|Bid||9.05 x 2900|
|Ask||9.10 x 1200|
|Day's Range||8.98 - 9.31|
|52 Week Range||8.17 - 13.48|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||5.84|
|Earnings Date||Jan 23, 2019|
|Forward Dividend & Yield||0.60 (6.40%)|
|1y Target Est||9.89|
The future of transport is on its way. It’ll be arriving in five minutes—it’s just completing a trip around the corner first. Ford has publicly stated that it plans to have self-driving cars on the road in some commercial capacity by 2021, and has been building out a testing facility in Miami for the last…
President Donald Trump met with his trade advisers on Tuesday to discuss the status of the administration's investigation into trade practices that began last May. It could result in sanctions under section 232 of the Trade Expansion Act if it's determined that auto imports pose a threat to national security. Ford and GM said the aluminum and steel tariffs alone will cost them each about $1 billion more just for the raw materials.
The second largest U.S. automaker Ford (NYSE:F), Walmart (WMT) and delivery service Postmates have come together to explore how they can make use of driverless technology to deliver food stuffs and other consumer goods to Walmart customers. In fact, Ford has already collaborated with national and local companies to look into how efficiently it can use self-driving systems to deliver products. Warning! GuruFocus has detected 4 Warning Signs with F. Click here to check it out.
Ford Motor Company (F) sold about 58,204 vehicle units in China in October, which suggests a massive drop of about 45% from October 2017. In September, the company’s Chinese sales were higher than October at 64,383 vehicle units, but they fell 43% YoY (year-over-year). Ford’s Chinese market sales fell ~31% YoY to 642,593 units in the first ten months of 2018.
In the previous part of this series, we looked at why China’s light vehicle sales continued to fall on a YoY (year-over-year) basis for the fourth straight month in October. In the first ten months of 2018, China’s (MCHI) auto sales have fallen marginally by 0.06% YoY to 22.9 million units. Total US light vehicle sales stood at about 1.36 million units in October, according to data compiled by MarkLines Data Center, up 0.1% year-over-year. ...
September was the fourth consecutive month and the fifth month in 2018 so far when China’s vehicle sales dropped year-over-year. They fell 11.1%, 4.0%, 3.8%, and 11.6% year-over-year in February, July, August, and September, respectively. Many observers have partly blamed high tariffs on US-manufactured vehicles in China for the weakness in China’s sales.
On November 14, Warren Buffett’s Berkshire Hathaway revealed in its 13F filings that the company added more General Motors (GM) shares to its portfolio. In the third quarter, Berkshire Hathaway bought ~1.06 million shares of the largest US automaker (XLY) after adding ~1.4 million shares in the second quarter. Berkshire Hathaway’s total stake reached 52.46 million shares in the third quarter—compared to 51.39 million shares in the second quarter.
Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford. Diess said he hoped to have an outline agreement on cooperation with Ford fleshed out by the end of the year, with the initial focus on commercial vehicles.
Volkswagen said it now plans more than 50 fully-electric models on the road by 2025, more than any other manufacturer. The push, including next year’s Porsche Taycan, is part of keeping old rivals and new competitors like Tesla Inc. and Uber Technologies Inc. at bay. Volkswagen is aiming “to speed up the pace of innovation,” said Chief Executive Officer Herbert Diess, signing off on his first planning round.
Volkswagen expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday. VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore further areas of cooperation with U.S. automaker Ford.
Volkswagen on Friday said it will spend 44 billion euros on electric cars, digitalisation, autonomous driving and new mobility services by 2023 as part of a push by Europe's largest carmaker to mass produce electric cars. This will help lower the carmaker's capital expenditure ratio at the group's automotive division to six percent of revenues from 2020 onward, the carmaker said.
Petrochemicals company Ineos said https://www.ineos.com/news/ineos-group/ineos-responds-to-press-speculation-on-its-manufacturing-plans-for-projekt-grenadier-its-all-new-uncompromising-4x4 on Friday it would decide on the manufacturing location for its new off-road vehicle, currently in design and development, by the year end and flagged a number of "very strong options" in the U.K. and Europe. Media outlets had reported https://www.bbc.com/news/uk-wales-46215002 that Ineos is in talks with U.S. company Ford Motor Co to make its Land Rover-inspired vehicles at Ford's Bridgend engine plant. "While Ford Bridgend Engine Plant has a long-established and successful record in the delivery of world-class engines, the auto industry is undergoing rapid change and, together with our union partners, we continue to look at other high-technology opportunities for the future," a Ford spokesman said earlier this month in response to an FT story https://www.ft.com/content/d4eed95c-ddf7-11e8-8f50-cbae5495d92b about talks between Ineos and Ford.
