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Ford Motor Company reports news across its global automotive manufacturing, connected-services and financial-services operations. Recurring updates cover Ford and Lincoln vehicles, Ford Blue gas-powered and hybrid programs, Ford Model e electric-vehicle and software work, Ford Pro commercial vehicles and services, and Ford Motor Credit Company.
Company announcements also address quarterly financial results, U.S. sales trends, dividend declarations, product-creation and industrialization changes, technology collaborations, BlueCruise and security services, shareholder meeting materials, and governance or investor-relations updates tied to the Ford+ operating plan.
Ford Motor Company (NYSE:F) released its 2021 fourth quarter financial results, highlighting key performance metrics. The earnings call, starting at 5:00 p.m. ET, will feature CEO Jim Farley and CFO John Lawler. The company remains focused on its Ford+ plan aimed at growth and enhancing customer loyalty. Ford is pursuing leadership in electrification and connected vehicle services while offering a full line of vehicles including trucks, vans, and luxury cars. More information can be found on the company's media and shareholder websites.
Ford Motor Company (NYSE: F) announced its U.S. sales results for January 2022. The company is committed to enhancing customer experiences and loyalty through its Ford+ growth plan, integrating traditional strengths with new capabilities. Ford emphasizes its focus on electrification, connected vehicle services, and mobility solutions, along with servicing a diverse lineup of vehicles, including Lincoln luxury models. The firm employs approximately 184,000 people globally.
Ford will present its 2021 financial performance and 2022 outlook during a fireside chat on February 8, 2022, hosted by Bank of America analyst John Murphy. Key executives, including CFO John Lawler, will discuss the company's progress in the Ford+ growth strategy, focusing on leadership in connectivity and electrification. The webcast can be accessed online for stakeholders seeking insights into Ford's market positioning and future plans.
Ford revealed upcoming special items for its fourth-quarter and full-year 2021 financial results, including a projected $8.2 billion gain from its Rivian equity investment after its IPO. The company will reclassify a $900 million gain from Q1 2021 as a special item, excluding it from adjusted EBIT and EPS. Additionally, a non-cash pension re-measurement gain of $3.5 billion is expected, alongside $1.7 billion in costs from repurchasing high-cost debt, and a $3.6 billion tax special item. Full details will be available in the earnings release on Feb. 3.
Ford (NYSE:F) and ADT Inc. (NYSE:ADT) have launched Canopy, an AI-powered vehicle security system targeting both personal and commercial markets. The system integrates ADT’s monitoring services with Ford’s camera technology. Canopy's first products are set to launch early next year, focusing on security for high-volume commercial trucks and vans in the U.S. and U.K. Canopy aims to reduce theft losses—estimated at $7.4 billion in 2020—by offering customizable alerts and a mobile app for users to monitor their vehicles remotely.
Ford Motor Company (NYSE:F) will announce its fourth-quarter and full-year 2021 financial results on February 3 at 4:05 p.m. ET. A conference call will follow at 5:00 p.m. ET, featuring CEO Jim Farley and CFO John Lawler. Investors can participate by registering through provided links. The earnings presentation and additional materials will be accessible on www.shareholder.ford.com. A replay of the call will be available from 8 p.m. ET on February 3 to February 9.
The board of directors of Ford Motor Company has declared a first-quarter dividend of 10 cents per share for its common and Class B stock. This dividend is set to be paid on March 1 to shareholders on record as of the close of business on January 31. This initiative highlights Ford's commitment to returning value to its shareholders amidst its growth strategies and plans for electrification and connected vehicle services.
Nextech AR Solutions Corp (OTCQB: NEXCF, NEO: NTAR) announces multiple CAD to POLY deals across various industries, including partnerships with Ford (NYSE: F), Brunswick Corporation (NYSE: BC), and Jacuzzi Brands. This collaboration validates their ARitize CAD technology, allowing efficient conversion of large CAD files into lightweight 3D models. With the global CAD market projected to reach $11 billion by 2023, Nextech aims to capitalize on the demand for 3D models, enhancing engagement in the metaverse and potentially driving higher sales.
Ford Motor Company (NYSE: F) reported its U.S. sales results for December 2021. The report highlights key metrics and growth strategies under its Ford+ plan aimed at enhancing customer loyalty and expanding its electrified vehicle offerings. Ford's commitment to innovation includes advancements in electrification, mobility solutions, and self-driving technologies. The company employs around 184,000 people globally, reinforcing its significant market presence and operational scale.
Ford plans to nearly double the production of its all-electric F-150 Lightning to 150,000 vehicles annually at the Rouge Electric Vehicle Center in Dearborn, Michigan, due to high customer demand. The company has received nearly 200,000 reservations and will start the order conversion process this Thursday. Ford aims to expand its electric vehicle production capacity significantly, targeting 600,000 electric vehicles annually by 2024. Additionally, Ford is increasing Mustang Mach-E production and launching the all-electric E-Transit van this year.