No EV Spinoff for Ford
CEO Jim Farley says the automaker has no plans to spin off its EV business during a virtual Wolfe Research investor conference.
February 24, 2022
CEO Jim Farley says the automaker has no plans to spin off its EV business during a virtual Wolfe Research investor conference.
February 24, 2022
GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.
February 9, 2022
GM reported a net profit of $10 billion for 2021 and reported full-year pretax rose 47% to hit a record $14.3 billion.
February 1, 2022
The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.
January 6, 2022
Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.
December 21, 2021
Edmunds predicts 15.2 million new cars sales in 2022, a 1.2% increase from its 2021 vehicle sales estimate.
December 21, 2021
Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.
December 16, 2021
Ford Motor Co. partners with chip maker GlobalFoundries to address the auto industry’s semiconductor supply shortfalls.
November 23, 2021
Ford CEO Jim Farley wants to maintain the company’s build-to-order strategy after the chip shortage ends. Will consumers adapt?
November 16, 2021
Since Farley took control of the automaker last October, Ford’s stock has roughly tripled.
November 8, 2021
Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
October 19, 2021
Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.
July 22, 2021
How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.
June 8, 2021
Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.
May 27, 2021
The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.
May 25, 2021
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