At the beginning of 2018, the Trump Administration raised the pitch on trade issues and imposed tariffs on washing machines and solar panels. The rhetoric was raised to the next level with the Section 232 tariffs came into effect in March. The tariffs were meant t0 boost US steel and aluminum production.
Here are five stocks that look fairly valued when compared with the broader S&P 500, and offer decent income potential to boot. Ford (F) was the only Big Three U.S. auto maker to avoid bankruptcy during the financial crisis, and had been thought of as more attractive than its peers. The problems: A drop in U.S. car ownership as millennials live urban and take Uber, and fading Asia sales and an aging vehicle portfolio.
Electrified Ford Mustangs are on their way, but now there's a way to get an electric 'Stang before Ford makes it. A British firm called Charge Automotive is planning on producing a run of 499 brand-new electric Mustangs using styling language from the 1960s. Like any electric performance car, this one will be fast — 0-62 mph is achieved in 3.1 seconds using what we can guess (Charge doesn't say) is at least two electric motors.
As much as we love the bold, wild designs of concept cars, it's a bit depressing that not only do we rarely see those designs realized in production, many concepts are crushed if the companies don't have space and can't find owners. The 2001 Ford F-150 Lightning Rod is one of the lucky ones that is still with us. Oddly, it's not supercharged like the production Ford F-150 SVT Lightning that was on sale when this concept made its debut.
Ford Motor Co. expects to launch self-driving vehicles for sale in the next few years. The automaker, which is one of Louisville's largest employers, held a media event in Miami recently. Here are a few good reads about the event that I've come across: • The Detroit News has a piece on Ford's autonomous vehicle strategy, in which CEO Jim Hackett said the company has come a long way.
Previously, four-door Wrangler owners have been able to convert their off-road warriors into trucks via aftermarket body kits. Just weeks before the LA Auto Show is set to begin, photos for the new Jeep Gladiator truck have apparently leaked. Of course, it helps when the resale value is as strong as it is for Jeep, which continues to win awards year after year for the vehicles' strong resale value.
In the previous part of this series, we discussed how Wall Street analysts rate the top two US auto giants—Ford (F) and General Motors (GM). Analysts’ next 12-month consensus target price for Ford reflects a minor upside potential of only 3.7% from its market price.
Germany's cities have for years flouted Europe's clean air rules, prompting environmental groups to sue local governments in an attempt to force bans of some heavily polluting vehicles. Diesel car sales in Germany fell to 31.1 percent of the total in the first half of 2018 from 41.3 percent a year earlier, while in the European Union sales declined by 16 percent during the period. After a court ruling in Cologne on Nov. 8, imposing diesel driving bans in certain areas of West Germany's Cologne and Bonn, another court ruled on Thursday that authorities must also ban diesel carts from parts of two other cities and a busy motorway in Germany's industrial heartland.
Ford has been meeting with multiple rival carmakers to try to secure “billions of dollars” to fund the development of its own driverless cars, one of its executives has said.
In sync with its effort to emphasize on the usage of autonomous vehicle technology, Ford (F) collaborates with Walmart to develop autonomous vehicles for goods delivery.
In third-quarter 2018, earnings for Magna (MGA) and Advance Auto Parts (AAP) surpass the Zacks Consensus Estimate and the figures are higher than the year-ago quarter.
Facebook (FB) has launched its online car listing service, Marketplace Autos, in Australia, according to the Sydney Morning Herald. The launch comes after Facebook determined that a lot of Australians use its social network to search for cars. Facebook’s Australian car listings service will initially focus on used cars, showing a strategic move by the company into Australia’s auto classified market.
According to the latest data compiled by Reuters, 19% of the analysts covering Ford stock (F) gave it a “buy” rating. In comparison, ~57% of the analysts covering General Motors stock gave it a “buy” rating. The ratings were based on the consensus of 21 analysts covering Ford and General Motors as of November 13.