Ford CEO doesn’t expect electric vehicle battery costs to drop soon

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...

Electric Vehicles Or Hydrogen Fuel Cell Cars? The Inflation Reduction Act Will Fuel Both

WASHINGTON, DC – APRIL 22: Electric vehicles are displayed before a news conference with White House … [+] Climate Adviser Gina McCarthy and U.S. Secretary of Transportation Pete Buttigieg...

Ford increasing price of electric F-150 Lightning

Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices o...

How Tesla Lost The Race For Affordable EVs To An Unexpected Rival

Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its f...

Ford reports big jump in July sales, including for trucks and EVs

Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the ...

Ford stock posts best month since the Great Recession

2023 Ford F-150 Raptor R Ford DETROIT — Ford Motor’s stock on Monday added to its best month since the Great Recession in 2009, signaling a significant swing for the Detroit automaker this year....

Estée Lauder May Acquire Tom Ford For $3 Billion, Report Says

Topline Beauty company Estée Lauder Cos. is in talks to buy fashion brand Tom Ford for at least $3 billion, the Wall Street Journal reported Monday, one month after Bloomberg reported the luxury label...

Why Estee Lauder Is Talking About Buying Tom Ford

Tom Ford at his runway show in 2021. (Photo by JP Yim/Getty Images) Getty Images The Tom Ford brand was reported to be for sale earlier this month and today The Wall Street Journal reported that beaut...

Ford Maverick Tremor off-road package 2022

2023 Ford Maverick Tremor Source: Ford Ford Motor is adding a new off-road-ready package to its Maverick pickup in a bid to extend the sales success of its hot-selling small truck.   The new Maverick ...

Ford CEO Farley outlined plans for automaker’s electric vehicle shift

Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a...

Ford Motor, Hershey, and McKesson Just Raised Their Dividends

Text size Bags of Hershey Kisses. The chocolate giant raised its quarterly dividend by 15%. Spencer Platt/Getty Images Ford Motor , Hershey , and McKesson were among the large U.S. companies that decl...

Ford is up 5% after announcing its second quarter financials

Ford (NYSE: F) shares rose 5% after the leading auto manufacturer announced better-than-expected second-quarter financial for the 2022 financial year. Ford beats analyst consensus  Ford reported an ad...

Tesla Makes More Money Than GM and Ford

Tesla  (TSLA) – Get Tesla Inc. Report is further tightening its grip on the U.S. auto sector.  The list of trophies won by the manufacturer of premium electric vehicles continues to grow. Elon M...

Is Ford Stock Recharged or About to Run Out of Gas?

Shares of Ford  (F) – Get Ford Motor Company Report are rallying about 5.5% on Thursday following better-than-expected earnings. Assuming the stock finishes higher on the day, it will mark its e...

Ford Reports Impressive Q2 2022 Financial Results Despite Supply Chain Constraints

The Q2 2022 report is a turnaround for Ford, which saw a net loss of $3.1 billion in Q1. Automobile manufacturer Ford (NYSE: F) was able to achieve solid earnings in Q2 2022 despite the challenges its...

Algorand names COO W. Sean Ford as new interim CEO

Algorand has a new interim CEO as of Wednesday, following the departure of former CEO Steven Kokinos.  Long-time employee W. Sean Ford — previously chief operating officer at the blockchain company — ...

Ford Stock Jumps As Auto Giant Affirms Outlook, Hikes Dividend After Q2 Earnings Crush

Ford (F) reaffirmed 2022 outlook and hiked the Ford stock dividend after crushing earnings estimates for the second quarter. Strong demand for traditional combustion and new electric vehicles offset s...

Ford Q2 earnings easily beat estimates; stock jumps after hours

Ford (F) reported second quarter financial results after the bell on Wednesday easily topping estimates on both the top and bottom lines, and reaffirming its full-year profit guidance. For the quarter...

Meta Platforms, Ford, Qualcomm, Teladoc and more

Check out the companies making headlines after the bell:  Meta Platforms — Shares of the social media company dipped 3% in extended trading after missing second-quarter estimates on the top and bottom...

Ford F earnings Q2 2022

Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland Ford Motor Company will report its...

Ford Bronco Engine-Failure Reports Spur Federal Safety Investigation

The top U.S. auto-safety regulator is opening an investigation into reported catastrophic engine failures with some Ford Bronco vehicles, yet another setback in the auto maker’s efforts to improve its...

Driving And Charging The Ford Mustang Mach-E GT In The Redwoods

2022 Ford Mustang Mach-E GT Sam Abuelsamid One of the great things about living in North America is that the land mass is so vast that there are large stretches with very low population density where ...

Ford, GM earnings preview: Will 2022 outlooks be intact?

General Motors Co. and Ford Motor Co. are scheduled to report second-quarter earnings on Tuesday and Wednesday, with investors worried about their guidance for the year amid fears of a recession. GM G...

Ford Now Has Enough Batteries to Grow EV Deliveries Faster Than Tesla—Profitably

Text size The Rouge Electric Vehicle Center Ford plant. Courtesy of Ford Batteries are a critical success factor for any auto maker looking to win electric-vehicle market share. Ford Motor sad it has ...

BYD Makes First Foray Into Japan Passenger Car Market With Three EV Models

BYD unveiled three EV models for the Japan market at a conference in Tokyo on Thursday. BYD China-headquartered BYD, the world’s largest maker of electric vehicles, held a press conference in Tokyo on...

Ford Makes Major Commitment To CATL Lithium Iron Phospate EV Batteries

Ford reinforces plan for 600,000 annual EV run rate by end of 2023 Ford It’s no secret in the auto industry that in order to meet the commitments that manufacturers have for EV production this decade ...

Ford says it has battery supplies needed for ambitious EV goals

Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images Ford Motor said Thursday t...

Ford Plans to Cut Several Thousand Salaried Jobs

Ford Motor Co. is planning to cut several thousand white-collar workers as it looks to trim costs to position the company for a long-range transition to electric vehicles, according to people familiar...

IBM, Boeing, Hasbro, Ford & more

IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines i...

Ford unveils new F-150 Raptor R pickup with 700 horsepower

2023 Ford F-150 Raptor R Ford DETROIT — As Ford Motor ramps up production of its electric F-150 pickup, it’s not giving up on offering new, highly profitable performance models with gasoline eng...

Tesla, Ford, and GM’s Plan to Unlock EV Battery Capacity

Text size Panasonic will put up an EV battery plant in Kansas. It’s the latest of a long list of planned battery plants coming to North America. David Becker/Getty Images Lithium batteries are t...