Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
CNBC's Phil LeBeau reports on the latest news from Ford.
Ford Issues Guidance and It's Really Good. The Stock Is Rising.
With UAW negotiations wrapped up, Ford has issued 2023 financial guidance. It's better than feared.
Ford reinstates 2023 guidance, says UAW deal to cost $8.8 billion over life of the contract
Ford expects $10 billion to $10.5 billion in adjusted earnings before interest and taxes and adjusted free cash flow of between $5 billion and $5.5 billion.
Auto Stock Racing Toward Best Day Since 2021
General Motors Co (NYSE:GM) stock is pacing the New York Stock Exchange (NYSE) today, last seen up 9.3% to trade at $31.58, on track for its best single-session gain since January 2021.
U.S. November new-car sales seen surging about 10%
U.S. carmakers are slated to report their November new-auto sales in the next few days, with Wall Street expecting a surge for the month as sales growth outweighed a slight decline in transaction p...
Tesla Will Go Down After the Cybertruck Launch. And Ford and GM?
The EV pioneer has an extravaganza planned for Thursday. It's speeding into GM and Ford territory.
Where To Drink In London: 14 Of The City's Best Bars, According To Gin Entrepreneur Simon Ford
The Fords Gin founder shares all his favorite watering holes—plus some London drinking tips visitors would be wise to consider.
3 Stocks That Could Soar in 2024 if the Fed Cuts Interest Rates
Realty Income's business has been doing well this year, but investors remain hesitant on REITs due to rising interest rates. Upstart Holdings is experiencing a sharp decline in demand, as borrowers...
Don't pump the brakes on the auto industry just yet, BofA analysts say
With third-quarter results and the United Auto Workers strike in the rear-view mirror, US automakers are in a better position than many may think, analysts at Bank of America believe. “3Q results ...
Morgan Stanley's bullish call on GM & Ford
The "Halftime Report" traders debate the biggest analyst calls of the day.
11 Tesla Competitors: Discover Which Could Threaten The EV Carmaker's Dominate Run
Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million.
The Best Selling Ford Vehicles of All Time Are Shocking
#19: Ford S-Max Source: Shutterstock Year Released: 2006 Units Sold: Over 2 million Produced by Ford Europe exclusively for the European market, the S-Max was designed to be as sporty as a sedan bu...
Ford (F) to Scale Back Michigan Battery Plant Due to Low Demand
Ford (F) reduces investment in its $3.5 billion Michigan battery plant due to lower-than-expected demand for EVs, a high cost of labor and the company's cost-cut strategy.
Ford Reduces Plans for EV Battery Plant as Demand Wanes and Labor Costs Rise
Ford (F) is reducing planned production at a new $3.5 billion electric vehicle (EV) battery plant in Michigan because of falling demand for EVs, the company's efforts to lower expenses, and the lab...
Ford Resumes Work on E.V. Battery Plant in Michigan, at Reduced Scale
A battery plant in Michigan will be smaller than planned, Ford said, citing slower E.V. demand than expected, as well as labor costs.
Related Companies