|Bid||9.59 x 900|
|Ask||0.00 x 800|
|Day's Range||9.40 - 9.61|
|52 Week Range||7.41 - 12.15|
|Beta (3Y Monthly)||0.75|
|PE Ratio (TTM)||10.40|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||0.60 (6.83%)|
|1y Target Est||9.27|
Ford is doubling down on its push into electric vehicles. Yahoo Finance's Zack Guzman & Jeanie Ahn, along with Flat World Partners CEO Anna-Marie Wascher discuss.
Boeing, Ford, Kohl’s, Amazon, CBS and General Electric are the companies to watch.
Ford is making a minority equity investment of $500 million in electric vehicle startup Rivian in a deal that will result in a new battery-electric vehicle for the blue oval that is based on Rivian's flexible skateboard platform. It also closely follows the reported collapse of talks between Rivian and General Motors over a possible investment. Rivian has been around for about a decade under various names but made its coming-out party only six months ago at the L.A. Auto Show, where it unveiled its first two products: the R1S SUV and R1T pickup truck.
The following are the top stories on the New York Times business pages. - Facebook Inc said on Wednesday it expected to be fined up to $5 billion by the Federal Trade Commission for privacy violations, in what would be a record penalty by the agency against a technology company. - Occidental Petroleum unveiled an audacious $38 billion takeover bid for Anadarko Petroleum Corp on Wednesday, challenging Chevron Corp — a company four times its size — in a battle for dominance of the biggest and most productive oil field in the United States.
Did Tesla Encourage Ford to Make an Electric Truck?(Continued from Prior Part)Tesla American electric car company Tesla (TSLA) unveiled its first all-electric sedan, the Model S, in 2012. Before starting Model S production, the company became
Ford (F) is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings. Ford Motor Co. will become a minority partner in Rivian, which is based outside of Detroit and recently rolled out a new electric pickup truck and an SUV that will go on sale late next year. The tie-up is another sign that automakers and tech companies are pairing up to share the huge capital costs of developing electric vehicles and even those that drive themselves.
Ford will invest $500 million in Amazon-backed Rivian, as interest in the electric truck startup and potential Tesla challenger continues to grow.
Did Tesla Encourage Ford to Make an Electric Truck?Ford to invest in Rivian Earlier today, the second-largest US automaker, Ford Motor Company (F), announced a plan to invest $500 million in Plymouth-based automotive company Rivian. Rivian plans to
With the 2020 Lincoln Corsair, Ford is relying on name familiarity to help revive Lincoln’s sales numbers, as part of a larger brand turnaround that started with the lauded Navigator and continued with the Aviator.
Ford last year announced it would invest $11 billion to develop battery-based vehicles, including hybrids, plug-ins and pure battery-electric models. It followed with a $500 million investment in electric truck maker Rivian Wednesday. Rivian was originally in talks with GM that fell through about eight weeks ago.
The investment gives Ford a chance to catch up on key technologies against rivals like General Motors and Volkswagen.
Ford is spending $11 billion on electric-vehicle development, in addition to the $500 million it invested in electric-truck startup Rivian on Wednesday. EVs have gone mainstream.
Ford said it will use Rivian's "skateboard" - a chassis that bundles electric motor, batteries and controls - to build a new vehicle for North America. Michigan-based Rivian, founded in 2009, has raised more than $1.5 billion from investors. A company spokesman declined to provide a valuation for the company, but investor website Dealroom.com estimates Rivian's value at $5 billion to $7 billion.
What Do Analysts Expect from Ford’s Q1 2019 Earnings?(Continued from Prior Part)Ford’s dismal stock performanceIt has been slightly less than two years since Jim Hackett took charge as Ford’s (F) CEO in May 2017. Back then, the company’s
and Rivian hosted a joint conference call Wednesday morning announcing Ford's $500 million investment in the privately held automaker. The two companies didn't specify what kind of vehicle they would make, but they all but admitted it would be some sort of pickup truck or utility. Of course, that is pretty much what Ford has said about its entire portfolio, so we would be shocked if it were otherwise.
The investment in Michigan-based Rivian comes two months after Amazon.com invested $700 million in the electric-vehicle company.
The second-biggest U.S. automaker also is forming a partnership with Rivian, which Amazon.com Inc. backed with an investment announced in February. Ford will build a vehicle using the platform that Rivian founder R.J. Scaringe said last week he plans to share with several companies. Ford plans to bring a gas-electric hybrid version of its top-selling F-150 truck to market next year and has said it will also bring out an all-electric version of the truck.
Ford says it has invested $500 million in electric truck maker Rivian to build a new battery-powered electric vehicle for the Detroit manufacturer. The news comes just months after Rivian revealed two new products, an all-electric pickup and SUV, that analysts say could provide competition to established truck manufacturers.
Ford says it has invested $500 million in electric truck maker Rivian to build a new battery-powered electric vehicle for the Detroit manufacturer. CNBC's Phil LeBeau reports.