With US electric vehicle sales starting to slow, Ford Motor Co says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.The Dearborn, Michigan, company said on Thursday that a much ballyhooed new electric pickup to be built at a new factory in Tennessee will be delayed by a year until 2026.The big electric SUV, with three rows of seats, will be delayed by two years until 2027 at the company’s factory in Oakville, Ontario, near ...

Ford (F) sold 508,083 vehicles in the United States in the first quarter of 2024. The figure rose 7% year over year. F's strategy to provide a wide range of customers by offering freedom of choice across gas, hybrid and electric vehicles (EVs) has driven the company’s sales.Increasing demand for hybrid trucks and SUVs positioned the automaker to deliver its record quarterly hybrid sales. Ford Maverick continues to attract more customers to the brand. Maverick hybrid became America’s best-selling truck with ...

Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron phosphate batteries, Feb. 13, 2023.DETROIT – Ford Motor is delaying production of a new all-electric three row vehicle, as it shifts to offer hybrid options across its entire North American lineup, the company said Thursday.The Detroit automaker said it will continue to invest in EVs, including the three-row SUV, but it is postponing it ...

Key TakeawaysFord Motor posted strong first-quarter sales on demand for its hybrids and SUVs.Sales of hybrids were up 42% from the same period a year ago and set a quarterly record for the automaker.SUV sales climbed 16.8% and made up nearly half of all sales, with Ford brand SUVs also reaching a quarterly high. Ford Motor (F) shares gained close to 3% Wednesday as the automaker reported a 6.8% year-over-year rise in first-quarter sales driven by demand for its hybrid vehicles and SUVs. The company said it ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Lukas Schulze Shares of Ford (NYSE:F) entered into a new up-leg in November and the current rally, in my opinion, has potential to continue even as the market realizes that EV demand is not going to be as strong as initially expected. Ford said earlier this year that electric vehicle demand is slowing and that it would scale back its production for the F-150 Lightning pick-up truck as a result. However, I see considerable potential for Ford to declare incremental supplemental cash dividends going forwar ...

When you think of investing in Ford Motor Company (F 1.69%) and its potential growth stories, it's easy to bring up its dividend or dominance in high-value trucks and SUVs, or maybe even its potential in electric vehicles (EVs).Those are all fine points, but in a surprising twist to many, Ford's most compelling growth story might come from Ford Pro, its solution for commercial customers -- here's why.Comparing the basicsIronically, considering over a decade ago most commercial sales were considered low marg ...

ToplineThe National Highway Traffic Safety Administration has started an investigation into 2014 Ford F-150s following dozens of reports from drivers stating the trucks’ automatic transmission can downshift without warning, opening the doors for a potential expansion of a recall issued for similar problems in earlier model trucksFord introduces the new F-150 pickup truck at the North American International Auto Show on Jan. 13, ... [+] 2014 in Detroit, Michigan.Getty Images Key FactsThe NHTSA said it has re ...

The electric vehicle sector is going through interesting times. The industry faces macroeconomic headwinds and intense competition has also impacted companies. Some of the best EV stocks to buy during the last bull market are languishing at lower levels.If this is not enough, there is already chatter in the streets that the EV euphoria is dead. It’s true that automakers are scaling back on their expansion plans. However, a lot has to do with macroeconomic challenges.I believe that the EV sector is due for a ...

Start Time: 12:10 January 1, 0000 1:08 PM ET Ford Motor Company (NYSE:F) Bank of America Securities 2024 Automotive Summit March 26, 2024, 12:10 PM ET Company Participants John Lawler - CFO Conference Call Participants John Murphy - Bank of America John Murphy Thanks for coming back. We are very happy to have Ford in this next session. Ford is a company that, at least in our opinion, has the box loaded for the next three years on some traditional EV products. So they're in a great position from a sort of ca ...