STOCK TITAN

Ford Motor Company - F STOCK NEWS

Welcome to our dedicated page for Ford Motor Company news (Ticker: F), a resource for investors and traders seeking the latest updates and insights on Ford Motor Company stock.

Ford Motor Company (NYSE: F) is a global leader in the automotive industry, headquartered in Dearborn, Michigan. With a robust workforce of approximately 177,000 employees and 67 plants worldwide, Ford operates across six continents. The company manufactures and distributes a diverse range of automotive products under its flagship brands, Ford and Lincoln. Besides its automotive ventures, Ford provides extensive financial services through the Ford Motor Credit Company.

Ford’s operations are segmented into distinct business units to streamline its focus and innovation. In March 2022, the company introduced Ford Blue and Ford Model e as separate entities under the main Ford Motor umbrella. Ford Blue is dedicated to the development of combustion engine vehicles, while Ford Model e focuses on the creation of electric vehicles (EVs) and pioneering software solutions.

As of 2023, Ford holds a substantial market presence with nearly 13% market share in the United States, about 11% in the United Kingdom, and under 2% in China, including unconsolidated affiliates. Sales in the U.S. represent around 66% of Ford's total revenue for the year.

Recent achievements include the integration of the Webex app by Cisco into the all-new Ford and Lincoln Digital Experience, revolutionizing business mobility with seamless connectivity and immersive meeting experiences. This collaboration enables users to work from anywhere with advanced features such as AI background noise removal, further integrated into the vehicle’s native infotainment system.

In another notable development, Ford acquired the naming rights for the ultra-luxury Ford Amphitheater in Colorado Springs. This venue, slated for a grand opening in August 2024, reflects Ford's commitment to enhancing brand visibility through premium venue signage and exclusive event partnerships.

Ford’s strategic Ford+ plan for growth emphasizes maximizing existing strengths, integrating new capabilities, and maintaining continuous customer engagement. The company’s product lineup includes iconic Ford trucks, SUVs, commercial vans, and Lincoln luxury vehicles, along with cutting-edge connected services. Ford Blue leads in engineering traditional gas-powered vehicles, Ford Model e spearheads breakthrough EVs, and Ford Pro focuses on expanding the reach of commercial vehicles and services.

For more detailed information on Ford Motor Company's broad spectrum of products and services, please visit their official website at corporate.ford.com.

Rhea-AI Summary

Ford Motor Company (NYSE:F) reported its Q2 2024 financial results, showing strong performance and strategic advancements. Key highlights include:

  • Profitability targets for 2024 remain on track, with improved cash flow projections.
  • Ford Pro demonstrated robust growth, contributing significantly to overall performance.
  • Gains in vehicle quality and an uptick in hybrid vehicle sales were noted.

Access the full release here and view the webcast on shareholder.ford.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Ford Motor Company has announced plans to expand F-Series Super Duty production to its Oakville Assembly Complex in Ontario, Canada, starting in 2026. This move will boost production capacity by 100,000 units annually, addressing high demand for one of Ford's most popular and profitable vehicles. The expansion includes:

- A $3 billion investment, with $2.3 billion for assembly and stamping operations at Oakville
- Initially securing 1,800 jobs at Oakville Assembly Complex
- Adding 150 jobs at Windsor Engine Complex
- Creating 70 new jobs and additional overtime at U.S. component plants

This expansion supports Ford's strategy for profitable growth, maximizing its manufacturing footprint, and expanding its Ford Pro commercial business. The company also plans to introduce multi-energy technology to future Super Duty trucks and develop three-row electric utility vehicles.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
-
Rhea-AI Summary

Ford Pro, Ford Motor Company's commercial division, has launched the Ford Pro Smart Charging Bundle in California. This initiative offers complimentary Ford Pro Level 2 EV chargers to businesses subscribed to Ford Pro Charging software. The bundle includes advanced energy management features to automate demand response to grid events, reporting, and manage Low Carbon Fuel Standard carbon credits.

The program aims to simplify the adoption of electric vehicles for businesses, improve operations, and reduce EV charging costs. Ford Pro's Charging Software includes an automated demand-to-grid response solution that reacts to grid events in California by pausing and resuming charging as needed. This helps reduce grid burden and the risk of power outages.

Ford Pro will manage enrollment in California grid demand response programs and the Low Carbon Fuel Standard carbon credits program for customers. The initiative supports Ford's position as a leading commercial vehicle brand, offering integrated solutions for commercial and government customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
none
Rhea-AI Summary

Adriana Cisneros, CEO of Cisneros Group, has been elected to the Ford Motor Company board of directors, expanding the board to 15 members. Cisneros, who became CEO of Cisneros Group in 2013, has transformed the company into a global leader in digital advertising, media, entertainment, and real estate.

As a board member, she will serve on Ford's Nominating and Governance, and Sustainability, Innovation and Policy committees. Bill Ford, Executive Chair, praised her innovative leadership and strategic thinking, which he believes will benefit Ford as it navigates a new era in the automotive industry.

