What happened
Shares of Ford Motor (NYSE: F) were trading higher on Monday after the company revealed a new plug-in hybrid version of its Escape SUV that outpaces a key competitor from Toyota (NYSE: TM).
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Ford Motor Co. (Symbol: F), where a total of 618,846 contracts have traded so far, representing approximately 61.9 million underlying shares. That amounts to about 68
What happened
Shares of Ford Motor Company (NYSE: F) were moving higher on Friday, amid a broad-based market rally following the release of better-than-expected May employment figures. The figures add to other signs that the economy might be starting to recover -- just in time f
Brazil produced more cars than Mexico in May, reversing normal patterns as Latin America's top carmaking countries slowly restarted auto factories in the face of the coronavirus crisis.
U.S. stock index futures slipped on Thursday as a rally fueled by optimism over an economic rebound from a coronavirus-led downturn ran out of steam, with investors awaiting a reading on weekly jobless claims.
General Motors Co is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com Inc and United Parcel Service Inc, five people familiar with the plans told Reuters.
Former United Auto Workers president Gary Jones pleaded guilty in federal court on Wednesday to embezzlement of union funds and racketeering. He has also agreed to cooperate with investigators. As part of a plea deal worked out with prosecutors, Jones faces up to five years in p
What happened
Shares of Ford Motor Company (NYSE: F) were trading higher on Wednesday afternoon on signs of an accelerating recovery after U.S. auto sales totals for May turned out to be better than analysts had expected.
Top executives of the Detroit Three automakers and other major Michigan employers on Wednesday condemned racism and injustice in the United States following the death last week of an unarmed black man at the hands of Minneapolis police, carefully joining a charged national debate.
Like many industries during the COVID-19 pandemic, the automotive industry has been hit hard. Manufacturers such as Ford and General Motors temporarily idled plants, dealerships struggled with dwindling foot traffic and cautious consumers, and vehicle rental company Hertz filed
Several automakers on Tuesday reported stronger-than-expected May sales in the United States, and the Detroit automakers said they will work through their annual summer shutdowns to rebuild inventories as demand recovers from coronavirus shutdowns.
The collapse in demand for new vehicles from U.S. rental car fleets hit automakers hard in May, even as consumer sales were stronger than expected as coronavirus stay-at-home orders began to ease.
General Motors Co and Ford Motor Co condemned racial inequality in the United States following the death of George Floyd, an unarmed black man, at the hands of police in Minneapolis last week.