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 ...

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About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

BIRMINGHAM, AL, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Fleetio, the leading fleet maintenance management software company, today announced the expansion of its embedded integration with Ford modem-equipped vehicles and Ford Pro plug-in device technology. The integration, which is Fleetio's first embedded original equipment manufacturer (OEM) integration, now supports a more comprehensive exchange of data with the Fleetio platform, open to all Ford Pro Telematics subscribers. Building off the original integration ...

Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024.Peloton on Thursday said it has appointed a Ford executive to be its next CEO and president. Peter Stern, the president of Ford Integrated Services, primarily oversaw the automotive company's subscription services, such as BlueCruise, Pro Intelligence, connectivity and security. He also led the company's digital product team. Before Ford, Stern held positions at Apple and Time Warner Cable. He is the third CEO to lead Pelo ...

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Ford’s Conservative government tabled their Fall Economic Statement today, outlining their priorities for the months ahead. The Ontario Federation of Labour (OFL) says the update offers no real gains for Ontarians who are feeling the pain of the ongoing health care, housing, and affordability crises. “Today’s update included Ford’s scheme to dole out one-time $200 cheques to even the wealthiest of Ontarians,” said Laura Walton, President of the Ontario Federation o ...

I made an aggressive stock recommendation for Ford (NYSE: F ) (NEOE: F:CA ) just ahead of the third-quarter earnings release because the automaker reported strong electric vehicle sales for the third-quarter, which I figured raised the odds of a strong earningsAnalyst’s Disclosure: I/we have a beneficial long position in the shares of F, GM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (oth ...

Key Takeaways The S&P 500 added 0.2% on Tuesday, Oct. 29, as tech and communication stocks outperformed ahead of quarterly updates from some big names. Shares of Cadence Design Systems surged after the electronic design automation provider topped estimates, citing strong revenue from its AI portfolio. Stanley Black & Decker shares plunged as soft consumer and automotive demand weighed on the toolmaker's results. Major U.S. equities indexes were mixed on Tuesday. The technology and communication sectors outp ...

Key Takeaways JPMorgan and Bank of America analysts lowered their price targets for Ford after the automaker's thirdquarter results. The company missed Wall Street's earnings estimates partly due to its "persistently high warranty expense, according to JPMorgan. The company's Ford Pro commercial division is a reason for optimism long term, BofA said. Ford (F) shares fell Tuesday, as analysts from JPMorgan and Bank of America cut their price targets after the automaker's underwhelming third-quarter results. ...

Shares of Ford Motor Co F tanked in early trading on Tuesday, after the company reported its third-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Bank of Securities analyst John Murphy maintained a Buy rating, while reducing the price target from $20 to $19. RBC Capital Markets analyst Tom Narayan reiterated a Perform rating and price target of $10. Check out other analyst stock ratings. Bank of America Securities: Ford reported adjus ...