Ford Motor Co
Ford’s first-quarter sales fell 17% as the automaker battled a chip shortage
An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide […]
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China’s BYD ends full combustion engine cars to focus on electric, plug-in hybrids
A BYD Co. electronic vehicle (EV) is charged at an EV charging station at the company’s campus in the Pingshan district of Shenzhen, China. Brent Lewin | Bloomberg | Getty Images China’s largest electric vehicle (EV) maker BYD said that as of last month it stopped making combustion engine vehicles and now produces full electric […]
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With few new cars on lots, U.S. auto sales likely fell sharply in the first quarter, analysts say
New Jeeps are displayed at a car dealership on October 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will likely report sharp sales declines for March and the first quarter, industry analysts say, as an ongoing shortage of new vehicles has left car-shoppers with few – and often expensive – choices. […]
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Goldman Sachs has a bunch of stock picks to play the latest autos trend
Tesla — and some under-the-radar stocks — are among Goldman’s picks to play the future of the auto industry. Source
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Investing Club: Goldman Sachs cut its earnings estimates on Ford — here’s what we think
We’re keeping our 1 rating on Ford shares, despite Goldman Sachs cutting its EPS targets for 2022 and lowering its price target. Source
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Ford F-150 Lightning’s 320-mile range beats available Rivian electric pickups, but lags GMC
2022 Ford F-150 Lightning Ford DETROIT – Ford Motor’s 2022 F-150 Lightning pickup will have an electric range of up to 320 miles, according to final Environmental Protection Agency estimates released Monday by the automaker. The top range of the all-electric pickup is 20 miles higher than Ford initially estimated, which places it just above […]
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Toyota, major chip supplier suspend production due to earthquake in Japan
A car dealership’s window is broken following a strong earthquake in Koriyama, Fukushima prefecture, Japan in this photo taken by Kyodo on March 17, 2022. Kyodo| via Reuters DETROIT – A major earthquake this week in Japan is causing additional problems for the already constrained global automotive supply chain, which continues to manage through problems […]
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Putin’s invasion of Ukraine will knock 30 years of progress off the Russian economy
Russia’s Prime Minister Vladimir Putin addresses a rally at the Manezhnaya Square just outside the Kremlin in Moscow, late on March 4, 2012. Dmitry Astakhov | AFP | Getty Images WASHINGTON — Vladimir Putin’s unprovoked war on Ukraine and the resulting global response will set Russia’s economy back by at least 30 years — close […]
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