Ford Motor

Ford Motor Co. F 8.52% said it unloaded more shares of Rivian RIVN 9.88% Automotive Inc., further pressuring the electric-truck maker’s battered stock price. Ford sold 7 million Rivian shares at a price of $26.88, the company said in a regulatory filing late Friday. That followed an 8-million-share sale earlier in the week at about the same price.…

Toyota TM 1.12% and Nissan NSANY -1.30% are giving more warning signals about the road ahead than their American peers. This is misleading: The Japanese players may actually handle it better. Nissan said it expected an operating profit of 250 billion yen, equivalent to roughly $1.9 billion, for the year through March 2023—in line with what it achieved in the last fiscal year. Analyst…

Electric-vehicle startup Rivian Automotive Inc. RIVN -9.61% maintained its production forecast for 2022, with executives saying the supply-chain problems that have stifled its factory output in recent months are expected to ease later this year. Rivian, which reported quarterly results after the market close Wednesday, said revenue for the first quarter was $95 million, below Wall Street expectations. The company’s net loss nearly quadrupled to $1.6 billion for the…

Shares of electric-vehicle startup Rivian RIVN -9.92% Automotive Inc. are trading near all-time lows ahead of the company’s quarterly earnings update, expected after the close Wednesday.The Irvine, Calif.-based auto manufacturer, led by Chief Executive Officer RJ Scaringe, was among a handful of EV-focused startups that went public last year with highflying valuations, tapping Wall Street’s zeal for the auto industry’s transition to electrics. But this year has proved…

Ford F -4.79% Motor Co. has sold off about 8% of its stockholdings in Rivian RIVN -18.60% Automotive Inc., according to people familiar with the matter, pushing shares of the electric-vehicle startup to an all-time low.Rivian stock has come under pressure, following news of the Ford stock sale, first reported by CNBC on Saturday. Rivian’s stock opened at $25 a share Monday, down 13% from Friday’s close and continuing a…