Ford (F) has asked owners of F-150 pickups with the Trailer Tow Max Duty package to contact the dealership to get their vehicles tested for newly identified defects. Per the National Highway Transportation Safety Administration (“NHTSA”) website, the auto manufacturer is recalling 112,965 F-150 pickups due to a defect in the rear axle hub.Per NHTSA, defective axle hub splines can result in a vehicle rolling away in the absence of a parking brake or cause a loss of drive power, increasing the risk of a crash ...

Ford announced that it’s adjusting the price of some of its F-150 Lightning models, boosting some as much as $10,000 while slashing others up to $7,000.The starting price of the Detroit automaker’s electric pickup will now range from $54,995 for an entry-level Pro model to $92,995 for a Platinum Black trim, according to CNBC.The 2023 models previously went for between $49,995 and $97,995.Despite the $10,000 bump on the F-150 Lightning Pro model, it still rings in below Tesla’s rival electric pickup, the 20 ...

DETROIT – Ford Motor's U.S. sales increased about 7% last year, marking the automaker's best sales since 2019 but coming in lower than the overall industry's growth.Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company finished third in overall U.S. sales, trailing Toyota Motor and General Motors."In a year of challenges, from a labor strike to supply issues, our amazing lineup of gas, electric and hybrid vehicles and our fantastic dealers ...

DETROIT – Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models.The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an entry-level Pro model to $92,995 for a Platinum Black trim. The models previously started at between $49,995 and $97,995 for the 2023 model-year.The prices of the Platinum and Platinum Black models, with additional technologies and luxury amenities, were lowered ...

ToplineFord will recall nearly 113,000 of its bestselling F-150 pickup trucks for a defective rear axle hub bolt that could cause the vehicle to roll away while parked, according to a filing Wednesday—the latest recall of F-150 vehicles by the automaker amid other investigations into Ford vehicles.The automaker issued a larger recall for the top-selling vehicle last year over defective parking ... [+] brakes.Getty Images Key FactsFord’s recall affects F-150 pickup trucks manufactured between 2021 and 2023, ...

Key TakeawaysFord shares dropped in early trading Wednesday after the company recalled 112,965 F-150 pickups that could be affected by a roll away risk.The automaker notified the National Highway Traffic Safety Administration that the affected trucks' rear axle hub bolt could break and result in vehicle roll away.The company said that a "remedy is currently under development" and reported that it notified owners of impacted vehicles.Ford (F) shares fell 2.3% in early trading Wednesday after the automaker re ...

Ford Motor Company (F) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned +14.7%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Automotive - Domestic industry, which Ford Motor Company falls in, has gained 5.2%. The key question now is: What could be the stock's future direction?While media rel ...

Bill Pugliano Ford (NYSE:F) has the potential to be a top dividend stock for a very, very long time as the energy transition and 4th Industrial Revolution evolve in coming decades. It is the type of stock that I think you could see Berkshire Hathaway (BRK.B) and Warren Buffett buy soon. And remember what Buffett says is his favorite holding period: "forever." Of course, I know there is no such thing as forever, but as certain charts like Lockheed Martin (LMT) show, sometimes almost forever is pretty goo ...

Though Ford Motor Company (F -0.25%) and General Motors (GM 0.36%) are bitter rivals, especially in their bread-and-butter full-size truck segment, the truth is they have much more in common than not. In fact, it's a rare divergence when the two don't have a similar strategy when it comes to the automotive industry.But that rare divergence happened when Ford severely scaled back its homegrown driverless vehicle ambitions (and took a big $2.7 billion charge on Argo AI) while General Motors appeared to double ...

Ford Motor Credit and Toyota Motor Corp. were among roughly a dozen big companies embarking on roughly $26.5 billion corporate bond-borrowing spree on the first trading day of 2024.Ford’s F, -0.25% financing arm, Toyota 7203, +1.35%, Duke Energy Corp. DUK, +0.79% and Deere & Co. DE, +0.26% were among the U.S. investment-grade companies rushing to raise fresh debt on Tuesday, according to Informa Global Markets.While the start of each year typically spurs a wave of corporate borrowing, this January also look ...