Core Insights - The Chinese EV market is experiencing overcapacity and a significant price war, according to GM's CEO Mary Barra [1][2] - The domestic EV market in China is growing rapidly, contributing to overcapacity and affecting dealer profits [3] - GM's focus on EVs remains strong, but market demand has significantly decreased, leading to increased production of ICE vehicles [4] Group 1: Market Conditions - Barra highlighted the intense competition among over 100 OEMs in China, which is exacerbating the price war and overcapacity issues [2] - The rapid growth of China's domestic EV market is leading to overcapacity, impacting profitability for dealers [3] Group 2: GM's Strategic Decisions - GM has halted production of the BrightDrop EV fleet van due to falling demand, indicating a reassessment of future opportunities at the production site [5] - The company incurred a $1.6 billion charge related to EVs, with $1.2 billion attributed to capacity adjustments [6] - GM has reduced EV incentives following the expiration of the Federal EV credit deadline, aligning with similar actions taken by Ford [6]

Group 1 - American Airlines Group Inc. is expected to report a quarterly loss of 28 cents per share on revenue of $13.63 billion [2] - Tesla Inc. reported third-quarter revenue of $28.095 billion, a 12% increase year-over-year, but earnings per share missed estimates at 50 cents [2] - Honeywell International Inc. is anticipated to post quarterly earnings of $2.57 per share on revenue of $10.14 billion [2] - International Business Machines Corp reported better-than-expected financial results and now expects constant currency revenue growth of more than 5% for full-year 2025 [2] - Ford Motor Co. is expected to report quarterly earnings of 36 cents per share on revenue of $43.08 billion [2]

Ford Motor Company (NYSE:F) will release earnings results for the third quarter, after the closing bell on Thursday, Oct. 23.Analysts expect the Dearborn, Michigan-based company to report quarterly earnings at 36 cents per share, down from 49 cents per share in the year-ago period. The consensus estimate for Ford's quarterly revenue is $42.87 billion, compared to $43.07 billion a year earlier, according to data from Benzinga Pro.The company has beaten analyst estimates for revenue in two straight quarters. ...

Core Viewpoint - Ford Motor Company is expected to report a decline in quarterly earnings and revenue for the third quarter compared to the previous year [1][2] Earnings Expectations - Analysts anticipate Ford's earnings to be 36 cents per share, down from 49 cents per share in the same quarter last year [1] - The consensus estimate for Ford's quarterly revenue is $42.87 billion, a slight decrease from $43.07 billion a year earlier [1] Recent Performance - Ford has surpassed analyst revenue estimates in the last two consecutive quarters and in seven of the last ten quarters overall [2] - The company's stock price fell by 1% to close at $12.43 on Wednesday [2] Analyst Ratings and Price Targets - Jefferies analyst upgraded Ford from Underperform to Hold, raising the price target from $9 to $12 [4] - Goldman Sachs maintained a Neutral rating and increased the price target from $11 to $12 [4] - RBC Capital maintained a Sector Perform rating and raised the price target from $10 to $11 [4] - Piper Sandler maintained a Neutral rating with a price target increase from $9 to $9.5 [4] - Citigroup maintained a Neutral rating and raised the price target from $10 to $11 [4]

Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter. If that figure holds, it would mark the ninth straight quarter of positive earnings growth but a deceleration from the 12% earnings growth reported in Q2 of this year. Expectation ...

Group 1 - Executives from General Motors and Ford expressed gratitude to President Trump for the tariffs on medium- and heavy-duty trucks, indicating a positive impact on their stock prices [1] - The tariffs are positioned as a national security measure, with Trump asserting that they strengthen the US economy [2] - The tariffs will impact various vehicle types, including delivery trucks, garbage trucks, public utility trucks, transit buses, school buses, and semi-trucks [2] Group 2 - Prior to the new tariffs, the US had a 15% tariff on light-duty vehicles as part of trade agreements with Japan and the EU [3] - In April, a 25% tariff was imposed on all automobile imports, which was later extended to auto parts in May [3] - Producers are permitted to deduct the value of US components from tariffs on light-duty vehicles assembled in Canada and Mexico [3]

President Donald Trump said the chief executives of General Motors Co and Ford Motor Co called to thank him on Wednesday for putting tariffs on mid- and large-sized trucks, saying their companies stock has soared. ...

General Motors Co. (NYSE: GM) releases quarterly earnings before Ford Motor Co. ...

Recall Information - Ford Motor Company is recalling over 1.4 million vehicles in the U.S. due to a rearview camera malfunction that may cause distorted, intermittent, or blank images when reversing [1][2] - The recall affects 1,448,655 vehicles, including models from 2015 to 2020 such as the Flex, Explorer, Lincoln MKT, Lincoln MKZ, C-Max, Escape, Taurus, Fusion, Fiesta, and Mustang [2] Recent Setbacks - The recent recall is part of a series of setbacks for Ford in 2025, including a previous recall of over 680,000 vehicles due to various issues, including steering defects in F-250, F-350, and F-450 pickup trucks [3] - In September, Ford recalled 115,000 F-250, F-350, and F-450 trucks due to potential steering column detachment [4] - A fire at a key Ford supplier in September is expected to disrupt production operations for several months [4] Sales Performance - Despite the recalls, Ford achieved a record third quarter in electric vehicle (EV) sales, with a 19.8% increase to 85,789 units [5] - The Mustang Mach-E experienced a significant sales surge of 50.7%, marking its best quarter to date [5] - The F-Series trucks surpassed 600,000 units sold year-to-date, maintaining its position as America's best-selling truck for the 49th consecutive year [5] - Ford has a growth score of 52.96% and a momentum rating of 68.23% according to Benzinga Edge Stock Rankings [5]

Group 1 - Great Wall Motors announced the pre-sale of the new Tank 400, starting at 309,800 yuan [2] - From January to September 2025, the top ten automotive companies sold a total of 20.431 million vehicles, accounting for 83.9% of total automotive sales [4] - Mercedes-Benz is implementing a major layoff plan affecting 30,000 employees, with severance packages up to 500,000 euros for senior management [3][5] Group 2 - Ford is recalling over 1.448 million vehicles in the U.S. due to rearview camera malfunctions [4]