Ford Motor Company
NYSE: F
$10.57
+$0.12 (+1.1%)
Closing Price on October 4, 2024
F Articles
Ford recently introduced its third electric bike, called the MoDe:Flex, as part of the company’s Smart Mobility initiative.
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U.S. sales of pickup trucks by the Detroit Three automakers took a bit of a dive in June, and GM now has more than 40% of the overall pickup market.
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Ford on Tuesday posted a U.S. sales increase of 2% year-over-year in June and truck sales declined 0.7% for the month.
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After repeated assurances that sales of Ford's flagship F-150 would rise as production of the new generation model came online, the opposite held true in June.
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Although new U.S. car sales for June are expected to be lower than May sales, industry analysts expect a sales jump of nearly 5% year-over-year.
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Fiat Chrysler will release a new version of its iconic Fiat 500 on July 4. If the car does not lift U.S. sales, Fiat will suffer another disaster.
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While car and light truck sales in the United States are expected to rise by 5.7% in May, Ford sales are expected to rise less than that.
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The American new car market continues to shoot toward new records. According to Kelley Blue Book, June will help sales move much higher.
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AT&T continued to reign as the most shorted stock trading on the New York Stock Exchange between the May 29 and June 15 settlement dates.
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Ford appears to be winning the battle with General Motors, at least according to Goldman Sachs.
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Ford has a big plan to transform itself from an automaker to a "mobility" provider.
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Wednesday's top analyst upgrades, downgrades and initiations include Avago Technologies, Citigroup, Electronic Arts, Ford, GM, Goldman Sachs and JPMorgan.
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Full-sized pickups are the backbone of the American car industry, but that backbone is being tested.
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The European Automobile Manufacturers Association reported that new vehicle registrations in the European Union were up almost 7% for the year to date.
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When it was built in 1975, the Pontiac Silverdome was among the top tier of NFL stadiums. Now, it is for sale for $30 million.
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