Key TakeawaysFord on Wednesday said it had canceled plans for a three-row all-electric SUV as part of a reshuffling of its electric vehicle roadmap.The automaker also pushed back the production of a new electric pickup truck.CFO John Lawler pointed to pricing and margin compression as factors in the decision. Ford Motor Company (F) is reworking its electric vehicle (EV) plans amid tough competition from local and foreign rivals and price pressures. The automaker said on Wednesday it was nixing plans to deve ...

SAN DIEGO, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that the Ford class action lawsuit – captioned Guzman v. Ford Motor Company, No. 24-cv-12080 (E.D. Mich.) – charges Ford Motor Company (NYSE: F) as well as certain of Ford’s executives with violations of the Securities Exchange Act of 1934. If you suffered substantial losses and wish to serve as lead plaintiff of the Ford class action lawsuit, please provide your information here: https://www.rgrdlaw.com/ ...

NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Ford Motor Company (NYSE: F). Shareholders who purchased shares of F during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/ford-loss-submission-form/?id=96735&from=3 CLASS PERIOD: April 27, 2022 to July 24, 202 ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email.Access your favorite topics in a personalized feed while you're on the go. download the appThanks for signing up! Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewFord has changed its electric vehicle strategy again, ca ...

The first vehicle that will be built on the low-cost EV platform Ford’s been developing in secret will be a mid-size pickup due out in 2027, the automaker announced Wednesday morning.The news comes as part of a much larger rewriting of Ford’s electrification plans. The company is abandoning a plan to make an all-electric three-row SUV, opting instead to power those forthcoming vehicles with hybrid powertrains. A next-generation full-size electric pickup — the followup to the F-150 Lightning codenamed “T3” — ...

Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.DETROIT – Ford Motor is delaying production of a new plant in Tennessee to produce a next-generation all-electric pickup truck and canceling plans for a three-row electric SUV, the company said Wednesday.Instead, Ford said it will prioritize the development of hybrid models, as well as electric commercial vehicles such as a new electric commercial van in 2026, followed by two pickup trucks in 2027.Th ...

Automaker Hyundai Motor Company HYMTF has claimed the title of the second-largest electric vehicle company in the U.S. through the first six months of the year.What Happened: Hyundai — owner of the Genesis and Ioniq brands, as well as 34% of Kia — accounts for roughly 10% of the EV market within the U.S., according to a new Motor Intelligence report shared by Electrek.Sales of the Hyundai Ioniq 5 and 6 models are up 25% and 54% year-to-date, respectively. The Kia brand also saw EV sales pace higher in July, ...

NEW YORK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Ford Motor Company (NYSE: F) and certain of the Company’s senior executives. If you invested in Ford, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/ford-motor-company. Investors have until October 7, 2024 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10( ...

Value stocks offer potential for significant returns in today's overheated market.Value investing, a strategy favored by renowned investors like Warren Buffett, focuses on identifying undervalued stocks trading below their intrinsic worth. This approach becomes particularly attractive in overheated markets, where finding fairly priced assets can be challenging.The current U.S. stock market presents a concerning picture for many investors. The Shiller P/E Ratio for the S&P 500 stands at 35.82, more than doub ...