Cisneros also holds board positions at Mattel, AST Spacemobile, and the Paley Center for Media. She is a trustee of the Knight Foundation and involved with the Museum of Modern Art in New York City. She holds degrees from Columbia University and New York University, and has completed leadership programs at Harvard Business School.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.16%
Tags
management
-
Rhea-AI Summary

Ford Motor Company (NYSE: F) will release its second-quarter 2024 financial results at 4:05 p.m. ET on July 24, 2024. An earnings conference call hosted by CEO Jim Farley, CFO John Lawler, and other senior management will follow at 5:00 p.m. ET. The call will cover the company's financial performance and progress on its Ford+ growth plan. Investors can access the presentation materials and join the webcast via the company’s investor relations website. Replay options for the conference call will be available from July 24 at 8:00 p.m. ET through July 31, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.09%
Tags
conferences earnings
-
Rhea-AI Summary

Ford (NYSE: F) has secured a 10-year naming rights agreement for a new luxury outdoor amphitheater in Colorado Springs, previously known as The Sunset. The venue, now named Ford Amphitheater, is set to open on August 9, 2024, with a grand opening weekend featuring performances by OneRepublic and other notable artists. The $90 million, 8,000-capacity venue includes 92 VIP luxury fire pit suites and is expected to generate over 100 million impressions annually. This landmark agreement, powered by local Colorado Ford dealerships, underscores Ford's long-term commitment to the venue's operator, Venu Holding , and its partnership with leading concert promoter AEG Presents.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.33%
Tags
none
Rhea-AI Summary

Ford CFO John Lawler will discuss the Ford+ plan at the Deutsche Bank 2024 Global Automotive Conference on June 11, 10:30 a.m. ET. The plan focuses on growing margins, improving capital efficiency, and enhancing business durability. Lawler will highlight the benefits of Ford's business segments - Ford Blue, Ford Pro, and Ford Model e - and how they provide insights and flexibility in capital allocation. The discussion will cover Ford's iconic vehicles, both gas and electric, including their digital and physical services. A webcast link for the session will be available, with more information on Ford's investor site.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.95%
Tags
none
-
Rhea-AI Summary

The City of Dallas has signed a 10-year agreement with Ford Pro, the commercial division of Ford, to advance its electric vehicle (EV) charging infrastructure. This move aligns with Dallas' Climate Action Plan that aims to electrify the city's fleet by 2040. Ford Pro will provide the necessary hardware and smart charging software to ensure optimal performance and efficiency of the city's EV fleet. The initiative is expected to lower operational costs, reduce emissions, and improve air quality. The agreement will see the installation of Ford Pro chargers at various city worksites and the use of Ford Pro's integrated software to manage the EV charging infrastructure. Dallas Mayor Eric L. Johnson highlighted the significance of this milestone in the city's efforts to promote a cleaner environment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Ford President and CEO Jim Farley will discuss the company's Ford+ plan at the Bernstein 40th Annual Strategic Decisions Conference on May 30 in New York City. Scheduled for 9:00 a.m. ET, Farley will share insights on how Ford's distinct business segments – Ford Blue, Ford Pro, and Ford Model e – enhance customer experience and capital flexibility. The company aims to grow, increase margins, and improve capital efficiency through a lineup of gas, hybrid, and electric vehicles integrated with both physical and digital services. A webcast of the session will be available. For more information, visit shareholder.ford.com.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.89%
Tags
none
Rhea-AI Summary

Ford Motor Company announced senior leadership changes to further its Ford+ plan and accelerate profitable growth. John Lawler, CFO, will also become vice chair, focusing on future strategies, partnerships, and global policy. Sherry House joins as Finance VP, transitioning to CFO in early 2025, overseeing financial planning and analysis.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none

FAQ

What are the main brands under Ford Motor Company?

Ford Motor Company operates under its flagship brands, Ford and Lincoln.

How is Ford Motor Company structured?

Ford is structured into separate business units, including Ford Blue for combustion engine vehicles and Ford Model e for electric vehicles.

What market share does Ford hold in the United States?

Ford holds nearly a 13% market share in the United States.

What recent collaborations has Ford been involved in?

Ford recently integrated the Webex app by Cisco in its vehicles, enhancing business mobility.

What is Ford's latest venue partnership?

Ford has acquired naming rights for the ultra-luxury Ford Amphitheater in Colorado Springs, set to open in August 2024.

What is Ford Model e focused on?

Ford Model e concentrates on developing electric vehicles and innovative software solutions.

Where is Ford Motor Company headquartered?

Ford Motor Company is headquartered in Dearborn, Michigan.

What services does Ford Motor Credit Company offer?

Ford Motor Credit Company provides a wide range of financial services.

How many employees does Ford have worldwide?

Ford employs approximately 177,000 people globally.

Where can I find more information about Ford Motor Company?

More information can be found on their official website at corporate.ford.com.

Ford Motor Company

NYSE:F

F Rankings

F Stock Data

54.60B
3.92B
0.27%
57.83%
3.06%
Automobile Manufacturing
Manufacturing
Link
United States of America
DEARBORN