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Great News for Ford Investors
The Motley Fool· 2024-11-02 07:18
Ford has invested much capital into its digital and software services, and it's a move that could pay off.The automotive industry is extremely capital intensive, a drawback that has long been discussed by investors and analysts alike. Mainstream automotive businesses -- unlike unique automakers such as Ferrari, which boast luxury-like margins -- are notoriously low margin and competitive. The good news, especially for Ford Motor Company (F -0.68%) investors, is that this low-margin business could be on the ...
1 Wall Street Analyst Thinks Ford Stock Is Going to $15. Is It a Buy Around $10.50?
The Motley Fool· 2024-11-01 21:22
One Wall Street analyst sees over 40% upside for Ford stock, but investors should be skeptical.Ford (F -0.68%) updated investors with its third-quarter earnings this week, and the report contained some good news. Bernstein analyst Daniel Roeska thinks there are reasons to see the stock rise to his firm's price target of $15 per share, according to Barron's.That would represent a gain of over 40% from the stock's recent price. But investors shouldn't overlook some of the not-so-good news also present in Ford ...
Ford Stock Is Solid Value At $10 Despite Guidance Cut
Forbes· 2024-11-01 12:30
GLENDALE, CALIFORNIA - AUGUST 21: The Ford logo is displayed at a Ford dealership on August 21, 2024 ... [+] in Glendale, California. Ford announced it is upending its electric vehicle (EV) strategy for North American vehicles to focus on hybrids, affordability, and longer ranges. (Photo by Mario Tama/Getty Images)Getty ImagesFord stock fell by close to 8% on Tuesday, following the company’s Q3 earnings report. Now revenues were better than expected coming in at $43 billion, up 5.5% year-over-year, earnings ...
Ford Halting Production of Its Electric F-150 Lightning Truck, Report Says
Investopedia· 2024-10-31 22:30
Key TakeawaysFord will reportedly halt production of its F-150 Lightning electric pickup truck for several weeks starting in mid-November.The automaker's electric vehicle division posted a quarterly loss this month and sales are down year-over-year.Earlier this year, Ford limited production at the facility that makes the F-150 Lightning. Ford (F) is halting production of its all-electric F-150 Lightning pickup truck for at least several weeks as it faces softening demand for its electric vehicles, according ...
Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs
Business Insider· 2024-10-31 20:38
Ford will pause F-150 Lightning production next month for seven weeks.Some manager bonuses will be cut to 65% of their previous levels.Ford is still struggling to turn a profit on electric vehicles. 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. Email address By click ...
Ford to pause production of F-150 Lightning pickup
Fox Business· 2024-10-31 19:50
Ford announced Thursday that it will temporarily pause production of its electric F-150 Lightning for several weeks amid sluggish consumer demand for EVs. The automaker plans to idle the Rouge Electric Vehicle Plant, which is located outside of Detroit and makes the F-150 Lightning, after the end of the shift on Nov. 15. Production will resume on Jan. 6.The plant currently operates on weekdays and, like Ford's other U.S. plants, already has a scheduled holiday week starting on Dec. 23. "We continue to adjus ...
Ford stops manufacturing electric F-150 pickups for six weeks as demand sags
New York Post· 2024-10-31 19:20
Ford is temporarily halting production of its all-electric F-150 Lightning pickup truck in the face of slowing demand for battery-powered vehicles.The Detroit automaker announced Thursday that it would pause manufacturing of the pickup truck for several weeks beginning in mid-November.Ford employees will resume manufacturing of the F-150 on Jan. 7.The move comes after Ford made several price cuts to its F-150 models earlier this year. The cuts were put in place after Ford paused production due to quality is ...
Ford pauses F-150 Lightning production as Tesla Cybertruck heats up
TechCrunch· 2024-10-31 18:06
Ford will pause production of its F-150 Lightning electric pickup truck starting in mid-November for almost two months as it struggles with decreased demand, increased competition, and losses in its electric vehicle business. “We continue to adjust production for an optimal mix of sales growth and profitability,” a Ford spokesperson told TechCrunch. The news was previously reported by Automotive News. The decision to halt production comes as the Tesla Cybertruck has pushed past Ford’s popular Mach-E to bec ...
Ford to halt production of electric F-150 Lightning next month until 2025
CNBC· 2024-10-31 16:24
Ford workers produce the electric F-150 Lightning pickup at the automaker's Ford Rouge Electric Vehicle Center on Dec. 13, 2022.DETROIT — Ford Motor plans to halt production of its all-electric F-150 Lightning from mid-November until early next year to address bloated inventories and narrow losses on the pickup trucks.The automaker on Thursday confirmed the seven-week shutdown would occur at its Rouge Electric Vehicle Center in suburban Detroit from Nov. 18 until Jan. 6, including previously planned holiday ...
Ford's Ride-The-Brakes Strategy Is Hard To Steer
Seeking Alpha· 2024-10-31 15:55
Lipper Alpha Insight (https://lipperalpha.refinitiv.com/) is a free daily news and commentary blog, giving financial professionals actionable ideas and insight to make sense of individual security news and events and stay on top of macroeconomic trends. We have a team of expert analysts that are constantly looking at the financial landscape in order to keep you up to date on the latest movements. ...