NEW YORK, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Ford Motor Company ("Ford" or the "Company") (NYSE: F) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Ford investors who were adversely affected by alleged securities fraud between April 27, 2022 and July 24, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/ford-lawsuit-submission-form?prid=1024 ...

U.S. auto biggie Ford (F) is set to make a comeback in India, two years after shutting down production in the world's third-largest car market. The automaker plans to revive its manufacturing facility in Tamil Nadu, focusing on exports rather than domestic sales. This move aligns with Ford's broader “Ford+ Growth Plan,” which emphasizes global market expansion. Tamil Nadu is home to several car manufacturers, including Hyundai, Nissan (NSANY) and Renault (RNLSY) . Auto companies like VinFast (VFS) and Tata ...

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ford Motor Company (NYSE: F).Shareholders who purchased shares of F during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/ford-loss-submission-form/?id=102412&from=4CLASS PERIOD: April 27, 2022 to July 24, 2024ALLEG ...

NEW YORK, Sept. 15, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE: F) and certain of the Company’s senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company. Investors have until October 7, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10 ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Ford Motor Company (NYSE: F) between April 27, 2022 and July 24, 2024, both dates inclusive (the “Class Period”), of the important October 7, 2024 lead plaintiff deadline. SO WHAT: If you purchased Ford securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO ...

TORONTO and RAINY RIVER and THUNDER BAY and EMO, Ontario, Sept. 13, 2024 (GLOBE NEWSWIRE) -- An unprecedented crisis in hospital, EMS, and primary care services in northwestern Ontario is unfolding. Physicians are leaving Rainy River’s hospital and clinic and the ambulance base in Emo is threatened with impending closure. The Mayor of Rainy River, the President of the District’s paramedics’ and hospital workers’ union (CUPE 4807), and the Health Coalition held a press conference to bring attention to the cr ...

TORONTO and RAINY RIVER and THUNDER BAY and EMO, Ontario, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Hospital, EMS, and primary care services are at risk in northwestern Ontario due to a funding dispute between the physicians and the Ford government and the worst staffing crisis the province has ever seen. All the permanent, full-time physicians are departing Rainy River’s hospital and primary care clinic due to a funding dispute with the Ministry of Health. While the hospital has secured temporary locum physicians ...

NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE: F) and certain of the Company’s senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company. Investors have until October 7, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10 ...

Summary of Ford Motor Company Conference Call Company Overview - **Company**: Ford Motor Company (NYSE:F) - **Event**: Morgan Stanley's 12th Annual Laguna Conference Call - **Date**: September 12, 2024 - **Key Participant**: Navin Kumar, Chief Financial Officer of Ford Pro Key Points Leadership Changes - Ted Cannis, CEO of Ford Pro, announced retirement after 35 years at Ford, emphasizing his contributions to the company and the foundation he set for future growth [3][4] Ford Pro Overview - Ford Pro focuses on commercial customers, prioritizing total cost of ownership and vehicle uptime [4] - The company is a market leader in commercial vehicles in North America and Europe, with a diverse vehicle lineup [4] - Integration of hardware, software, and cloud applications is enhancing customer productivity and vehicle uptime, leading to improved bottom-line results for customers [5] Software and Services Growth - Ford Pro has over 600,000 paid software subscriptions, growing 40% year-over-year in the first half of the year [8] - Average revenue per user (ARPU) is approximately $7 to $8 per month, contributing to a growing software revenue stream [9] - The company is expanding its product offerings, including video telematics and fleet management software, which are enhancing customer efficiency [11] Electric Vehicle (EV) Adoption - Commercial customers are adopting EVs faster than non-commercial customers, driven by sustainability targets and regulations [20] - Year-to-date sales of the E-Transit reached over 8,000 units, representing about 7.7% of the Transit population [21] - E-Transit sales volume increased by 76% year-over-year, with significant adoption among government fleets [22] Challenges and Strategies - Charging infrastructure remains a challenge for larger corporate customers, leading to a more cautious adoption pace [23] - Ford is enhancing its EV offerings and partnerships to facilitate electrification in commercial fleets [27] - The company is committed to investing in electric vehicles while maintaining profitability in its traditional segments [34] Financial Performance - Ford Pro's EBIT for the first half of the year was $5.6 billion, exceeding Ford's total company EBIT of $5.5 billion [33] - Concerns were raised about the sustainability of profits from Ford Pro funding loss-making EVs [33] Market Position and Competitive Advantage - Ford Pro maintains a competitive edge through deep customer relationships, a flexible vehicle lineup, and a strong dealer network [41] - The integration of software and services creates a data and intelligence moat, enhancing customer loyalty and operational efficiency [18][42] Future Outlook - Ford Pro is focused on expanding its software ecosystem and enhancing customer productivity through advanced telematics and managed maintenance solutions [13][30] - The company is preparing for the launch of a next-generation electric van in 2026, indicating ongoing innovation in its product lineup [29] Conclusion - Ford Pro is positioned as a leader in the commercial vehicle market, with a strong focus on software and services to drive future growth and customer loyalty. The company is navigating challenges in EV adoption while maintaining robust financial performance and strategic investments in electrification and technology.

Ford Motor Company (NYSE:F) Morgan Stanley's 12th Annual Laguna Conference Call September 12, 2024 1:30 PM ET Company Participants Navin Kumar - Chief Financial Officer, Ford Pro Conference Call Participants Adam Jonas - Morgan Stanley Adam Jonas Okay. I'm very delighted to have, representing Ford Motor Company, Navin Kumar, Chief Financial Officer of Ford Pro. We have the Ford Investor Relations team as well. We've got Lynn Tyson. We have Tony Ballesteros and [indiscernible] joining us here in the front ro ...