Welcome to our dedicated page for Ford Mtr Co Del news (Ticker: F), a resource for investors and traders seeking the latest updates and insights on Ford Mtr Co Del stock.
Ford Motor Company (NYSE: F) regularly issues news and updates that reflect its role as a global automobile manufacturer and provider of connected services. This news page aggregates press releases and market-moving announcements related to Ford’s operations, strategy, vehicle sales, technology and financial performance.
Recent Ford news has highlighted strong U.S. sales momentum, particularly in trucks, SUVs and hybrids. The company reported that F-Series remained America’s best-selling truck and vehicle, that Explorer continued as America’s best-selling three-row SUV, and that the Ford Maverick achieved record sales as what Ford describes as America’s most affordable pickup. Ford also reports record hybrid sales, with F-150 Hybrid and Maverick Hybrid leading in their segments, and ongoing participation in the EV market through vehicles such as Mustang Mach-E.
Investors and followers of Ford news will find updates on the Ford+ plan, including decisions to adjust EV manufacturing capacity and product roadmaps, new investments in the Universal EV Platform and production system, and the launch of a battery energy storage business aimed at data centers, utilities and industrial customers. News items also cover Ford Pro’s commercial vehicle leadership, Ford Pro Intelligence software subscriptions, and collaborations such as the multi-year agreement with ServiceTitan to integrate Ford Pro Data Services with fleet management software.
In addition, Ford’s news releases provide information on BlueCruise hands-free driving technology, workforce and manufacturing investments in U.S. plants, European strategy and partnerships, and quarterly financial results and dividends. Bookmark this page to follow Ford’s latest announcements on trucks, SUVs, commercial vehicles, hybrids, EVs, digital services and corporate strategy.
Lyft has partnered with Argo AI and Ford to launch the first large-scale autonomous ride-hailing service. This collaboration integrates self-driving technology, vehicles, and a transportation network to enhance rider experience. Lyft will begin deploying Ford self-driving cars, with rides starting in Miami later this year and in Austin in 2022. The plan is to roll out at least 1,000 autonomous vehicles over the next five years. Lyft will also receive 2.5% equity in Argo AI, allowing for data-driven insights to foster safer and more accessible transportation solutions.
Ford Motor Company (NYSE: F) announced its June 2021 U.S. sales results today, reflecting ongoing challenges and growth in the automotive market. The press release emphasizes Ford's commitment to electrification and customer loyalty through its Ford+ growth plan. The company continues to innovate with connected and electrified vehicles while maintaining its strong position in the market. Ford employs approximately 186,000 individuals globally, focusing on enhancing customer experiences and expanding its leadership in mobility solutions.
Ford is acquiring Electriphi, a California firm specializing in charging management and fleet monitoring for electric vehicles. This move aims to bolster Ford Pro, a new business unit focused on enhancing commercial customer productivity. Ford Pro intends to leverage Electriphi's technology to address the challenges in charging management for commercial fleets, which are increasingly adopting electric vehicles. This acquisition supports Ford Pro’s goal of generating over $1 billion in revenue from charging services by 2030, coinciding with the launch of all-electric versions of popular Ford vehicles.
Ford anticipates its adjusted EBIT for Q2 2021 to exceed expectations, signaling substantial improvement compared to last year. CEO Jim Farley will address the Deutsche Bank Global Auto Industry Conference, highlighting notable progress in Ford's automotive operations despite ongoing semiconductor supply challenges. Key factors contributing to this improvement include lower costs and increasing vehicle auction values benefiting Ford Credit. However, net income is expected to decline significantly due to last year's $3.5 billion gain from the Argo AI investment.
Ford Motor Company (NYSE: F) has reported its U.S. sales results for May 2021. The company continues to expand its offerings, including electrified vehicles, and aims for leadership in the mobility sector. Ford employs around 186,000 globally and provides various financial services through its credit company. For a detailed overview, visit the official corporate site or click here.
Ford is spearheading the transition to zero-emission vehicles and advanced connectivity with its Ford Pro commercial services division. During the "Delivering Ford+" event, CEO Jim Farley will outline the company's strategic ambitions, including an increase in planned spending on electrification to over $30 billion by 2025 and a goal for 40% of global vehicle volume to be fully electric by 2030. Additionally, Ford expects to achieve an 8% adjusted EBIT margin in 2023, emphasizing growth and customer-centric innovations.
Ford and SK Innovation have signed a Memorandum of Understanding (MoU) to establish a joint venture named BlueOvalSK, aimed at producing approximately 60 GWh of traction battery cells annually by mid-decade. This collaboration is part of Ford's strategy to vertically integrate its capabilities for a competitive edge in electric vehicles (EVs). The JV will develop next-gen cells to support Ford's battery electric vehicles, contributing to Ford's commitment to at least 240 GWh of battery cell capacity by 2030.
Solid Power, a leader in all-solid-state batteries for electric vehicles, has appointed Ted Miller and Rainer Feurer to its Board of Directors, nominated by Ford and BMW respectively. This follows a successful $130 million Series B investment round led by these companies. Miller, with 25 years at Ford, focuses on battery research, while Feurer brings 23 years of experience from BMW. Both aim to enhance Solid Power's battery technology and accelerate commercialization, contributing to future electric vehicles. This partnership signifies strong backing for Solid Power's innovative approach in battery technology.
Ford Motor Company (NYSE: F) announced its April 2021 U.S. sales results, highlighting a strong performance in the truck and utility vehicle segments. The report indicates a growing demand for electrified vehicles, aligning with Ford's commitment to electrification and mobility solutions. The company continues to innovate in connected vehicle services while leveraging its financial services through Ford Motor Credit Company. This month's sales figures reflect Ford's strategic focus on market leadership in both traditional and electric vehicle categories.
Solid Power, a leader in all solid-state batteries for electric vehicles, announced a $130 million Series B investment round led by BMW Group, Ford Motor Company, and Volta Energy Technologies. This investment will enable Solid Power to produce full-scale automotive batteries and enhance production capabilities. Both Ford and BMW aim to leverage Solid Power’s technology for future electric vehicles, beginning automotive qualification testing in 2022. Solid Power's batteries are designed to be safer and offer up to 100% more energy density compared to existing lithium-ion technology.