Taking apart Tesla and Chinese EVs was a wake-up call for Ford's CEO. Jim Farley told the "Office Hours: Business Edition" podcast that it spurred him to overhaul the automaker.
Ford Motor Co. faces weak U.S. demand for electric pickups, with possible cancellation of the F-150 Lightning reflecting a broader EV market slowdown. F's rushed BEV strategy led to heavy losses, with $13 billion lost on BEVs since 2023 and uncertainty about future capital requirements. The company is pivoting to hybrids and extended-range electric vehicles, delaying new BEV models and reconsidering its all-electric truck ambitions amid regulatory and market challenges.
F nears its 52-week high after strong earnings, but EV headwinds and guidance cuts test investor conviction.
Ford Motor (F) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Ford Motor Co. (NYSE: F) only sold 1,542 F-150 Lightning electric vehicles (EVs) in October.
The F-150 Lightning, which started its run in 2022, could be among the first, and most visible, casualties of the EV slowdown that has hit carmakers this year.
The Detroit three, which includes Ford, GM and Chrysler-parent Stellantis, have rolled back their ambitious plans for EVs, pivoting to their gasoline-powered models.
Executives at Ford are considering killing its flagship electric pickup truck, the F-150 Lightning, according to The Wall Street Journal.
Ford's Recall Avalanche When I told Lee I'd counted 107 recalls this year, even he was shocked.
Ford Pro's strong EBIT growth, rising software subscriptions and expanding service network position the segment as F's key profit engine.
Ford's October sales rise slightly as gas-powered vehicles offset a steep post-incentive drop in electric models.
Hyundai and Kia also posted October sales drops for certain EV models, after demand swelled in September.