Ford Motor Company
NYSE: F
$11.23
+$0.22 (+2.0%)
Closing Price on November 18, 2024
F Articles
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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FCA, as Chrysler is now called, set a new post-IPO high of $13.54 shortly after the noon hour on Wednesday.
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Two of the three big U.S. automakers have put up big numbers this year in sales of pickup trucks.
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Ford on Tuesday posted an overall U.S. sales decline in November of 2%, including a decline sales of the best-selling F-Series pickups.
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November new light vehicle sales will be announced on Tuesday, and auto industry analysts expect decent growth year-over-year.
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