Ford Motor Co
Lidar makers Ouster and Velodyne agree to merge
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Taylor, Vice President, NYSE Listings and Services, rings The Opening Bell®. NYSE Lidar makers Ouster and Velodyne have agreed to merge, combining roughly […]
Read More
Want to are living in a van down by the river? Ford has a new motor vehicle for that
Ford states Transit Path proprietors will have accessibility to the Ford Professional network of upfitters and inside installers to make the inside area they drive. (Preproduction design proven with aftermarket gear.) Ford DETROIT — Ford Motor wishes to make “living in a van down by the river” a bit much more relaxed than late comedian […]
Read More
Ford’s October sales slide 10% amid supply chain issues
Ford F-150 pickup trucks at a dealership in Colma, California, on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motor’s U.S. sales last month declined by 10% as the automaker battled through supply chain issues that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of […]
Read More
GM temporarily suspends advertising on Twitter following Elon Musk takeover
A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is suspending its advertising on Twitter following […]
Read More
Chrysler and Jeep parent Stellantis offering buyouts to some U.S. salaried employees
The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis — created by the merger of France’s PSA […]
Read More
Auto dealer stocks rally despite Wall Street’s ‘demand destruction’ theory
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other automotive dealers rallied Thursday following strong third-quarter earnings and optimistic outlooks regarding consumer demand for new vehicles. The results and comments followed concerns […]
Read More
Ford’s earnings beat, significant free cash flow mean we’re sticking with the auto stock
Ford Motor (F) reported an earnings beat for the third quarter, while demonstrating solid free cash flow — a key reason why the Club still backs the automaker. Source
Read More