Ford Motor Co
General Motors is investing in a startup working on better and cheaper EV batteries
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Future low-cost GM EVs could benefit from the batteries being developed by Mitra Chem. Joe White | Reuters General Motors said Wednesday it’s leading a $60 million […]
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Vietnamese EV maker VinFast is now well worth a lot more than Ford and GM right after Nasdaq debut
BANGKOK, THAILAND – 2023/05/18: VinFast shows its automobiles at Foreseeable future Electricity Asia Exhibition 2023 at Queen Sirikit Countrywide Convention Heart. Nathalie Jamois | Lightrocket | Getty Photographs VinFast’s shares jumped some 270% after its U.S. buying and selling debut, vaulting its whole marketplace price previous some of the world’s premier automakers these kinds of […]
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Biden urges ‘fair agreement’ between UAW and Detroit automakers that avoids plant closures
Speaking in front of a backdrop of American-made vehicles and a UAW sign, President Joe Biden, then a presidential candidate, speaks about new proposals to protect U.S. jobs during a campaign stop in Warren, Michigan, Sept. 9, 2020. Leah Millis | Reuters DETROIT – President Joe Biden is calling for a “fair agreement” between the […]
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Ford hires Apple veteran to lead consumer software efforts
An electric Ford truck is displayed during the Electrify Expo In D.C. on July 23, 2023 in Washington, DC. Nathan Howard | Getty Images DETROIT – Ford Motor said Monday that it has hired Apple veteran Peter Stern to lead a newly created division focused on developing and marketing software-enabled customer experiences for the automaker. […]
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UAW leader defends union’s lofty demands, (literally) trashes Stellantis contract proposals
During a Facebook Live on Aug. 8, 2023, UAW President Shawn Fain Screenshot The leader of the United Auto Workers on Tuesday adamantly defended lofty demands for the union’s members who work for the Detroit automakers, while calling recent contract proposals from Stellantis “trash.” UAW President Shawn Fain during a Facebook Live webcast heavily criticized […]
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Ford’s U.S. sales rose nearly 6% in July, but its EVs are still lagging
Ford Motor’s fuel-powered F-150 trucks under production at its Truck Plant in Dearborn, Michigan, Sept. 20, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor Company said its U.S. sales rose 5.9% in July from a year ago, as demand for its pickup trucks and the Bronco SUV more than offset a slump in […]
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Ford restarts F-150 Lightning production, says demand jumped sixfold after July price cuts
Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images Ford Motor said Tuesday the factory that builds its electric F-150 Lightning pickup has reopened after a six-week break for upgrades — and that recent […]
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Stocks making the most important moves premarket: Hasbro, Adobe, GoodRx, SBA Communications and much more
A Hasbro Monopoly board game organized in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Pictures Test out the corporations earning headlines right before the bell: Adobe — The inventory received 2.4% just before the bell just after Morgan Stanley upgraded shares to obese from equal fat and boosted its […]
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This defense contractor and automaker are between the most oversold S&P 500 stocks
Right after selling off far more than 9% this 7 days, shares of defense contractor RTX glance poised for a bounce back, according to just one specialized indicator. The S & P 500 attained this 7 days following the Federal Reserve instituted a 25 foundation level hike , bringing interest rates to their optimum amount […]
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As Ford loses billions on EVs, the company embraces hybrids
Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, Sept. 17, 2020. Rebecca Cook | Reuters Heads up, hybrid fans: Ford Motor is working on a whole bunch of new hybrid models. “You’re going to see a lot more hybrid systems from us,” CEO Jim Farley […]
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