The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.
The National Highway Traffic Safety Administration said Thursday Ford Motor has agreed to a $165 million civil penalty after a government investigation found the automaker failed to recall vehicles with defective rearview cameras in a timely manner.
Ford is getting its workers in Cologne, Germany, to work fewer hours. The carmaker said a "lower than expected demand for electric vehicles" brought on the shift.
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.
After spinning its tires for nearly a decade, is it finally time to pull over and walk away from Ford as a long-term investment?
Ford Motor Company F shares are trading lower on Thursday. Bernstein analyst Toni Sacconaghi downgraded Ford Motor from Outperform to Market Perform, with a price forecast of $11.
Bernstein analyst Daniel Roeska downgraded Ford stock to the equivalent of Hold from Buy, and cut his price target to $11 from $15.
While higher costs plagued Ford yet again, there is upside in the near term.
Former President Donald Trump's reelection victory is expected to send the U.S. auto industry into a period of uncertainty regarding electric vehicles. Republicans, led by the president-elect, have largely condemned EVs, claiming they are being forced upon consumers and that they will ruin the U.S. automotive industry.
Last week, U.S. legacy automaker Ford F released its third-quarter 2024 results. The company's net income during the quarter plunged 25% to $900 million, largely due to losses in its electric vehicle (EV) business.
Crescent Energy's recent major acquisition and smaller acquisition signal a focus on the Eagle Ford. The latest quarterly report is clouded by acquisition-related costs, making it less useful; expect clearer financials in future reports. Acquiring SilverBow's natural gas production at low prices offers substantial upside potential as natural gas prices recover and export capacity increases.
Ford Motor Company (NYSE:F) increased US sales 15.2% last month, overtaking overall industry growth thanks to stronger truck and hybrid vehicle sales, compensating for soft demand for electric vehicles. Total market share for the Dearborn, Michigan company was boosted to 12.6%.