A strong jobs report from the Labor Department Friday shows the job market is still tight. Where are the jobs, and how are companies trying to attract workers? Automakers are reporting record earnings. What are the most recent trends, and what are the obstacles? Interest rates in the European Union are staying steady. But the…
January Jobs Report: Stronger Than Expected; Automakers Report Record Earnings | NTD Business
Ford Begins Production for E-Transit, Deliveries to Begin in Coming Weeks
Ford Motor Co. has started production of its electric E-Transit cargo vans in Kansas City, Missouri, TechCrunch reported on Tuesday, citing a company executive. What Happened Deliveries for the electric E-Transit in the U.S. will begin in the coming weeks. Ford had previously opened reservations for the electric E-Transit in May last year and said…
White House to Host GM, Ford Among CEOs at Meeting on Spending Push
January 26, 2022
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WASHINGTON—The White House plans to host the chief executives of major U.S. companies including auto and tech sector firms on Wednesday to discuss President Joe Biden’s signature $1.75 trillion Build Back Better legislation. General Motors CEO Mary Barra, Ford Motor CEO Jim Farley, Salesforce co-CEO Marc Benioff, Microsoft President Brad Smith, Etsy CEO Josh Silverman,…
Ford Aims to Be the Tesla of Connected Commercial Vehicles
January 26, 2022
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DETROIT—Ford Motor Co. Chief Executive Jim Farley won applause from Wall Street by increasing the production target for the automaker’s electric F-150 to 150,000 a year, more than three times the original number. Now, Farley wants investors and commercial vehicle customers to pay more attention to the software and services Ford wants to sell with…
Ford Stops Taking New Orders for Maverick Pickup Truck Amid ‘Overwhelming’ Consumer Demand
Ford will stop taking new orders of its Maverick compact pickup truck until the summer due to the overwhelming demand for the vehicles, a spokesperson confirmed. The decision comes as the auto industry faces a global microchip shortage, a supply chain crisis, and rising prices, driven in part by the COVID-19 pandemic, although the Michigan-headquartered Ford…
Ford Launches High-Performance Bronco Raptor
Ford Motor Co. on Monday launched a Raptor variant of its Bronco SUV, expanding its Bronco lineup with a new high-priced model. Ford said the Bronco Raptor is set to hit the roads this summer and customers can begin placing orders in March. The Raptor’s improved off-roading capabilities and 3.0 liter twin turbo ecoboost engine…
Djokovic Has Stake in COVID-Treatment Firm; China Cuts Lending Rates To Boost Economy | NTD Business
Amazon opening its first physical store for clothing, where will it be, and what will you find there? The CEO of a biotech firm revealing that the world’s top tennis star and his wife own most of the company. What’s it working on? China cutting a key interest rate for the second time in just…
Ford Analyst Downgrades Stock: ‘Limited Scope for Positive Surprises’
Ford Motor Company shares have had a nice run-up since hitting a double-bottom in early September. Wary of the pricier valuation, an analyst at Jefferies chose to move to the sidelines. The Ford Analyst Philippe Houchois downgraded Ford from Buy to Hold and increased the price target from $20 to $25. This comes on the heels of…
Ford’s Stock Pulls Back, but Here’s Why Bulls May Soon Regain Control
Ford Motor Co. shares retreated over 7 percent by Wednesday afternoon as the stock took aim at a lower gap between $21.88 and $22.42 left behind on Jan. 4 when shares shot up almost 12 percent higher from the previous day’s closing price. If the stock falls to fill the gap and prints a reversal signal near…
Ford Recalls 200,000 Cars Because Brake Lights Can Stay On
DETROIT—Ford is recalling about 200,000 cars in the United States to fix a problem that can stop the brake lights from turning off. The recall covers certain 2014 and 2015 Ford Fusion and Lincoln MKZ midsize cars as well as some 2015 Mustangs. All were sold or registered in Texas, Louisiana, Mississippi, Alabama, Florida, Georgia,…
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