An 84-year-old Kansas woman last month auctioned off her Ford truck for $16,000—that’s not unusual. What is unusual is that her Ford has been in her family since before she was born in 1937. The original “barn find” workhorse of a truck was originally bought by Great Bend woman Genie’s dad back when horse and…
84-Year-Old Kansas Woman Sells Her 1937 Ford Older Than Her, Whose Family Originally Bought It
Ford Sees 77 Percent Rise in Sales of EV Mustang Mach-E in October: What You Need to Know
Ford Motor Co. said on Wednesday it sold more Mustang Mach-Es in October compared to a month ago but the jump was shy of the volumes that it scored in July. What Happened The Dearborn, Michigan-based automaker said it sold 2,848 Mustang Mach-Es in October, up 76.9 percent compared with a month ago. The latest…
Ford to Retire $5 Billion in High-Interest Debt, Issue Green Bonds
Ford Motor Co. said it plans to retire up to $5 billion in high-interest debt and tap into the fast-growing market for “green” bonds to help it finance new electric vehicles (EVs) and expand credit to customers with lower scores. Ultimately, the automaker aims to regain an investment grade rating for itself and Ford Credit,…
Ford Motor to Require Most of Its 32,000 US Salaried Employees Be Vaccinated
WASHINGTON—Ford Motor will require most of its 32,000-strong U.S. salaried workforce to be vaccinated by Dec. 8. The second largest U.S. automaker said on Wednesday more than 84 percent of U.S. salaried employees already are vaccinated. The company deadline for most salaried workers to get vaccinated against COVID-19 “aligns to federal contractor guidelines.” Ford was…
Business Chart of the Day: Is Ford’s Stock Ready to Rip Higher?
It looks like shares of Ford Motor Company have broken out. That means there’s a good chance the stock continues to move higher. Resistance is a large group or concentration of investors who are all trying to sell at the same price. At resistance levels, there is more supply than there is demand. This is…
Ford Analysts Break Down Q3 Earnings: ‘Beat, Raise, Swagger’
Ford Motor Company shares gained 8 percent on Thursday after the company reported a third-quarter earnings beat and surprisingly reinstated its dividend. Ford reported third-quarter adjusted earnings per share (EPS) of 51 cents on revenue of $33.21 billion. Both numbers topped consensus analyst estimates of 27 cents and $32.54 billion, respectively. Revenue was down 5 percent…
Ford, GM Juggle High Prices, Supply Chain Pressure in Tesla’s Shadow
DETROIT—Detroit automakers Ford Motor Co. and General Motors Co. both took advantage of insatiable demand from U.S. consumers for trucks and SUVs to offset the pain caused by supply chain bottlenecks. But both automakers warned investors that the cost pressures created by disruptions in the global semiconductor supply chain and price spikes for other commodities…
Business Chart of the Day: If the Ford Rally Over?
They say that markets have memories. And if it’s true, there’s a good chance the rally in shares of Ford Motor Company may be about to end. A market memory is a reference to a support or resistance level retaining its importance for an extended period of time. In the case of Ford, it may be…
Business Chart of the Day: Is the Ford Rally Over?
They say that markets have memories. And if it’s true, there’s a good chance the rally in shares of Ford Motor Company may be about to end. A market memory is a reference to a support or resistance level retaining its importance for an extended period of time. In the case of Ford, it may be…
Tennessee Considering $900M Ford Incentive Package
NASHVILLE, Tenn.—Tennessee is poised to spend approximately $900 million of its tax revenues on incentives, infrastructure projects and more under an agreement with Ford Motor Co., which has announced plans to build an electric vehicle and battery plant near Memphis. The sweeping spending package must be approved by the Republican-led General Assembly, which began the…
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