Ford Motor Company
NYSE: F
$10.57
-$0.21 (-1.9%)
Real Time Data Delayed 15 Min.
F Articles
The remarkable increase in new car sales will continue next year, according to research firm Kelly Blue Book, and profits of the major car companies will remain strong.
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Annual sales of all-electric and plug-in hybrid electric vehicles rose by more than 20,000 units in 2014, up nearly 23%.
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Ford announced Thursday morning a 20% increase in the company’s quarterly dividend.
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The race for the top in U.S. luxury car sales was won by BMW in 2014. The automaker reported on Monday that it sold more cars last year than Mercedes or Audi.
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Cadillac, the luxury brand of General Motors, continues to be the laggard among luxury car brands. While sales of its primary competitors improve, Cadillac sales dropped in December.
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Ford Motor F-Series pickup was the best-selling car in the United States again in 2014. It is a prize Ford has held for decades.
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Ford sales totals in December were a clear miss and shares of Ford are in for a beating Monday.
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Monday's top analyst upgrades, downgrades and initiations include Akamai Technologies, Carnival, Chevron, El Pollo Loco, Ford, F5 Networks, Lululemon Athletica and Starbucks.
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The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
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Automakers are about release December sales figures, and industry analysts are looking for another solid month of sales to bring to a close a very good year for new car sales.
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General Motors began 2014 with a recall of more than 300,000 of its pickup trucks. In February the automaker recalled more than 1.6 million North American additional vehicles.
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The holiday season is expected to drive full-year new car sales in the United States to as much as 17 million.
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GM's efforts to turn around its European operations have suffered another blow as sales of Opel plunged in November.
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Monday's top analyst upgrades, downgrades and initiations include ARM Holdings, Exxon Mobil, Ford, Habit Restaurants, Oracle, Twitter and UPS.
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Makers of hybrid and electric cars never saw $2 gasoline prices coming. Some of the most popular cars in America could see sales erode considerably.
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