Ford Mtr Co Del Stock Price, News & Analysis

Duke Energy has partnered with Ford to launch a demand response pilot program in North Carolina, leveraging the Ford F-150 Lightning's batteries to enhance the electric grid's reliability. Scheduled for 2023, the program will incentivize up to 100 participants by reducing lease payments for eligible EVs. Customers will allow their vehicles to return energy to the grid during peak times, thereby supporting energy balance. This initiative aims to promote a sustainable grid and is part of Duke Energy's broader goal of achieving net-zero emissions by 2050.

The CEOs of GlobalFoundries (GFS), Applied Materials (AMAT), and Ford (F) will co-host a summit with government officials to foster partnerships following the CHIPS and Science Act's passage. This act aims to enhance U.S. semiconductor manufacturing, addressing supply chain challenges and supporting economic and national security. Key leaders like Brian Deese and Dr. William LaPlante will engage in discussions on optimizing semiconductor production and promoting transportation electrification. The summit, held on August 8, 2022, underscores a commitment to domestic manufacturing and innovation.

Ford Motor Company (NYSE: F) reported its July 2022 U.S. sales results today. The company continues to demonstrate its commitment to building a better world through innovative mobility solutions and customer relationships as part of its Ford+ growth plan. Additional details, including comprehensive sales figures, can be accessed through Ford's media portal.

Ford has successfully delivered its electric F-150 Lightning trucks to customers across all 50 U.S. states in just two months. Leading states include Texas and California, with over 4,400 units sold in the U.S. and Canada year-to-date. Customers praise the truck's performance, including towing capabilities and features like the Mega Power Frunk. A survey indicates that nearly 80% of early buyers view the F-150 Lightning as their first full electric vehicle. Ford is set to report July sales totals on August 3.

The 2023 Ford F-150 Lightning Pro Special Service Vehicle is the first electric pickup designed for police use, merging efficiency with law enforcement capabilities. It features police-grade interiors and advanced electric powertrain benefits, aimed at reducing operational costs. Ford Pro facilitates the transition to electric vehicles for police departments, with access to charging solutions and flexible financing. The vehicle offers impressive performance metrics, including fast acceleration and significant towing capacity, enhancing the productivity and sustainability of police fleets.

Ford Motor Company (NYSE:F) reported its second quarter financial results for 2022. Details on revenue, profit margins, and specific metrics were not disclosed in the release. The earnings call scheduled for 5:00 p.m. ET will feature CEO Jim Farley and CFO John Lawler, among other executives. Ford's ongoing commitment to innovation and mobility solutions, including self-driving technology and financial services through Ford Motor Credit, were highlighted as part of its Ford+ growth strategy, aimed at enriching customer experiences.

Ford Pro CEO Ted Cannis will discuss the company's growth and value creation at the J.P. Morgan Automotive Conference on August 10 at 9:30 a.m. ET. The presentation will highlight Ford Pro's leadership in the electric commercial van sector, capturing 95% of the U.S. market. Cannis will also address the rising demand for Ford Pro's connected vehicles and software services, which have shown consistent global subscription growth. This event aims to enhance investor understanding of Ford Pro's strategy and its impact on the commercial vehicle market.

Ford Credit CFO Brian Schaaf will speak at a fireside chat led by credit analyst Avi Steiner during the J.P. Morgan Automotive Conference on August 9 at 8:50 a.m. ET. The discussion will cover Ford Credit’s financial results, funding, liquidity, and portfolio performance. Interested parties can view the event online.

On July 26, 2022, BetterInvesting Magazine announced Church & Dwight Co. Inc. (NYSE: CHD) as its "Stock to Study" and Ford Motor Co. (NYSE: F) as the "Undervalued Stock" for October 2022. Ken Zendel, CEO of NAIC, emphasized that investor education is crucial during market turbulence. The committee urges investors to conduct their own research and use BetterInvesting's tools to assess stocks. BetterInvesting, a nonprofit organization, has been aiding investors since 1951, offering resources to enhance financial literacy.