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Ford, GM To Extend Production Cuts At Some US Facilities Over Chip Shortage Woes
Friday, October 1, 2021 - 12:38am | 389Read More...General Motors Co (NYSE: GM) and Ford Motor Co (NYSE: F) are extending production cuts at some of their manufacturing facilities in the United States, Reuters reported on Thursday, citing the companies. What Happened: The two automakers are cutting additional production due to the ongoing...
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GM CEO Mary Barra Set To Be First Woman To Lead Business Roundtable
Thursday, September 30, 2021 - 5:10am | 407Read More...General Motors Co (NYSE: GM) CEO Mary Barra has been named the chairperson of the Business Roundtable, a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies. What Happened: Barra would be the first woman in nearly...
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Ford CEO On Why Michigan Wasn't Given 'Real Opportunity' To Compete For Its New Plants
Thursday, September 30, 2021 - 2:13am | 551Read More...Ford Motor Co (NYSE: F) CEO Jim Farley on Wednesday responded to Michigan Governor Gretchen Whitmer’s comments that the state was not given a "real opportunity" for the automaker’s new factories centered around electric vehicles. What Happened: Farley said on Twitter...
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Ford Dealers Are Allegedly Creating Fake Customer Orders To Score More Broncos
Wednesday, September 29, 2021 - 4:07am | 308Read More...Ford Motor Co (NASDAQ: F) wants Bronco dealers to stop cooking up fake customers to get ahead in the queue for the allocation of the popular truck, Jalopnik reported on Tuesday. What Happened: Ford dealers or dealer employees across the United States are allegedly making fake bookings for customers...
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Ford Recall Of Mustang Mach-E Electric Vehicles Expands To US: What You Need To Know
Tuesday, September 28, 2021 - 3:05am | 402Read More...Ford Motor Co (NYSE: F) is recalling thousands of Mustang Mach-E electric cars in the United States over a risk of glass roof and windshield potentially coming loose and falling off, documents with the National Highway Traffic Safety Administration show. What Happened: The new recall, which follows...
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Ford Stock Flies Through Resistance, Options Traders Place Big Bets
Monday, September 27, 2021 - 4:48pm | 613Read More...Ford Motors Company (NYSE: F) was trading up over 3.5% higher Monday amid renewed interest in the EV and automaker sectors. The stock drove straight through resistance at the $14.23 mark after consolidating under the level on smaller time frames. Technical traders may have seen the move coming...
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Ford's India Exit Worries Dealers Of Legal Action From Customers
Friday, September 17, 2021 - 12:38am | 335Read More...Ford Motor Co’s (NYSE: F) exit from India could see its dealers face potential legal action from customers, Bloomberg News reported on Thursday, citing a dealer association executive. What Happened: The Dearborn, Michigan-based automaker has announced plans to shut its factories in...
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Elon Musk Hits Out At Ford For Mexico EV Production, Says Doesn't Serve 'American Taxpayers'
Monday, September 13, 2021 - 1:28am | 739Read More...Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Sunday hit out against Ford Motor Co (NYSE: F) for making its battery-powered Mustang Mach-E models in Mexico rather than the United States. What Happened: Musk’s bone of contention was related to a tweet from Whole Mars Blog that pointed out how...
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Ford Reportedly Puts On Offer 'Favorite Bourbon Or Spirit' To Bronco Buyers Facing Delay
Thursday, September 9, 2021 - 4:35am | 394Read More...Ford Motor Co (NYSE: F) is reportedly offering Bronco customers a reason to cheer even when deliveries get delayed due to production challenges. What Happened: The Dearborn, Michigan-based automaker is offering customers waiting for their Bronco deliveries freebies up to $1,000 that...
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Elon Musk 'Changing The World With His Ventures,' Says Tesla Rival Volkswagen's CEO
Monday, September 6, 2021 - 10:50pm | 620Read More...Volkswagen AG (OTC: VWAGY) CEO Herbert Diess in an interview with CNN Business on Monday said he doesn’t “see any parallels” between himself and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk. What Happened: Diess said that he highly regards what Musk is doing. See Also: How To Buy...
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'Tesla Is A True US Company,' Veteran Auto Engineer Blasts Federal Regulator, Congress For Investigating Elon Musk's Company
Thursday, August 26, 2021 - 4:49am | 770Read More...Former General Motors Co (NYSE: GM) and Ford Motor Co (NYSE: F) automotive engineer Sandy Munro on Wednesday rebuked the U.S. transport regulator and the government for investigating Tesla Inc (NASDAQ: TSLA) over its self-driving capabilities. On Experience With Tesla FSD: The veteran engineer...
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Chip Shortage In Focus With US Automakers Like Tesla, Ford, GM But Cathie Wood Says Used-Car Data Points In Different Direction
Thursday, August 12, 2021 - 4:34am | 651Read More...Ark Invest CEO and popular money manager Cathie Wood said on Wednesday that latest used car price data indicate sales have peaked and that prices will come down as deflation plays a bigger role in the coming days. What Happened: The latest inflation numbers from the U.S. Department of...
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GM's Record Q2 Operational Profit Dragged Down By Headwinds
Thursday, August 5, 2021 - 10:13am | 867Read More...General Motors (NYSE: GM) already had a hard job by having to follow up Ford Motors (NYSE: F), and Tesla Inc (NASDAQ: TSLA) who exceeded estimates with their earnings reports last week. It is also weathering a global semiconductor chip shortage, having confirmed three North American full-size...
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Ford, GM Expected To Announce New Electric-Vehicle Targets Today At The White House
Thursday, August 5, 2021 - 4:03am | 489Read More...A host of U.S. automakers including General Motors Co (NYSE: GM) and Ford Motor Co (NYSE: F) will aim to make electric vehicles account for 40% to 50% of their U.S. sales by 2030, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. What Happened: The White House...
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Tesla Hikes Model S, Model X Long Range Prices In Both US, China: Continued Chip Shortage Woes?
Wednesday, August 4, 2021 - 3:00am | 564Read More...Tesla Inc (NASDAQ: TSLA) on Tuesday hiked prices of the long-range variants of the Model S sedan and Model X SUV in the United States and China, its two biggest markets, the company website shows. What Happened: The Model S Long Range and Model X Long-range now both cost an extra $4,637 in...
















