Ford Motor Company - F STOCK NEWS

Ford Motor Company (NYSE: F) announced its U.S. sales results for February 2022, reflecting ongoing market dynamics and consumer demand. The company's commitment to electrification and mobility solutions continues to shape its growth strategy. Ford aims to enhance customer experiences through its Ford+ plan, combining existing strengths with new capabilities. The company remains focused on solidifying its position in the automotive market while addressing evolving consumer preferences.

Ford is restructuring its business to enhance competitiveness in the electric vehicle (EV) market by forming Ford Blue and Ford Model e as distinct entities. This strategy aims to accelerate innovation and cost efficiency, targeting an adjusted EBIT margin of 10% and over 2 million EVs produced annually by 2026. Ford expects EVs to constitute half of its global volume by 2030. The Ford+ plan reaffirms its commitment to carbon neutrality by 2050, with a significant increase in investment towards electrification.

Ford will hold a news conference on Wednesday, March 2, at 8 a.m. EST to discuss significant advancements in the company's Ford+ plan for growth and value creation. The event will feature Ford President and CEO Jim Farley and other senior leaders, and will be livestreamed for journalists and investors to participate.

Following this, at 9:15 a.m. EST, Ford's CFO John Lawler will lead a capital markets call to address questions from the investment community. Both events aim to enhance transparency and investor engagement.

Ford Motor Company CEO Jim Farley will discuss the company's Ford+ growth strategy at the Wolfe Global Auto Conference on February 23 at 2:00 p.m. ET. He will focus on transitioning to battery-electric vehicles and software services. On February 24 at 9:45 a.m. ET, Bob Holycross and Dave Webb will present Ford's ESG initiatives at the RBC ESG Conference, highlighting sustainable financing actions, including the launch of a Green Bond. Live webcasts of both events will be available online.

Ampco-Pittsburgh Corporation has appointed three independent directors to its Board, enhancing its governance structure following a Cooperation Agreement with Ancora Holdings Group, which holds approximately 5.6% of its shares. The new directors, Frederick D. DiSanto and Darrell L. McNair, will join immediately, while Laurence E. Paul is expected to be nominated for election at the 2022 Annual Meeting. The appointments aim to diversify perspectives and support the Corporation's strategic plan, reflecting a commitment to shareholder interests.

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.