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Ford Stock Slides Despite Q3 Earnings Beat

Ford Motors reported its third-quarter earnings after the bell on Monday, which beat Wall Street's expectations. However, the automaker’s stock still slid in after-hours due to a lower forecast for the full year of 2024. Ford’s automotive revenue in Q3 came at $43.07 billion compared...

Ford is Offering Free Chargers to EV Buyers

Ford Motors is looking to boost the sale of its electric cars by offering prospective customers free EV chargers. The company announced that the buyers of Ford Mustang Mach-E, F-150 Lightning, or E-Transit Cargo will receive complementary home chargers for their vehicle alongside free-of-charge installation....

Ford and GM Stocks Fall After Morgan Stanley Downgrade

U.S. car stocks have fallen on Wednesday following a sweeping downgrade by Morgan Stanley analysts. The downgrades included the stock of legacy car makers Ford Motors and General Motors (GM), as well as electric vehicle manufacturer Rivian Automotive. According to Morgan Stanley, the U.S. auto...

Ford is Interested in Resuming Car Production for Export in India

U.S. automotive giant Ford Motors is eyeing a surprise return to India. Three years after shutting down its car production in the country, Ford is now interested in resuming its operations for export purposes. M. K. Stalin, Chief Minister of Indian state Tamil Nadu, confirmed...

Ford Motors Offers Wage Increases of Up to 25%

Following an intense wage dispute standoff, Ford Motors has offered Canadian worker's union Unifor wage increases of up to 25% as part of a tentative agreement to bring an end to negotiations. Unifor confirmed that its Ford leadership unanimously voted to support the tentative agreement,...

Ford CEO Unveils New Supercar, Provides EV Update

Ford Motors Co unveiled its Mustang GTD at the Monterey Car Week. The new supercar runs on the most powerful V8 engine developed by Ford to date, with CEO Jim Farley commenting that the time has arrived for the American automaker to release a...