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Ford's hands-free BlueCruise system was active before fatal Texas crash
TechCrunch· 2024-04-11 21:08
The driver of a Mustang Mach-E who crashed into a stationary car in Texas in February was using Ford’s hands-free driver assistance system, BlueCruise, according to data obtained by the National Transportation Safety Board.It’s the first known fatality resulting from a crash involving the use of BlueCruise, which Ford first announced in 2021. The system allows drivers to take their hands off the wheel on pre-mapped highways, and uses eye-tracking to determine whether drivers are paying attention to the road ...
Ford prepares to resume F-150 Lightning shipments, drops prices on some models
CNBC· 2024-04-11 19:59
The F-150 Lightning on display at the New York International Auto Show on March 28, 2024.DEARBORN, Mich. – Ford Motor is lowering the starting prices of some all-electric F-150 Lightning pickup trucks as it prepares to resume shipping the vehicles after quality issues. The included models are expected to ship later this month for between $2,000 and $5,500 less than before the automaker halted shipments for undisclosed quality issues in early February.The biggest price decrease is on the pickup's mid-level " ...
Sleeping Giants: 3 Stocks Set for a Massive Rebound by 2026
InvestorPlace· 2024-04-11 19:55
Finding opportunities that offer considerable returns in the fast-paced world of investing demands astute awareness of changing market circumstances. Three prominent participants are noticeable as they look out into the stock market. The first one, an automotive behemoth, continues to command the U.S. automobile industry. The company’s trajectory is poised for growth, with solid sales and a grip on profitable segments like SUVs and trucks.The second is a company well-known for its automotive heritage. Its s ...
5 Ford Escape Years to Avoid and 5 Years to Own
24/7 Wall Street· 2024-04-11 18:30
5 Ford Escape Years to Avoid and 5 Years to Own tomeng / iStock Unreleased via Getty Images As one of the most popular compact crossover SUVs around, the Ford Escape is very important to Ford. At its high in 2017, the Ford Escape sold as many as 308,000 models while sales typically average between 137,000 and 183,000.   Overall, these are strong models in the compact crossover segment and the Escape is a solid choice for customers looking for a smaller SUV small enough for city life while offering enough ...
Ford Under Investigation After Fatal Crash Potentially Involving Driver Assistance System, NHTSA Says
Forbes· 2024-04-11 17:58
ToplineThe National Highway Traffic Safety Administration has opened an investigation into a fatal crash involving a Ford vehicle last month, after regulators suspect the car was relying on its automated driving system—the latest probe into a fatal crash this year in which Ford’s driver assistance system this year was a suspected factor.The probe is the latest into a fatal crash in which Ford’s driver assistance system was a suspected ... [+] factor.Anadolu via Getty Images Key FactsThe agency said Thursday ...
Ford spotlights a new lineup of popular trucks
Fox Business· 2024-04-11 11:21
Ford Motor Co. is celebrating the ramp up of shipments for its lineup of new model year pickup trucks with a trio of "truck takeover" events Thursday at its manufacturing plants as it looks to build on its status as the leading truck-maker. "This is a really special time for us. I've been with the company almost 30 years, but I can't remember a time where we've done what we're doing right now, which is launching a new F-150 and an all-new Ranger simultaneously," John Emmert, Ford's general truck manager, to ...
New Mexico's EV Mandate Supports Sustainability Amid Challenges
Zacks Investment Research· 2024-04-10 14:31
New Mexico's decision to adopt California's zero-emission vehicle rules has sparked a contentious debate, pitting environmental concerns against the interests of automotive dealers and rural communities. Automotive dealers are in a fix as concerns linger regarding infrastructure readiness and affordability of electric vehicles (EVs) in the state. Amid the slower-than-expected adoption of EVs, legacy automakers like General Motors (GM) , Ford (F) , Toyota (TM) and Honda (HMC) , among others, have already dow ...
3 Auto Giants Surging in 2024: Time to Buy?
InvestorPlace· 2024-04-10 13:18
In the first quarter of 2024, several auto giants began to show signs of strength. Undoubtedly, shares of numerous traditional automakers have lost considerable ground in recent years at the hands of macro headwinds. However, with newfound momentum and the potential for further upside recovery, these auto stocks could lead the charge as their buzzier electric vehicle (EV) pure-play counterparts look to rest.Indeed, it was all about EV stocks just two years ago. Nowadays, traditional automakers are starting ...
Ford Motor Company (F) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-04-09 22:51
In the latest trading session, Ford Motor Company (F) closed at $13.54, marking a +0.97% move from the previous day. This change outpaced the S&P 500's 0.15% gain on the day. Meanwhile, the Dow experienced a drop of 0.02%, and the technology-dominated Nasdaq saw an increase of 0.32%.The company's stock has climbed by 10.73% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 0.39% and the S&P 500's gain of 1.65%.Investors will be eagerly watching for the performance of Ford Motor Company in ...
Fast-paced Momentum Stock Ford Motor (F) Is Still Trading at a Bargain
Zacks Investment Research· 2024-04-08 13:50
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...