Very interested in that. The off road, the on road performance hierarchy is very simple to see. And the very top is overserved, in my opinion.But no one's ever done this all through super supercar. That was Ford CEO Jim Farley teasing the possibility of developing a supercar or even a hypercar, if you will, for off road racing. He spoke on our podcast Hot Pursuit with Hannah Elliott.She is a staff writer. Bloomberg Businessweek joins us right now from Los Angeles. And Hannah, this was super exciting.You wer ...

Ford is looking at developing a supercar for off-road racing as a follow-up to its new $325,000 Mustang GTD high-performance sports car https://t.co/1Dd2yrfdBC ...

Group 1 - The State Administration for Market Regulation announced a recall plan involving 8 automotive manufacturers, totaling 7,300 vehicles to be recalled by July 2025 [1] - Porsche (China) is recalling 1,248 vehicles from the Panamera and Taycan series due to a manufacturing issue where the front shock absorber strut clamp may not be fully engaged, potentially leading to air leakage in the air suspension, affecting vehicle handling and increasing collision risk [1] - Ford Motor (China) is recalling 2,264 Lincoln Navigator vehicles because the right front brake line may interfere with the air filter outlet pipe, causing brake fluid leakage, which could reduce braking efficiency and increase collision risk [1]

Heard on the Street: Ford appears determined to avoid cutting its dividend, even as President Trump’s tariff policies wreak havoc on its business https://t.co/2g1ENezGbv ...

Core Viewpoint - Ford Motor Company has struggled as an investment for decades, but its new electric vehicle (EV) manufacturing methodology may provide a much-needed boost [1][2] Group 1: Company Challenges - Ford's "Model E" EV division has incurred significant losses, amounting to $2.2 billion in the first half of the year [2] - The company faces production issues due to the structural differences between battery-powered and internal combustion vehicles, leading to recalls [3] Group 2: New Manufacturing Strategy - CEO Jim Farley announced a $5 billion initiative to convert the Louisville production facility into a dedicated EV production site, reworking the assembly line into an "assembly tree" [4] - This new process aims to reduce parts by 20% and increase production speed by up to 40%, potentially allowing Ford to sell an electric pickup truck for around $30,000 by 2027 [5] Group 3: Potential Risks and Timeline - The timing of the announcement coincides with the reduction of federal EV subsidies, which could negatively impact consumer demand for EVs [8] - The new assembly process may not deliver the expected efficiency and cost savings, risking the $5 billion investment [9] - The first vehicle from the reconfigured plant is not expected until 2027, making it a long wait for investors to see any potential benefits [10]

Core Viewpoint - Ford Motor Company is investing $5 billion in its electric vehicle (EV) business to stimulate sales growth and counter competition from Chinese automakers [1][2]. Investment Strategy - The investment aims to create a new assembly line specifically for electric vehicles, which will support the manufacture of various models, including a light pickup truck priced around $30,000 [4]. - More than half of the $5 billion will be allocated to lithium battery technology, which Ford claims can reduce battery size and cost by approximately one-third without compromising range [6]. Current EV Performance - Ford's existing EV business has not been profitable, with only $3.9 billion in electric vehicle sales last year, a 35% decline year-over-year, representing about 2% of total revenue of $185 billion [8]. - The EV segment incurred an operating loss of over $5 billion in 2024, raising concerns about production scale and demand [8]. Market Sentiment - A survey by the American Automobile Association indicates that only 16% of U.S. adults are likely to purchase a fully electric vehicle, down from 25% in 2022, while the percentage of those unlikely to buy an EV has increased to 63% [10]. - Ford's investment is heavily focused on the U.S. market, where it generates about two-thirds of its sales and nearly all profits, despite the growing market for EVs in countries like China [12]. Future Outlook - The investment represents a significant risk for Ford, which has around $100 billion in long-term liabilities and generates about $5 billion in net income annually [14]. - If consumer interest in electric vehicles does not improve by the time new models are produced in 2027, Ford's challenges may intensify [14]. - Despite the risks, Ford shares are currently priced at about 8 times next year's expected earnings, with a trailing dividend yield of over 5%, suggesting that some risk is already reflected in the stock price [15].

Core Viewpoint - Ford Motor Company is discontinuing the Escape and Lincoln Corsair at the end of the 2026 model year, raising concerns among investors about the potential risks of exiting popular vehicle segments without a clear plan [1][4]. Sales Performance - The Escape sold 93,805 vehicles in the U.S. through July, outperforming the Bronco and Bronco Sport, which saw a 45% year-over-year growth [3]. - Despite its sales success, the Escape has experienced some of its worst-selling years in the past five years [5]. Strategic Decisions - Ford is replacing the Escape and Corsair production with a new midsize electric pickup truck, expected to be priced around $30,000, which is seen as a compelling price point for an electric vehicle [7]. - The company has invested approximately $5 billion in the Louisville Assembly Complex, creating around 4,000 jobs to support the production of up to eight new EVs [9]. Financial Implications - Ford's Model-e division, responsible for EVs, reported a loss of $5.1 billion during 2024, raising concerns about the financial viability of replacing profitable gasoline vehicles with electric models [10]. - The company anticipates that the new electric pickup will be profitable early on, marking a significant step in the evolution of EV profitability [10]. Market Challenges - The transition to electric vehicles may face challenges due to slower-than-expected EV sales growth in the U.S. and potential rollbacks of EV incentives and tax credits by the current administration [11]. - While the decision to discontinue popular models may cause concern among investors, it reflects a strategic long-term vision that is not always characteristic of Detroit automakers [12].

