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.
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Ford Pro is enhancing its services for commercial customers by partnering with Ernst & Young LLP to provide free information on Inflation Reduction Act (IRA) electric vehicle tax credits. Qualifying customers can receive up to $7,500 in tax credits for each purchased electric vehicle, including the popular E-Transit and F-150 Lightning. The complimentary service is available to commercial clients with a Fleet Identification Number, catering to those with fleets of 15 vehicles or more or those purchasing five vehicles. This initiative aims to support businesses in understanding IRA incentives, simplifying the transition to electric vehicles.
Ford will present its new customer-focused business segments during a Teach-In on March 23, 2023, at 10:00 a.m. ET. The segments include Ford Blue for gas-powered vehicles, Ford Model e for electric vehicles, and Ford Pro for commercial services. CFO John Lawler and VP Cathy O’Callaghan will discuss how these changes align with the Ford+ growth plan, including the recast financials for 2021 and 2022. The event will be livestreamed, and Ford will ring the NYSE opening bell at 9:30 a.m. on the same day.
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Ford has launched Latitude AI, a wholly owned subsidiary dedicated to developing a hands-free, eyes-off automated driving system for its vehicles. The Latitude team, consisting of 550 experts in machine learning and robotics, aims to enhance the driving experience by automating tedious situations like traffic. This initiative supports Ford's strategic shift toward in-house development of automated driving technologies. Latitude's headquarters is in Pittsburgh, with additional hubs in Dearborn and Palo Alto. The new system is expected to improve safety and reduce stress for millions of drivers, aligning with Ford's commitment to innovation in mobility.
IperionX Limited (NASDAQ: IPX, ASX: IPX) has appointed Harold Sears as Additive Manufacturing Senior Advisor, enhancing its capability in producing low-cost, low-carbon titanium metal powders for advanced industries. Mr. Sears brings over 32 years of experience, including a significant tenure at Ford Motor Company. His expertise will guide IperionX in scaling its additive manufacturing capabilities, catering to sectors such as automotive and defense. IperionX's patented technology transforms recycled titanium into sustainable products, supporting its mission to lead in low-carbon titanium solutions.
Ford announced a $3.5 billion investment to build the first LFP battery plant in the U.S. in Marshall, Michigan. This facility is set to create 2,500 jobs and will enhance Ford's EV production capabilities, adding approximately 35 GWh of battery capacity annually. The plant is part of Ford's commitment to invest over $50 billion in electric vehicles globally by 2026, aiming for an 8% EBIT margin by that year. Ford has invested $17.6 billion in EV and battery production since 2019, leading to more than 18,000 direct jobs in the U.S.
The introduction of LFP batteries will diversify Ford's battery offerings, making EVs more affordable and accessible.
Ford Motor Company (NYSE:F) will showcase its customer-focused growth strategy during a fireside chat at the Wolfe Research Global Auto Conference on February 15, 2023. CEO Jim Farley and CFO John Lawler will discuss the Ford+ growth plan, focusing on enhancing operational quality and cost reduction. The company has introduced three segments: Ford Blue for gas-powered vehicles, Ford Model e for electric vehicles and software, and Ford Pro for commercial solutions. Ford aims for transparency in financial reporting, with key metrics to be shared on March 23 and Capital Markets Day on May 22, including targets for an 8% EBIT margin in the Model e segment.
Ford Motor Company (NYSE:F) announced its fourth quarter financial results for 2022. The earnings call will feature insights from CEO Jim Farley and CFO John Lawler, alongside senior management. Ford is dedicated to its Ford+ growth strategy, enhancing customer relationships through a focus on innovative vehicle production, including trucks, SUVs, and electric vehicles. The company continues to expand its market reach while delivering dependable financial services.
This quarter is pivotal for Ford's ongoing transformation and responsiveness to market dynamics, as the company aims to balance its traditional vehicle offerings with an accelerated shift towards EVs.
Ford Motor Company (NYSE: F) reported its U.S. sales results for December 2022, highlighting key performance metrics. The company has maintained a strong position in the vehicle market, emphasizing growth through its Ford+ plan, which focuses on customer relationships and innovative vehicle solutions. Ford continues to develop its portfolio of trucks, SUVs, and luxury vehicles while also pushing forward in mobility solutions and self-driving technology. With approximately 176,000 global employees, the company is committed to delivering value and enriching customer experiences.