Fords

An electric truck powering an e-scooter fleet? Ford’s F-150 Lightning electric pickup helped Max Rastelli double his e-scooter fleet using its powerful mobile battery features. Rastelli started HFX e-Scooters in Halifax, Nova Scotia, in 2019 to provide sustainable mobility across the city. Although he was always interested in owning an electric vehicle, Rastelli needed a truck for his business. When Ford unveiled the all-electric version of its best-selling pickup in 2021, Rastelli…

Based on Volkswagen’s MEB platform, Ford’s new electric crossover was spotted testing for the first time. The Ford Capri will be revived as the second EV born from the partnership. Designed as the European version of the Mustang, Ford’s Capri is destined to return as an electric crossover SUV. After launching in 1969, the 2+2 coupe was a runaway hit, selling over 400,000 models in its first two years alone. By 1974, 1.2 million Ford Capri’s were sold, and a three-door hatch replaced the…

Get our free weekly email for all the latest cinematic news from our film critic Clarisse LoughreyGet our The Life Cinematic email for freeA stunt performer who performed in the latest Indiana Jones film set himself alight at a recent actors’ strike rally. Mike Massa, who body doubled for Harrison Ford in Indiana Jones and the Dial of Destiny, appeared on stage during the ongoing Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) protests on Monday (24 July).Actors and performers withdrew…

In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese battery maker CATL. The probe centers on Ford’s efforts to put CATL’s battery cell technology to use at an upcoming, $3.5 billion battery cell plant in Michigan. In their letter, the chairs of the House Ways and Means Committee and Select Committee on China call on Ford to hand over details…

Send your questions directly to Jim Cramer and his team of analysts at [email protected] . Reminder, we can't offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. Question 1: What are your thoughts on the stability of FORD's dividend? Thank you, Denise The quickest way to determine the sustainability of a company's dividend is to consider it in relation to earnings and/or cash flow. The dividend payout…

One of the world’s largest automotive suppliers is investing big bucks to expand its footprint in North America – a market in which it’s already #1. Today, Tennessee’s Governor announced Magna International will invest nearly $800 million dollars to become the first supplier and Ford’s new BlueOval City. Magna International is a globally recognized automotive contract manufacturer that currently reigns as the largest in North America and the fourth largest on the planet. Its success comes on the…

CNBC's Jim Cramer on Monday analyzed Ford Motor's move to slash prices for its electric F-150 Lightning pick-up truck. Cramer said he thinks the price cuts are due at least in part to the novelty of EVs wearing off for many Americans.Ford announced on Monday it would cut prices for all versions of the Lightning, with the cheapest version sporting a sticker price of $50,000, roughly $10,000 less than its previous estimate. The company said its efforts to boost production and lower the costs of battery minerals have paid…

Resilient quarterly auto sales from Club name Ford Motor (F) on Thursday bolstered our confidence in the company's transformation strategy to support its electric vehicle future. Ford reported total U.S. auto sales of 531,662 during the second quarter, a 9.9% year-over-year increase, a second straight quarterly advance. Those gains were driven by a 34% increase in F-series truck sales. Sales in its core internal combustion engine vehicle unit increased 10% in Q2. Electric vehicle sales fell 2.8% to 14,843 in the second…

Ford Motor Company's electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty ImagesDETROIT – Ford Motor's second-quarter sales increased 9.9% from a year earlier, spurred by significant sales gains of its F-Series trucks.The Detroit automaker Thursday reported sales of 531,662 vehicles from April through June, up from subdued results of 483,688 cars and trucks that were weighed down by supply chain problems in the…

Despite a positive upswing in electric car sales in the US over the past three months, American automaker Ford’s EV sales fell by 2.8% in Q2 from the first quarter. Ford’s electric pickup, the F-150 Lightning, was its only purely electric vehicle to see sales rise compared to last year. F-150 Lightning sales reached 4,466 in the second quarter, up 118.7% compared to just over 2K last year. Keep in mind, however, Ford began delivering the electric pickup last May, so doubling sales over the…