Ford Motor Co said on Wednesday it will start producing electric vehicles in Spain later this decade but that would imply "significant" job cuts at its Spanish factory and another one in Germany amid its ambitious electrification push in Europe.
Ford said on Wednesday it will start producing electric vehicles (EV) in Spain later this decade but that would imply "significant" job cuts at its Spanish factory and another one in Germany amid its ambitious electrification push in Europe.
Major automakers and industry suppliers on Wednesday urged Congress to move quickly to pass $52 billion in subsidies for U.S. semiconductor production, according to a letter seen by Reuters.
There was a time when investing guru Cathie Wood could seemingly do no wrong. Her Ark Investment exchange-traded funds enjoyed white-hot returns that seemed to double investor's money, then double it again.
Peugeot, one of Stellantis' French brands, unveiled its new 408 model on Wednesday, betting the "fastback" sedan will attract motorists suffering from sports-utility vehicle (SUV) fatigue.
The U.S. Environmental Protection Agency plans to propose new, more stringent vehicle emissions rules through at least the 2030 model year by March, according to a regulatory update released on Tuesday.
General Motors Co, Ford Motor Co and Chrysler parent Stellantis NV said on Tuesday they are making masking optional for workers at all U.S. facilities.
Incorporated in 1903, Ford (NYSE: F) is sometimes viewed as a legacy business -- the type of company your great-grandfather might have invested in. Fast-forward to the 2020s, and it's challenging to convince younger traders of Ford's value proposition during a time of vehicle ele
U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling and remanufacturing initiative.
Last week, the European Automobile Manufacturers Association (“ACEA”) released data for passenger car registrations for May 2022. The European Union (EU) passenger vehicle market contracted 11.2% in May to 791,546 units amid chip woes aggravated by the Russia-Ukraine war.
U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling initiative.
Shifting political winds during the U.S. November mid-term elections could spell trouble for automakers' hopes of getting billions of dollars in consumer tax credits that would help the United States compete with Chinese and European rivals.
Stock splits are all the rage in 2022. Amazon just completed its first split in more than a decade; Tesla plans a 3-for-1 split later this year. And Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) will execute a 20-for-1 split on July 1.
What happened
Ford Motor Company (NYSE: F) stock plunged 14.5% this week at its lowest point in trading, according to data provided by S&P Global Market Intelligence. Even in a choppy market, shares of the legacy auto maker were holding up surprisingly well this week until Th
General Motors Co on Friday raised the price of its Hummer EV pickup truck by $6,250 as it seeks to mitigate higher commodity and shipping costs amid high demand for cars and trucks.
Tesla’s (NASDAQ:TSLA) financial performance has been nothing short of stellar over the last two years, driven by surging demand for electric vehicles, the production ramp of the mass-market Model Y and 3, and the opening of new production facilities. For perspective, in 202
What happened
Shares of the automotive maker were plummeting this morning after General Motors' (NYSE: GM) chief financial officer, Paul Jacobson, made comments yesterday that indicated the company is preparing for an economic slowdown.
Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the August 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new August 19th contracts and identified one put and one call contr