Ford and South Korea’s SK On are seeking buyers for excess battery supply produced at their new joint-venture Kentucky factory, underscoring the waning demand for electric vehicles in the US https://t.co/t325u2DKAQ ...

Domestic News - Beijing is accelerating the expansion of hydrogen fuel vehicles and enhancing hydrogen energy infrastructure, including applications in bicycles and drones [2] - Chongqing has announced an adjustment to its 2025 vehicle replacement subsidy policy, allocating an additional 300 million yuan for the third quarter, with specific subsidy standards for new energy and fuel vehicles [3] - The "Thousand Counties and Ten Thousand Towns" new energy vehicle consumption season has been launched in Hubei, with 100 million yuan in consumer vouchers to stimulate local demand [4] - SAIC-GM has signed a cooperation agreement with Momenta to integrate advanced autonomous driving technology into its Buick models [5][6] - XPeng Motors has reached a strategic cooperation agreement with CITIC Bank, securing a credit line of 10 billion yuan to support its operations and development [7] - Beijing Benz's Yizhuang plant is set to produce the new all-electric CLA model, which will feature advanced driving assistance technologies and a range of 866 km [8] - Tesla has launched its first batch of V4 supercharging stations in Fujian, expanding its charging network to cover major cities [9] - NIO plans to expand into Singapore, Uzbekistan, and Costa Rica between 2025 and 2026, introducing new models in these markets [10] International News - In the Philippines, July car sales decreased by 2.6% year-on-year, with total sales for the first seven months showing a slight increase of over 1% [11] - Hyundai plans to establish an assembly plant in Algeria to enhance its presence in the Middle East and Africa [12] - Canada's zero-emission vehicle sales fell by 35.2% in June, while overall vehicle sales increased by 6.2% [13] - Maruti Suzuki is expanding its SUV lineup to address declining demand for small cars, with a new model set to launch soon [14] Commercial Vehicles - The new energy Chenglong cargo truck has been launched in Hangzhou, designed for logistics and cold chain transportation [16] - Isuzu aims to make South Africa a hub for truck production in Africa, increasing local component sourcing [17] - TuDatong and DeepWay have upgraded their strategic cooperation, enhancing the perception capabilities of DeepWay's new models with advanced lidar technology [18][19] - Ford plans to unveil a new electric pickup truck in 2027, promising competitive performance and lower total ownership costs compared to existing models [20]

Core Viewpoint - The overall pickup market is experiencing a downturn in the first half of 2025, with the growth of new energy vehicles being a rare highlight in the market [3][25]. Sales Performance - In July 2025, the domestic pickup market sold a total of 20,248 units, representing a month-on-month decline of 1.59% and a year-on-year decline of 6.61% [6][18]. - Cumulatively, from January to July 2025, the total sales reached 159,178 units, down 4.23% compared to the same period last year [6][18]. Fuel Type Analysis - In July 2025, diesel pickup sales were 13,854 units, down 2.48% month-on-month and down 11.40% year-on-year [8]. - Pure electric pickups sold 1,182 units, with a year-on-year increase of 96.35, despite a month-on-month decline of 14.84% [8]. - Gasoline pickups sold 4,210 units, showing a slight month-on-month increase of 0.31% but a year-on-year decline of 15.33% [8]. - Hybrid pickups saw significant growth, with sales of 849 units, a month-on-month increase of 48.43% and a year-on-year increase of 139.15% [8]. Regional Performance - By July 2025, three regions in China had sales exceeding 10,000 units: Xinjiang (13,699 units), Yunnan (11,399 units), and Sichuan (10,313 units) [10]. - Guangdong showed remarkable growth with a cumulative sales increase of 27.01% year-on-year, reaching 8,600 units [10]. Brand Rankings - The top ten brands in July 2025 were led by Great Wall (9,224 units), followed by JMC (2,888 units) and Zhengzhou Nissan (2,378 units) [12][18]. - The brand Radar experienced the most significant growth, with a year-on-year increase of 153.92% in July [18]. Market Share - In the first seven months of 2025, Great Wall's market share was 46.52%, while JMC's was 14.45% [20]. - Zhengzhou Nissan and Jiangxi Isuzu had market shares of 10.37% and 7.35%, respectively, both better than the previous year [20]. New Energy Vehicle Sales - In July 2025, new energy pickup sales reached 2,031 units, a month-on-month increase of 3.62% and a year-on-year increase of 112.23% [22]. - Cumulatively, from January to July 2025, new energy pickups sold 12,416 units, a year-on-year increase of 114.92% [22]. Future Outlook - The pickup market is expected to continue facing pressure in the second half of 2025, but the transition to new energy and evolving regional demands are injecting new vitality into the market [25][26].