Ford Motor Company
NYSE: F
$11.09
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F Articles
European Union new car sales fell again in November, the third straight month for declining year-over-year sales. Volkswagen maintained is volume and market share lead last month.
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Ford reported November European sales Wednesday that were down 5.4% year over year. Passenger car sales tumbled while SUV and commercial vehicle sales continued to post solid gains.
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Judging by the most shorted stocks traded on the New York Stock Exchange between the November 15 and November 30 settlement dates, those sellers were renewing bets on some of their favorites.
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These five stocks have dramatically lagged this year but could be offering investors solid upside potential for the next six months and beyond.
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Sales of pickups and SUVs carried U.S. automakers Ford and Fiat Chrysler in November. Toyota's midsize Tacoma posted its best-ever November with more than 21,000 units sold in the month.
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Ford sales dropped 7% year over year in November with sales of passenger cars down nearly 20%. Shares are rising on news that tariffs will be reduced on autos exported to China.
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New car sales for the month of November are forecast to be lower year over year and month over month, according to estimates from two industry analyst firms.
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Ford, already pressured from falling sales in China, slow progress in cutting costs and a faltering effort to get into the electric and autonomous car businesses, will be hit by a sharp drop in U.S....
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Judging by the most shorted stocks traded on the New York Stock Exchange between the October 31 and November 15 settlement dates, those sellers grew wary of the former list toppers.
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Bitcoin hit its lowest level in over a year. According to Reuters: Bitcoin slumped to a new 13-month low on Monday, with the biggest cryptocurrency touching $5173.23 on the Bitstamp platform...
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European auto sales in October recovered somewhat from a massive September decline but still posted a decline. For the year to date, however, sales are up slightly.
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Ford sales in China declined by nearly half year over year in October and are down by nearly a third for the first 10 months of 2018.
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Judging by the most shorted stocks traded on the New York Stock Exchange between the October 15 and October 31 settlement dates, those sellers had become more selective.
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Auto sales continue to decline in China and the auto industry faces the first year in nearly three decades when year-over-year sales will come in lower.
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Ford announced Thursday morning that it has acquired Spin, an electric scooter sharing company, at a price reportedly over $40 million.
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