Vietnamese electric vehicle (EV) maker VinFast on Thursday reported a smaller-than-expected 133% jump in fourth-quarter revenue but said it aimed to nearly triple vehicle sales this year as it expands into new markets.
Electric vehicle startups Rivian and Lucid forecast 2024 production well below analyst estimates on Wednesday as persistently high borrowing costs keep consumers from buying relatively pricier battery-powered cars.
Consumer stocks rose late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP up 0.1%, erasing earlier losses, and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.6%.
Consumer stocks were higher Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.5%.
(RTTNews) - Ford Motor Company (F) announced significant price cuts for its 2023 Mustang Mach-E models by up to $8,100, as sales of the all-electric SUV dropped by 51% in January compared to the same period in 2023.
Below is Validea's guru fundamental report for FORD MOTOR CO (F). Of the 22 guru strategies we follow, F rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via di
The United Auto Workers (UAW) union said on Wednesday it had reached an agreement with Ford Motor Co over a local contract covering workers at the automaker's Kentucky truck plant.
The United Auto Workers (UAW) union
said on Wednesday it had reached an agreement with Ford Motor Co over a local contract covering workers at the automaker's
Kentucky truck plant.
In the last five years, the S&P 500 has climbed 80% (as of Feb. 16), a figure that excludes dividends. That's a respectable gain that investors can be encouraged by -- but not all businesses have fared this well.
Earnings season is starting to wind down with not as many big names reporting this week. That being said, we do have a couple of names that will be very widely followed – Nvidia (NVDA) and Walmart (WMT).
Honda HMC reported earnings of $1.06 per share for third-quarter fiscal 2024, surpassing the Zacks Consensus Estimate of 85 cents. The bottom line also grew from the year-ago profit of $1.02 per share. Quarterly revenues totaled $
The automotive industry is a bedrock of American manufacturing. Arguably, no domestic automotive brand is more recognized than Ford Motor Company (NYSE: F). The company's founder, Henry Ford, invented the automotive assembly line, and consumers have driven the Blue Oval since the
Below is Validea's guru fundamental report for FORD MOTOR CO (F). Of the 22 guru strategies we follow, F rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via di
The National Highway Traffic Safety Administration (NHTSA) said on Monday that it is closing a recall query into about 710,000 2020-2022 Ford Explorer Vehicles over reports of power loss.
European automotive supplier Forvia said on Monday it plans to cut up to 10,000 jobs in Europe over the next five years, including at Hella, as part of its new "EU-Forward" programme.
European automotive supplier Forvia said on Monday it forecasts 2024 sales in the range of 27.5 billion to 28.5 billion euros ($29.7 billion to $30.7 billion), after its annual sales reached the upper end of its guidance, in line with expectations.
U.S. President Joe Biden's administration is set to ease proposed yearly requirements through 2030 of its sweeping plan to aggressively cut tailpipe emissions and ramp up electric vehicle sales, two sources told Reuters on Sunday.
Ford Motor Company (NYSE: F) stock has maintained momentum since rebounding in December, and several analysts now believe it could surge given the latest developments, including strong quarterly numbers and guidance for 2024, a supplemental dividend, and a strategic shift in spen