Ford is struggling with consumer acceptance of BEVs and has postponed $12 billion of its $50 billion BEV investment due to market and political uncertainties. The election of Donald Trump and potential regulatory relaxations could reduce pressure on automakers to develop BEVs, impacting Ford's strategy and profitability. Ford is shifting focus to gas-electric hybrids to bridge the gap until BEVs become more affordable and practical, while Chinese automaker BYD excels in BEV and hybrid technology.
The Consumer Reports Automotive Report Card is among the most carefully watched surveys of auto reliability in the US.
Zacks.com users have recently been watching Ford Motor (F) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
EV sales of almost 11,000 units was a new monthly record.
CRGY states that the acquisition of Ridgemar Energy's assets should expand and strengthen its presence in the Eagle Ford Basin.
Crescent Energy said on Tuesday it would acquire Carnelian Energy Capital-backed Ridgemar Energy's assets in the Eagle Ford basin in Texas for a cash-and-stock deal of $905 million.
Ford Motor Co's UK chair has called on the British government to provide consumer incentives of up to £5,000 per electric vehicle, Sky News reported on Tuesday.
It might seem like U.S. President-elect Donald Trump's plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America's leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.
There is no shortage of challenges facing Ford Motor Company. Ever since I invested in the company, Ford has suffered one major setback after another. The 25% tariffs on Mexican imports proposed by President-elect Trump will force Ford to pass costs to consumers, potentially reducing demand for its vehicles. Wolfe Research predicts new car prices will rise by up to $3,000, exacerbating already high average prices and deterring buyers.
After a detailed analysis, General Motors emerges as the stronger contender, better positioned to deliver superior returns than Ford.
Investors have long overlooked the U.S. automotive industry because of its track record of poor returns. And with shares down around 29% over the last 10 years (not including dividends), Ford Motor Company (F 0.27%) is a quintessential specimen in this lackluster industry.
The automotive sector is one of the largest and oldest industries. Due to its importance in our society and the overall economy, investors might be looking at this market to find potential businesses to own for the long haul.