Ford Mtr Co Del Stock Price, News & Analysis

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.

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.

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.

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.

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.

Blue Bird (BLBD) has extended its exclusive clean school bus collaboration with Ford Component Sales and ROUSH CleanTech to 2030. Blue Bird is the sole school bus manufacturer in the US to offer propane- and gasoline-powered buses meeting stringent emission standards. Ford's 7.3L engine powers Blue Bird's school buses, exceeding emission standards. The partnership has deployed over 40,000 alternative-fuel buses since 2012.