Kia said on Wednesday it will invest more than $200 million in its assembly plant in the U.S. state of Georgia to begin production of its electric EV9 SUV next year.
The United Auto Workers (UAW) union will start contract talks with the Detroit Three automakers beginning Thursday, ahead of the mid-September expiration of current four-year labor deals.
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
Group 1 Automotive, Inc. GPI has a diversified product mix, multiple income streams and resilient demand for vehicles that position it well for top-line growth. Acquisitions of dealerships and franchises are also likely to boost t
Texas again deferred a vote on grants of federal funds to build electric vehicle chargers to Aug. 16 amid pushback from some charging companies over its plan to include Tesla's technology in charging stations, according to three sources.
Ford Motor Company (F) closed at $15.23 in the latest trading session, marking a +1.06% move from the prior day. This change outpaced the S&P 500's 0.67% gain on the day. Meanwhile, the Dow gained 0.93%, and the Nasdaq, a tech
What happened
Based on dispiriting news about a recent bull run on securities related to Rivian Automotive (NASDAQ: RIVN), investors sold out of the specialty electric vehicle (EV) maker on Tuesday. This tapping of the brakes resulted in a nearly 3% decline in the company's share
Fintel reports that on July 11, 2023, Barclays maintained coverage of Ford Motor (NYSE:F) with a Equal-Weight recommendation. Analyst Price Forecast Suggests 7.86% Downside
The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers' dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data.
The U.S. electric vehicle market is growing, but not fast enough during the latest quarter to prevent unsold EVs from stacking up at some automakers' dealerships or to allow Tesla to avoid new price cuts, according to analysts and industry data.
After completing the acquisition of Honest Day's Work earlier this month, Latch, Inc. LTCH has announced its intention to significantly reduce its workforce in the United States and Taiwan, with a reduction of nearly 59%. This str
Hyzon Motors Inc. HYZN announces the successful completion and factory acceptance testing of the first nine single-stack 200kW Fuel Cell System (FCS) B-samples at its Bolingbrook, IL, facility. This milestone reflects Hyzon’s prog
U.S. auto safety investigators on Tuesday said they are opening an investigation into 346,000 Ford Escape sport utility vehicles because a weld in the door assembly may fail, potentially resulting in a door inadvertently opening while driving.
Last week, auto biggies reported second quarter US vehicle sales numbers. Most automakers experienced year-over-year sales growth, thanks to improving inventory levels. The demand for automobiles remains strong, indicating that th
U.S. auto safety investigators said Tuesday they are opening an investigation into 346,000 Ford Escape sport utility vehicles because a weld in the door assembly may fail, potentially resulting in a door inadvertently open while driving.
Fintel reports that on July 10, 2023, Wells Fargo maintained coverage of Ford Motor (NYSE:F) with a Underweight recommendation. Analyst Price Forecast Suggests 7.31% Downside
The electric vehicle (EV) market is a vibrant and rapidly evolving sector that has seen considerable growth over the past decade. Notably, the industry has attracted both well-established automakers and fledgling tech startups. All vying for a slice of the burgeoning EV market. T