Tag: $Ford

Ford Motor expects to record about $19.5 billion in special items related to a restructuring of its business priorities and a pullback in its all electric vehicle investments, the company announced Monday.

Ford Motor delivered another strong quarter amid a bevy of industry headwinds ranging from federal policies to supplier fires. The stock is rising.

Ford Motor is recalling nearly 500,000 vehicles in the U.S over a brake fluid leak issue, the National Highway Traffic Safety Administration said on Thursday.

Ford Motor (F.N), said on Wednesday that U.S. tariffs on imported vehicles, as well as on steel and aluminum, will likely cost more than expected for the year, and the automaker’s shares slid about 3% in after-market trading.

Ford is recalling 132,914 Aviator SUVs in the United States because parts, including rear door window bars, may detach due to insufficient adhesive retention, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Tuesday.

Ford Motor beat Wall Street’s first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from President Donald Trump’s tariffs.

Ford Motor  stock was dropping as tariffs start to bite the car business.

Ford will inject up to 4.4 billion euros ($4.76 billion) into its struggling German operations as it tries to revive its European business, the U.S. carmaker said on Monday.

The U.S. National Highway Traffic Safety Administration said on Monday it is upgrading a probe into 129,222 Ford Motor vehicles over reports of collisions involving the company’s hands-free driving technology, BlueCruise.

The U.S. Energy Department on Monday said it has finalized a $9.63 billion loan to a joint venture of Ford Motor (F.N), opens new tab and South Korean battery maker SK On to help finance construction of three new battery manufacturing plants in Tennessee and Kentucky.

Ford said on Wednesday it would cut around 14% of its European workforce, blaming significant losses in recent years compounded by weak demand for electric vehicles, a lack of government support for the shift to EVs, and rising competition.

The U.S. auto safety regulator said on Monday it had initiated a recall query into about 112,567 Ford SUVs over an issue with seat belt retractors.

Ford Motor stock was down after the company reported earnings Monday evening that matched expectations. The problem was with guidance.

Shares of Ford Motor Co. fell 11.6% in the extended session Wednesday after the car maker reported quarterly profits well below Wall Street’s expectations and notched another billion-dollar loss on EVs.

Ford Motor’s hybrid and all-electric vehicle sales continue to be the standouts in 2024. Investors are warming to the stock.

Ford Motor -1.65% stock is falling after third-quarter results came in light. Investors probably won’t like what’s going on in the electric-vehicle business either.

Ford Motor Co. F, -3.42% has acknowledged in a letter to the National Highway Safety Administration a safety recall of 870,701 F-150 trucks equipped with a single exhaust system. Ford said the rear axle housing may damage the wiring harness, causing the electric parking brake to activate unexpectedly while driving, increasing the risk of a crash.

Ford Motor on Thursday raised its 2023 guidance after second-quarter earnings significantly beat Wall Street expectations, boosted by strong pricing and demand for the automaker’s traditional vehicles.

Ford Motor on Monday cut prices for its electric F-150 Lightning pickup, saying that its efforts to boost production and lower costs for battery minerals have paid off.

Ford Motor Corp. will announce a new round of layoffs of salaried employees as early as next week, The Wall Street Journal reported, citing people familiar with the matter.