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THE COLLEGE FOR CREATIVE STUDIES UNVEILS INNOVATIVE SPONSORED PROJECTS BY TRANSPORTATION DESIGN STUDENTS
Newsfilter· 2024-02-19 16:08
Detroit, MI, Feb. 19, 2024 (GLOBE NEWSWIRE) -- The College for Creative Studies (CCS) is proud to announce the successful completion of two groundbreaking projects sponsored through the Transportation Design program during the Fall 2023 semester. These two projects, carried out separately in collaboration with Ford and Gravity Sketch and American Chemistry Council, demonstrate the College's commitment to fostering creativity, sustainability, cutting-edge design and innovation for the future of automotive t ...
UAW threatens to strike Ford truck plant in Kentucky if local issues aren't resolved
CNBC· 2024-02-16 17:57
United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023.DETROIT – The United Auto Workers is threatening a labor strike at Ford Motor's largest U.S. plant if local union demands aren't resolved by next week.The Detroit union on Friday said nearly 9,000 UAW autoworkers at Ford's Kentucky Truck Plant could strike at 12:01 a.m. on Feb. 23 if local contract issues remain. The plant — Ford's largest in terms of employm ...
Ford, GM CEOs open to partnerships to compete with China
Fox Business· 2024-02-15 23:30
The CEOs of leading U.S. automakers Ford and GM signaled Thursday they’re open to considering partnerships to lower the cost of electric vehicle technology to compete with low-cost Chinese EVs looking to the U.S. and European markets. "If there’s ways that we can partner with others, especially on technologies that are not consumer-facing, and be more efficient with R&D as well as capital, we’re all in," GM CEO Mary Barra told investors at a conference sponsored by Wolfe Research.Ford CEO Jim Farley also op ...
F-Rated SNAP Stock Is Destined to Stagnate Near $10. Sell Shares Now.
InvestorPlace· 2024-02-15 20:14
Snap (NYSE:SNAP) stock plummeted 30% last week after announcing lackluster 2024 guidance. First-quarter sales are expected to grow only 13% to $1.11 billion, barely half of what rivals like Meta Platforms (NASDAQ:META) expect. Analysts expect profits at the Santa Monica-based firm to hit just $205 million this year, a quarter of its 2021 peak.At its core, Snapchat faces a popularity problem. Rival platforms like TikTok and Instagram are keen innovators, and teens have increasingly turned to these video-firs ...
Ford Motor Company (F) Wolfe Research Global 2024 Auto and Auto Tech Conference Call (Transcript)
2024-02-15 19:58
Ford Motor Company (NYSE:F) Wolfe Research Global 2024 Auto and Auto Tech Conference February 15, 2024 8:55 AM ET Company Participants Jim Farley - President, CEO & Director John Lawler - CFO Conference Call Participants Rod Lache - Wolfe Research Jim Farley [Call Starts Abruptly] … a much stronger Ford. We would have a much stronger base. The irony of that though is that if we had done that quicker, would we have really trusted that organization to disrupt itself like we have. I think one of the biggest gi ...
Ford CEO urges the Wall Street to ‘stop looking at Tesla'
Invezz· 2024-02-15 17:55
Ford Motor Co (NYSE: F) is in focus today after Jim Farley – its chief executive urged the Wall Street to forget about Tesla Inc (NASDAQ: TSLA).Ford touts its ‘Pro’ unit as the future of auto industryCopy link to sectionThe chief executive instead wants them to focus on his company’s “Pro” segment that approximately doubled its earnings (pre-tax) in 2023 to $7.2 billion. If you’re looking for the future of the automotive industry, stop looking at FSD and Tesla. Look at Ford Pro. It’s got half a million subs ...
Jordan Davis Brings Family History to Ford Truck Month Celebrations
Businesswire· 2024-02-15 17:31
DALLAS--(BUSINESS WIRE)--Music Audience Exchange (MAX) celebrates Ford Truck Month and its longstanding partnership with Ford with this campaign featuring country star Jordan Davis. Through Ford Music (and Música Ford), Ford partners with the best musicians from across the country, featuring the music that drives them to go further. Using a combination of proprietary tech and curation from their team of artist experts, MAX identified Jordan Davis as having the perfect audience fit and brand personality ...
Ford CEO tells Wall Street to forget Tesla, says 'Pro' business is the future of the auto industry
CNBC· 2024-02-15 17:04
Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023.DETROIT – Ford Motor CEO Jim Farley on Thursday urged Wall Street to forget about Tesla and its FSD driver-assistance systems as the future of the auto industry, arguing investors should instead focus on the Detroit automaker's "Pro" fleet ...
Ford CEO rethinking where to build cars after crippling UAW strike: ‘Watershed moment'
New York Post· 2024-02-15 16:43
Last fall’s contentious United Auto Workers’ strike changed Ford’s relationship with the union to the point where it will “think carefully” about where it builds future vehicles, Ford’s top executive said Thursday.CEO Jim Farley told the Wolfe Research Global Auto Conference in New York that the company always took pride in its relationship with the UAW, having avoided strikes since the 1970s.But last year, Ford’s highly profitable factory in Louisville, Ky., was the first truck plant that the UAW shut down ...
Colombian Superstars Piso 21 Celebrate Ford Truck Month
Businesswire· 2024-02-15 15:31
DALLAS--(BUSINESS WIRE)--Music Audience Exchange (MAX) kicks off Ford Truck Month with this Música Ford campaign featuring one of Latin music’s most iconic groups: Piso 21. This Ford Truck Month campaign is a continuation of a long-standing, successful relationship between MAX and Ford. Through Música Ford (and Ford Music), Ford partners with the best musicians from across the country, giving fans a peek into their lives and featuring the music that drives them to go further. Música Ford’s success start ...