“As consumers start to shy away from EVs, their choice will affect not just the car industry, but U.S.-China relations, state budgets and commodity prices.”In the early 1990s, every self-respecting American yuppie and retired suburban couple bought an electric bread maker, with sales hitting 4 million units. But the fad soon faded as these amateur bakers discovered that stuffing a precise quantity and ratio of flour, eggs, butter, yeast and salt into a metal box takes time and costs much more than strolling ...

Ford has issued a recall of nearly 2 million of its Explorer SUVs over concerns that a piece of exterior trim located near their windshields could detach and create a road hazard for other drivers.   The recall affects around 1.9 million Explorers between model years 2011 and 2019.  "An A-pillar exterior trim part that detaches while driving can create a road hazard for other road users, increasing the risk of a crash," the National Highway Traffic Safety Administration said in documents related to the reca ...

ToplineFord is recalling nearly 2 million Explorer SUVs made between 2011 and 2019 over concerns an exterior clip that holds the windshield trim in place can detach mid-driving, causing a trim piece to fly off, in one of the largest U.S. vehicle recalls of 2024 so far.FILE - The 2016 Ford Explorer is presented during the Los Angeles Auto Show on Wednesday, Nov. 19, ... [+] 2014, in Los Angeles. Ford is recalling nearly 1.9 million Explorer SUVs in the U.S. because a trim piece can fly off and create a hazar ...

Macro headwinds, like higher interest rates, inflationary pressures, and general uncertainty, are at the top of every corporate executive's mind these days. In the face of these challenges, Ford (F) has some momentum on its side. The business posted 14% revenue growth year over year through the first nine months of 2023, building on the back of 2022's double-digit gain.But before you rush to buy and hold this automotive stock, think again. History says that you'll regret this decision.Not a good track recor ...

Ford Motor Company (F) ended the recent trading session at $11.20, demonstrating no swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.22%. On the other hand, the Dow registered a gain of 0.36%, and the technology-centric Nasdaq increased by 0.32%.The company's shares have seen a decrease of 9.31% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 7.68% and the S&P 500's gain of 1.61%.The investment community will be paying close atten ...

Tesla (TSLA)  will be one of the heavy hitters reporting earnings this week with the auto giant scheduled to release its fourth quarter financial results on Wednesday, January 24.Going into its Q4 report Tesla’s stock is up a very respectable +46% over the last year but shares have dipped -15% at the start of 2024. With that being said, let’s see if it is time to buy the recent pullback as earnings approach.Image Source: Zacks Investment ResearchDeliveries & Market ShareTesla had 484,507 total deliveries du ...

Ford (F) will cut one of the two production shifts at its Rouge Electric Vehicle Center in Michigan that builds the all-electric F-150 Lightning. The company intends to match customer demand by lowering production. The announcement came amid slower-than-expected customer demand for electric vehicles (“EVs”).The U.S. legacy automaker has been manufacturing the F-150 Lightning since April 2022. In 2023, the company sold 24,000 F-150 Lightning units. This represented a small fraction of Ford's overall F-series ...

In this articleTSLAZE594-CNSTLAM-ITFGMA BYD Seagull small electric car is on display during the 20th Shanghai International Automobile Industry Exhibition at the National Exhibition and Convention Center (Shanghai)Vcg | Visual China Group | Getty ImagesDETROIT – Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. market.Sales of China-made vehicles are rising at notable rates in Asia, Europe and other countries. China recently repo ...

With shares down by 22% over the last ten years, Ford Motor (F 1.91%) stock has been a colossal time waster for most shareholders, who would have been better off putting their money in a savings account. The legacy automaker stagnated at a time when rivals like Tesla (TSLA 0.15%) turned their early investors into millionaires. Now Ford is trying to reinvent itself by betting on electric vehicles (EVs), a technology platform expected to become the future of the automotive industry. Let's dig deeper into what ...

Justin SullivanAs some automakers pull back from producing EVs, Rivian Automotive (NASDAQ:RIVN) should be a beneficiary of less competition. Oddly though, the stock is slumping due to the current negativity on the EV space. My investment thesis is even more Bullish now that the stock has slumped due to fears on EV demand while Rivian has hit EV production targets. Source: FinvizEV Demand While Rivian and Tesla (TSLA) continue pushing forward with ever-increasing production, Ford (F) and other automaker ...