Ford Motor Co and longtime Chinese partner Jiangling Motors Corp have formed a joint venture aimed at strengthening Ford's sales efforts and reach in China, the companies said Wednesday.
General Motors Co said on Wednesday it would hire more than 8,000 new technical staff this year, as the U.S. automaker accelerates its development of electric vehicles and software-driven services.
The First Trust Lunt U.S. Factor Rotation ETF is seeing unusually high volume in afternoon trading Wednesday, with over 654,000 shares traded versus three month average volume of about 186,000. Shares of FCTR were up about 1% on the day.
A lot can change in a decade. Tesla began selling its Model S sedan in 2012 and fought skepticism about its vision for the electric vehicle (EV) market for years. Today, the company is worth nearly $1 trillion, and electric vehicles are making their strongest arguments ever that
Lordstown Motors Corp said on Wednesday it has removed pricing and vehicle specification details about its Endurance electric pickup truck from its corporate website as part of a larger overall redesign.
Ford Motors F has announced that it is halting retail pre-orders after Jan 27 for its Maverick hybrid pickup truck for the 2022 model year, stating capacity issues. The truck has experienced an overwhelming demand for both hybrid and EcoBoost versions. Interested buyers w
The NASDAQ 100 Pre-Market Indicator is up 333.07 to 14,482.19. The total Pre-Market volume is currently 24,371,873 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +3.9 at $57.15, with 3,131,506 shares traded. Th
The Zacks Domestic Auto industry is currently battling global chip famine, which is not expected to abate at least till first-half 2022. Vehicle sales of various auto majors are being weighed down by manufacturing inefficiencies and tight inventory. Nonetheless, the risin
Over the past year, share prices of electric vehicle (EV) kingpin, Tesla (NASDAQ: TSLA) have gained 8% and Ford (NYSE: F) stock has gained 73%. But year-to-date, Tesla stock is now down 13%, the same as the Nasdaq Composite, while Ford stock is down 4%.
Ford Motor Co Chief Executive Jim Farley won applause from Wall Street by increasing the production target for the automaker's electric F-150 to 150,000 a year, more than three times the original number.
Ford Motor Co Chief Executive Jim Farley won applause from Wall Street by increasing the production target for the automaker's electric F-150 to 150,000 a year, more than three times the original number.
PACCAR Inc. PCAR reported earnings of $1.47 per share in fourth-quarter 2021, topping the Zacks Consensus Estimate of $1.31 and rising from the year-ago figure of $1.17. Higher-than-expected pre-tax profits across all segments resulted in the outperformance.Consolidated r
General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co for EV supremacy in North America.
For Immediate ReleaseChicago, IL – January 25, 2022 – Stocks in this week’s article are Ford Motor Co. F, General Motors Co. GM, KB Home KBH, Group 1 Automotive GPI and Signet Jewelers Ltd. SIG.
What happened
Shares of electric-vehicle maker Rivian Automotive (NASDAQ: RIVN) opened lower again on Tuesday as traders and investors continued to sell off auto stocks while awaiting the results of a Federal Reserve Bank policy meeting.
A downtrend has been apparent in Ford Motor Company (F) lately. While the stock has lost 19.1% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to countera
January has not been kind to growth stocks. At the time of this writing, the Nasdaq is down 12% year to date and has already had multiple sessions of over 2% declines.
The NASDAQ 100 Pre-Market Indicator is down -275.7 to 14,233.88. The total Pre-Market volume is currently 29,843,427 shares traded.The following are the most active stocks for the pre-market session: Aptorum Group Limited (APM) is +0.6 at $2.22, with 6,571,940 shares traded.ProS
Well-chosen dividend stocks can add a potent combination of growth and income to your investment portfolio. The key is to choose companies that can successfully navigate the market environment they're likely to face in the coming years.
The fourth-quarter earnings season for the Auto-Tires-Trucks sector kicks off today. We know that the auto space has been reeling under a major supply-demand imbalance for around a year now owing to microchip deficit. The shortage of semiconductor supply dragged down the