|Bid||8.52 x 27000|
|Ask||8.52 x 1300|
|Day's Range||8.41 - 8.56|
|52 Week Range||7.41 - 12.15|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||9.28|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||0.60 (7.13%)|
|1y Target Est||9.33|
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.
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.
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.