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Ford celebrates Mustang's 60th anniversary with special edition
Fox Business· 2024-04-17 15:25
Ford Motor Co. is celebrating the Mustang's 60th anniversary on Wednesday when it will unveil a special edition of the classic pony car to commemorate its legacy. In honor of the Mustang, which made its debut at the 1964 New York World's Fair, Ford is holding an event at Charlotte Motor Speedway in North Carolina. Joe Bellino, Mustang Brand Manager, told FOX Business that the company is "planning for just over 2,000 Mustang owners and fans to be in attendance and they'll be able to bring their own personal ...
Earnings Preview: Ford Motor Company (F) Q1 Earnings Expected to Decline
Zacks Investment Research· 2024-04-17 15:07
Wall Street expects a year-over-year decline in earnings on higher revenues when Ford Motor Company (F) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24. ...
Ford's Latest Recall Affects Over 450,000 Trucks And SUVs
Forbes· 2024-04-17 14:56
ToplineAutomaking giant Ford will recall over 450,000 trucks and SUVs, the National Highway Traffic Safety Administration announced Wednesday morning, the latest in a troubling string of recalls amid multiple federal investigations into safety issues.Ford has recalled millions of vehicles over the past year, now including some of its Maverick trucks ... [+] and Bronco Sport SUVs.AFP via Getty Images Key FactsThe recall affects Ford’s Bronco Sport manufactured between 2021 and 2024, as well as its Maverick t ...
Ford Motor Company (F) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-04-16 22:51
Ford Motor Company (F) closed the latest trading day at $12.16, indicating a -0.57% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.Shares of the company witnessed a gain of 0.41% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 1.54% and the S&P 500's loss of 0.9%.The upcoming earnings release of Ford Mot ...
GM and Ford liked most into auto earnings season, Tesla 'high risk'
Proactive Investors· 2024-04-16 17:29
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Ford offers Tesla drivers $1,500 discount to switch
Business Insider· 2024-04-13 14:28
Ford is offering Tesla owners a special discount on its F-150 Lightning and Mustang Mach-E.The discount is reportedly called "Tesla Competitive Conquest Bonus Cash."This move comes as Ford reportedly faces challenges in offloading its electric cars. 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 ...
Ford Stock Has 27% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-13 07:10
Ford's EV sales rocketed 86% higher in the first quarter, but that wasn't the good news.Ford Motor Company (F -3.30%) appears to be throttling back its efforts to shift toward producing more fully electric vehicles (EVs), and one analyst thinks this strategy makes good sense. This week, Barclays analyst Dan Levy boosted his price target on the automaker while continuing to say Ford shares should be bought.Levy edged his price target for Ford stock up $1 to $16, but that would still represent a 27% gain over ...
Ford's Blue Cruise self-driving tech was in use during fatal crash, probe finds
New York Post· 2024-04-12 16:50
The driver of an electric Ford SUV involved in a fatal crash earlier this year was using the automaker’s self-driving technology at the time of the reck, federal investigators concluded on Thursday.The National Transportation Safety Board said in a preliminary report that the Ford Mustang Mach-E involved in the deadly accident on on Interstate Highway 10 in San Antonio, Texas, on Feb. 24 had “Blue Cruise” in use. Based on data from the vehicle, the Ford driver had been operating in Blue Cruise — which Ford ...
Ford (F) Reduces Prices of F-150 Lightning by up to $5,500
Zacks Investment Research· 2024-04-12 15:11
Ford Motor Company (F) is reducing the prices of some of its F-150 Lightning trims by up to $5,500 to stimulate demand for electric vehicles (EVs). The latest round of price cuts was focused on F-150 Lightning’s mid-level variants.Per the CarsDirect Report, the price adjustments of the F-150 Lightning came into effect on Apr 5, 2024. In the recent round of price cuts, the starting prices of Lightning Pro Standard Range and Lightning Platinum Extended Range variants remained unchanged at $54,995 and $84,995, ...
Ford recalls nearly 43,000 vehicles over fuel leaks that increase fire risk
Fox Business· 2024-04-11 22:55
Ford Motor Co. is recalling tens of thousands of small SUVs over concerns cracked fuel injectors could leak, increasing the risk of sparking a fire in engines. A notice posted by the National Highway Traffic Safety Administration (NHTSA) said the recall is for certain 2022-2023 Bronco Sport and 2022 Escape models with 1.5-liter engines, totaling 42,652 vehicles. FORD SPOTLIGHTS A NEW LINEUP OF POPULAR TRUCKSThe NHTSA notice said Ford is addressing the issue by having dealers update the affected vehicles' en ...