A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt said Tuesday it would look to build a gigafactory in Germany, wi...
Tag: Ford Motor Co
Volkswagen VOW VWAGY 2022 annual meeting EV updates
A technician fixes a VW sign in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen said Tuesday that ...
Stocks making the biggest moves midday: Alibaba, Apple and more
Signage for Alibaba Group Holding Ltd. covers the front facade of the New York Stock Exchange November 11, 2015. Brendan McDermid | Reuters Check out the companies making headlines in midday trading. ...
Alibaba, JD.com, Occidental Petroleum, Chevron and more
Take a look at some of the biggest movers in the premarket: Alibaba (BABA), JD.com (JD) – The e-commerce stocks were among China-based companies taking a hard hit on concerns about U.S. delistings, as...
Ford says it will ramp up EV offering in Europe
A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...
Ford and PG&E partner on electric F-150 powering homes, grid
2022 Ford F-150 Lightning Ford Ford Motor will collaborate with Pacific Gas and Electric Co. in California to evaluate the bidirectional charging capabilities of the electric F-150 Lightning to power ...
Nickel price surge could threaten automakers’ EV plans
The price of nickel is surging as investors take stock of the new global reality: Russia, a key supplier of the metal, is now facing extensive sanctions following its invasion of Ukraine. In an unusua...
Used-car prices are still sky-high — but they may be easing
A pedestrian walks past a certified pre-owned car sales lot in Alhambra, California on January 12, 2022. Frederic J. Brown | AFP | Getty Images Wholesale used-vehicle prices fell in February from Janu...
Why Ford’s big EV split decision may get even bigger in the future
Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images In the bigge...
Why Ford didn’t spin off its electric-vehicle business
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor said on Wednesday that it will separate — but not spin off —...
Ford cuts SUV, truck production at two plants due to chip shortage
An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty Images Ford Motor is once agai...
Wall Street praises Ford’s EV plans, questions sales and profit targets
Employees work on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images Wal...
Nordstrom, Salesforce, Ford and more
Pedestrians walk past a Nordstrom Inc. store. Ben Nelms | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nordstrom — Shares of the department store rallied a whop...
Salesforce, Ford, Nordstrom and more
Take a look at some of the biggest movers in the premarket: Nordstrom — The retail stock spiked 30.5% in premarket trading after the company posted better-than-expected fourth-quarter results. Nordstr...
Ford splits EVs and legacy autos into separate units
People visit Ford’s all-electric SUV Mustang Mach-E at the 2019 Los Angeles Auto Show in Los Angeles, the United States, Nov. 22, 2019. Xinhua via Getty Images DETROIT – Ford Motor said Wednesda...
Jeep maker Stellantis aims to double revenue by 2030
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on Januar...
Renault, Hyundai and VW have most exposure to Russian car market
Cars sit at a standstill as people try to leave the city on February 24, 2022 in Kyiv, Ukraine. Chris Mcgrath | Getty Images New U.S. sanctions and Moscow’s invasion of the Ukraine could have a ...
Ford has no plans to spin off its EV business, CEO says
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time of spinning off its electric vehic...
Home Depot, Tempur Sealy, SoFi, Houghton Mifflin and more
People shop at a home improvement store in Bethesda, Maryland, on February 17, 2022. Mandel Ngan | AFP | Getty Images Check out the companies making headlines in midday trading Tuesday. Home Depot — S...
The end of 3G networks is a problem for millions of car owners
The planned shutdown of outdated 3G networks will affect the connected systems of dozens of vehicle models that hit the market anytime from 2010 to as recently as 2021, in some cases. Dusan Petkovic |...
Why George Soros Is Wrong About Rivian
An electric pickup truck by Rivian. Photo by Spencer Platt/Getty Images Getty Images George Soros recently bought shares of Rivian Automotive (RIVN). I think he’s wrong. Shares in Rivian, an elect...
Roku, DraftKings, Ford & more
Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ fo...
Ford shares pop on report of potential spinoff of EV business
Ford CEO Jim Farley speaks with reporters outside the company’s world headquarters on May 19 in Dearborn, Michigan, following the debut of the electric F-150 Lightning pickup truck Michael Wayla...
Home Depot leads the list of 20 worst performers in the S&P 500 on Tuesday
Slightly positive isn’t good enough for this stock market. While market jitters on Feb. 22 were driven by Russia’s movement of troops into Ukraine, the U.S. stock market was also adjusting to the idea...