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Lawler to Discuss Customer-Focused Ford+ Growth Plan at Bank of America Securities Auto Summit
Businesswire· 2024-03-12 12:30
DEARBORN, Mich.--(BUSINESS WIRE)--Ford CFO John Lawler will discuss the company’s customer-centered Ford+ plan to improve growth, margins and capital efficiency while reducing cyclicality at the upcoming BofA Securities Auto Summit. The conference is scheduled for Tuesday, March 26; Lawler will be speaking at 12:10 p.m. ET. During the fireside chat, Lawler will highlight Ford's lineup of iconic, software-defined leading gas, hybrid and electric vehicles. He will explain how Ford’s distinct business segment ...
3 Electric Vehicle Stocks to Buy Before They Enter the Fast Lane
InvestorPlace· 2024-03-11 14:30
Looking for electric vehicle stocks to buy? There’s much handwringing going on here. Concerns are rising that consumers have lost interest in battery-powered cars, trucks, and SUVs. This is due to several factors: high prices, low battery range, and a lack of public infrastructure to support vehicles on roads and highways. In short, EVs are too impractical for consumers to buy.While sales of electric vehicles in America surpassed one million units in 2023, they currently account for only 8% of all vehicles ...
Ford Wins As Electrification Stalls
Seeking Alpha· 2024-03-09 07:00
Tomwang112 We previously covered Ford Motor (NYSE:F) in December 2023, discussing its uncertain prospects then, attributed to the reduced EV productions through 2024 and the intensified competition from multiple legacy/ start up automakers. With the moderated EV cash burn negated by the impact of $8.8B in profit headwinds through 2028 from the UAW contracts, we had preferred to prudently reiterate our Hold rating then. In this article, we shall discuss why we are cautiously upgrading the F stock to a Bu ...
Ford's secret weapon in the fight against Tesla: hybrids
Business Insider· 2024-03-08 19:56
Ford's hybrids are bringing new customers to the brand amid the EV sales slowdown.Ford's middle-of-the-road approach to hybrids and EVs is paying off for now.Hybrids will continue to play an important role for Ford. NEW LOOK 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! Access your favorite topics in a personalized feed while you're on the go. Email address By clicking “Sign Up”, you accept ...
Great News for Ford Stock Investors!
The Motley Fool· 2024-03-08 11:10
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
3 Blue-Chip Stocks for 100% Total Returns by 2025
InvestorPlace· 2024-03-05 20:37
When investors look for relatively high returns in quick time, the focus is on high-growth stocks. Blue-chip stocks are generally associated with stable returns over time. However, there are exceptions, and some attractive blue-chip stocks to buy can surprise by outperforming growth stocks during a specific timeframe.Nvidia (NASDAQ:NVDA) has been among the hot blue-chip stocks and has skyrocketed by 73% year-to-date. Further, over the last 12 months, the stock has surged by 257%. My focus in this column is ...
Ford (F) Reports U.S. Sales Growth of 10.5% Y/Y in February
Zacks Investment Research· 2024-03-05 15:36
Ford’s (F) U.S. sales in February increased 10.5% year over year on the back of strong hybrid and electric vehicle (EV) sales, making the automaker the No. 1 seller in America for two consecutive months.The legendary automaker sold 174,192 units of cars and trucks in February. During the same month, sales of EVs, hybrid models and internal combustion engines rose 81%, 32% and 7.5% year over year, respectively.The rise in hybrid vehicle sales reflects Ford's commitment to increasing its investment in hybrid ...
A Decade of Success: Ford Pro Marks 10th Anniversary of Transit Van in America with Upgrades to E-Transit, Charging & Software
Businesswire· 2024-03-05 11:00
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Transit®—America’s iconic No. 1 bestselling commercial van1—celebrates a decade in-market and its 10th year of U.S. production and sales with enhancements to E-Transit™ range and new charging, software and integrated solutions, helping to ease the transition to electric and maximize benefits for commercial customers. Ford Transit History: A Legacy of Hard-Working Versatility Transit has provided customers with the power of choice across cargo, cutaway, chassis cab an ...
Ford sales jumped in February, led by gains in hybrids and EVs
Fox Business· 2024-03-04 22:05
Ford Motor announced Monday that the company's U.S. sales jumped 10.5% in February with strong sales growth among electric vehicles (EVs) and hybrid vehicles. Sales of Ford's hybrid vehicles increased 36.7% year-to-date through February, with sales in February up 31.5% compared to a year ago with 12,045 vehicles sold."Hybrid vehicles continue to be a growth segment for Ford and sales have grown at a faster rate than the overall U.S. industry for much of the last year," Ford said of the news. EV sales at For ...
Rising Demand for Hybrids and EVs Helped Lift Ford's February Sales
Investopedia· 2024-03-04 21:50
Key TakeawaysFord Motor Co.'s February sales increased 10.5% from the year-earlier period as demand for electric vehicles (EVs) and hybrid vehicles jumped.EV sales skyrocketed 81% in the latest month, while hybrid sales were up 32%. However, the vast majority of Ford's sales—nearly 90%—continued to be from traditional internal combustion engine vehicles.Ford posted an unexpected drop in sales of its F-series truck lineup during February. Ford Motor Co. (F) shares gained Monday after the carmaker reported a ...