vehicle's next model in Mexico, Automotive News reported on Tuesday.
CATL, the world's largest electric vehicle (EV) battery manufacturer, more than doubled its profit in the second quarter as Chinese authorities rolled out incentives to boost EV sales to cushion the impact of lockdowns during the period.
After correcting more than 21% this year, the S&P 500 index has been on an upward trend over the last couple of months. It is now down just 13.2% for the year as of this writing. Yet, overvaluation concerns and supply chain challenges resulted in a steeper correction in elect
What happened
General Motors (NYSE: GM) stock is down today, and it might have rival Ford Motor Company to thank for that. GM shares lost as much as 4.5%, and were still off by 2.6% as of 3:10 p.m. ET.
(RTTNews) - Ford Motor Co. (F) said on Monday that it would be cutting around 3,000 salaried and contract jobs, mostly in North America and India, as it undergoes changes to keep up with Tesla Inc. (TSLA) in the race to develop software-driven electric vehicles.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Chevron Corporation (Symbol: CVX), where a total volume of 32,296 contracts has been traded thus far today, a contract volume which is representative of approxim
Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven electric vehicles.
Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven electric vehicles.
What happened
Ford Motor Company (NYSE: F) shares are reacting to a legal decision from Friday that highlights the company's quality struggles. The stock dropped 6% at the market open Monday, and were still down 5.9% as of 10:33 a.m. ET.
In a recent blow to the automaker, Ford Motor Co. F has been ordered by a jury to pay more than $1.7 billion for a 2014 rollover accident that killed a Georgia couple.The case was lodged against Ford by the family of Melvin and Voncile Hill. The couple was driving a 2002
On Aug 19, General Motors GM announced its decision to restore the quarterly dividend for shareholders. The payouts have been suspended since the beginning of the pandemic in a bid to hold back funds.The dividend was authorized on the company’s outstanding common stock at
For Immediate ReleaseChicago, IL – August 22, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured i
Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right.
A jury in Gerogia has returned a $1.7 billion verdict against Ford Motor Co involving a pickup truck crash that claimed the lives of a couple, the AP reported on Sunday.
(RTTNews) - A Georgia jury has hit Ford Motor Co. (F) with $1.7 billion verdict for a 2014 rollover accident that killed a couple, according to several reports. But Ford reportedly said it doesn't believe the verdict is supported by the evidence, and it plans to appeal.
Steel supplier GrafTech (NYSE: EAF) has seen its shares crumble this year. But the company is one of the largest suppliers of a relatively unknown raw material that goes into lithium-ion batteries used in electric vehicles (EVs). Aside from the EV trend, there is another undeniab
Rivian Automotive (NASDAQ: RIVN) entered the stock market in November 2021 with a lot to prove, but the company has yet to live up to the hype. The pure-play electric vehicle (EV) manufacturer, which is focused on developing electric trucks and SUVs, has shed 63% of its value sin
Friday, August 19, 2022The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Berkshire Hathaway Inc. (BRK.B), Airbnb, Inc. (ABNB) and Dominion Energy, Inc. (D). Th
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