|Bid||8.720 x 39400|
|Ask||8.730 x 800|
|Day's Range||8.53 - 8.73|
|52 Week Range||7.41 - 12.15|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||9.48|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||0.60 (7.13%)|
|1y Target Est||9.33|
With the deadline just 10 days away, Greg Valliere of AGF Investments says there’s little chance of finalizing a sweeping trade deal with China before March 1. He spoke with Yahoo Finance’s Alexis Christoforous.
This new executive has a long history in the auto industry. He'll represent Ford on numerous government relations matters.
Could Trump’s ‘China Trade Deal’ Tweet Please Investors?US investors On February 14, the United States Census Bureau released December’s retail sales data. Core retail sales fell 1.8% month-over-month, the worst drop since February 2009,
Britons are enjoying record employment but the list of companies saying they’re shutting down production in the U.K. or warning about profits is getting longer. With Britain’s departure from the European Union imminent and global trade tensions brewing, companies are slashing investment and economic growth is cooling. Honda’s plans are the latest symbol of the decline of British manufacturing, and it follows warnings of production cuts from Nissan Motor Co. and Ford Motor Co. this month.
The world’s largest automaker is in talks to invest in Argo AI at a $4 billion valuation, the automated car company backed by Ford Motor Co., Bloomberg News reported. General Motors Co.’s Cruise and Alphabet Inc.’s Waymo have been at it a lot longer, and Aurora Innovation Inc. has a more accomplished leadership team. Cruise was most recently valued at $15 billion, and start-up Zoox at more than $3 billion.
Auto makers are pulling back on discounts on sedans and shifting more promotional dollars to sport-utility vehicles and trucks. The availability of unsold SUVs and trucks grew 12% in January over the prior-year period, according to automotive-research firm WardsAuto, putting pressure on brands to pile on more sales promotions. Average SUV and truck discounts have ticked higher for the fourth year in a row, reaching $3,995 per vehicle in 2018, according to market-research firm J.D. Power.
While electric vehicles are stealing the headlines, Detroit’s 3 giants are battling to get ahead in the highly-profitable heavy-duty truck segment
The jury awarded $100 million in punitive damages and the rest in compensatory damages after finding on Friday that the 1998 Ford Explorer did not meet Ford's own safety guidelines and that Ford "acted wantonly" in designing the vehicle, according to a court document seen by Reuters and lawyers for plaintiff Travaris "Tre" Smith. Ford said it plans to appeal.
Carmakers file paperwork with the National Highway Transportation Administration every year that parse VINs for coming models. Hagerty discovered a VIN decoder document for the Ford Mustang suggesting a more powerful engine on the way for the 2020 pony car. According to Bozi Tatarevic, who wrote the Hagerty piece, "sources at Ford say we're looking at a new, higher-powered version of the turbocharged engine." Water cooler prognostication says Ford wants a better competitor for the Chevrolet Camaro 1LE, the Bowtie pony car getting 335 hp and 284 pound-feet of torque from a V6.
DETROIT/SAN FRANCISCO, Feb 15 (Reuters) - Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector. The deal represents a major endorsement of Rivian's electric vehicle technology by the world's largest online retailer. Amazon is hoping Rivian will assist it in its development of delivery vehicles that will bolster its logistics network, according to a person familiar with the matter who asked not to be identified discussing the confidential strategy.
Rivian Automotive announced a funding round of $700 million led by Amazon, as interest in the electric truck startup and potential Tesla challenger grows.
A new report from Bloomberg suggests that Ford and Volkswagen are making progress on a potential partnership to jointly develop self-driving vehicles that could see VW invest in Argo AI, the autonomous vehicle startup in which Ford is a majority investor. Separately, The Detroit News reported this week that VW officials were due to visit Ford in Dearborn to continue discussions over autonomous and electric vehicles.
Ford took several giant leaps ahead in every department with the 2020 Explorer. Ford sent us a breakdown with pricing for each trim level, and the figures have predictably gone up compared to the 2019 vehicle. As soon as we start climbing into higher content trims, the Explorer becomes considerably more expensive.
Trump Declares a National Emergency: Was There One Already?President Trump On February 15, President Trump announced a national emergency to help garner funds for the wall on the US-Mexico border. Declaring an emergency is among the rarely used
The retirement of Ford Motor Co. Chief Financial Officer Bob Shanks would "only bring more uncertainty to Ford in a tough operating environment," analyst Chris McNally at Evercore ISI said in a note Friday. "If (Chief Executive) Jim Hackett is the 'visionary,' Bob has his nose to the grindstone," the analyst said. Wall Street has known Shanks, who started at Ford in the 1970s and became CFO in 2012, likely would retire soon, but the retirement would take place "at the beginning of the company's turnaround rather than its fruition," McNally wrote. CNBC reported Thursday that Shanks was readying his retirement, which would be announced in the second half of the year. Shares of Ford rose 1.4% on Friday; they are down 21% in the past 12 months, which contrasts with gains of 1.4% for the S&P 500 index.
Key Updates from Amazon, eBay, and Alibaba(Continued from Prior Part)Amazon helped raise $530 million for Aurora Amazon (AMZN) recently invested in self-driving startup Aurora. It participated in a funding round that drew other investors such as
STOCKHOLM (Reuters) - FCA Group, Ford and Volkswagen led a 4.6 percent decline in European car registrations in January, industry data showed, dampened by an economic slowdown in euro zone economies and ...
As the confetti fell to close out another NFL season, the focus of conversation for NFL marketers shifted to the offseason selling season.
executive vice president and chief financial officer since 2012, will retire, according to published reports. An executive search firm has been retained to find a replacement for Shanks, who has spent his career in Ford finance, the Detroit Free Press reported. Shanks, 66, has been with the Dearborn, Michigan-based automaker since 1977.
(Reuters) - Ford Motor Co Chief Financial Officer Bob Shanks plans to retire and is expected to stay through the end of the year, CNBC reported on Thursday, citing sources. A new finance chief is likely ...