In Brief Ford has agreed to pay a $165 million penalty to federal regulators after moving too slowly to recall vehicles with faulty rearview cameras. This is the second largest fine the National Highway Traffic Safety Administration (NHTSA) has handed out in its 54-year history, after the 2019 Takata airbag recalls.  Ford also failed to provide accurate and complete information in its reports to NHTSA and to submit certain quarterly recall reports in a timely manner, according to the agency’s consent repor ...

FARMINGTON HILLS, Mich., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Jennifer Brace, chief futurist at Ford Motor Company, will serve as Green Truck Summit keynote speaker on March 4, 2025. Held annually as part of Work Truck Week, Green Truck Summit (GTS) is a full-day immersion into advanced technology for commercial vehicles. New for 2025, GTS Breakout Session Tracks highlight how technology can improve vehicle productivity and efficiency in internal combustion engines and advanced fuel applications. Work Truck We ...

Ford is getting its workers in Cologne, Germany, to work fewer hours.The carmaker said a "lower than expected demand for electric vehicles" brought on the shift.The carmaker has more than 4,000 employees at its Cologne plant. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. ...

Ford Motor Company F shares are trading lower on Thursday. Bernstein analyst Toni Sacconaghi downgraded Ford Motor from Outperform to Market Perform, with a price forecast of $11.In an unrelated development, Ford revealed on Thursday that it is experiencing record sales growth in the Middle East in 2024, driven by strong performance in key markets and the introduction of its freshest lineup to date.The launch of the Mustang Mach-E and Territory Hybrid highlights Ford’s commitment to an electrified future in ...

Record 2024 sales growth in the region driven by strong performance in key markets and Ford's freshest lineup to date. Mustang Mach-E and Territory Hybrid launches highlight Ford's commitment to an electrified future in the Middle East. Connected services are also coming to Ford customers in the region, with the 2025 introduction of FordPass™. DUBAI, UAE, Nov. 7, 2024 /PRNewswire/ -- More customers than ever are buying Ford products across the Middle East, thanks to Ford's extensive and freshest portfolio ...

Production is now set to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced the massive $2.2 billion investment to fully renovate the facility to build a variety of all-electric trucks and SUVs.DETROIT – President-elect Donald Trump's reelection victory over Vice President Kamala Harris is expected to send the U.S. electric vehicle industry into a period of uncertainty. Republicans, led by the former president, have largely condemned EVs, claiming they are being for ...

Last week, U.S. legacy automaker Ford (F) released its third-quarter 2024 results. The company's net income during the quarter plunged 25% to $900 million, largely due to losses in its electric vehicle (EV) business. Discouragingly, the company also cut its full-year 2024 EBIT forecast. It now expects the metric to be around $10 billion, at the lower end of the previously guided range of $10-$12 billion. Since the results, Ford shares have slid 8.8%. Stay up-to-date with the quarterly releases: See Zacks Ea ...

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About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

While disappointing, Ford's third quarter made something else apparent: There's still upside.Ford Motor Company (F -0.68%) just turned in a slightly disappointing third-quarter earnings result, which sent the stock tumbling roughly 10% initially. High costs, supplier issues, rising uncertainty and warranty costs all weighed down on the results.However, with the stock trading at just 11 times price-to-earnings, and offering a robust dividend yield of 5.2%, is there any upside in owning the stock right now?No ...