Welcome to our dedicated page for Ford Motor Company news (Ticker: F), a resource for investors and traders seeking the latest updates and insights on Ford Motor Company stock.
Ford Motor Company (NYSE: F) is a global leader in the automotive industry, headquartered in Dearborn, Michigan. With a robust workforce of approximately 177,000 employees and 67 plants worldwide, Ford operates across six continents. The company manufactures and distributes a diverse range of automotive products under its flagship brands, Ford and Lincoln. Besides its automotive ventures, Ford provides extensive financial services through the Ford Motor Credit Company.
Ford’s operations are segmented into distinct business units to streamline its focus and innovation. In March 2022, the company introduced Ford Blue and Ford Model e as separate entities under the main Ford Motor umbrella. Ford Blue is dedicated to the development of combustion engine vehicles, while Ford Model e focuses on the creation of electric vehicles (EVs) and pioneering software solutions.
As of 2023, Ford holds a substantial market presence with nearly 13% market share in the United States, about 11% in the United Kingdom, and under 2% in China, including unconsolidated affiliates. Sales in the U.S. represent around 66% of Ford's total revenue for the year.
Recent achievements include the integration of the Webex app by Cisco into the all-new Ford and Lincoln Digital Experience, revolutionizing business mobility with seamless connectivity and immersive meeting experiences. This collaboration enables users to work from anywhere with advanced features such as AI background noise removal, further integrated into the vehicle’s native infotainment system.
In another notable development, Ford acquired the naming rights for the ultra-luxury Ford Amphitheater in Colorado Springs. This venue, slated for a grand opening in August 2024, reflects Ford's commitment to enhancing brand visibility through premium venue signage and exclusive event partnerships.
Ford’s strategic Ford+ plan for growth emphasizes maximizing existing strengths, integrating new capabilities, and maintaining continuous customer engagement. The company’s product lineup includes iconic Ford trucks, SUVs, commercial vans, and Lincoln luxury vehicles, along with cutting-edge connected services. Ford Blue leads in engineering traditional gas-powered vehicles, Ford Model e spearheads breakthrough EVs, and Ford Pro focuses on expanding the reach of commercial vehicles and services.
For more detailed information on Ford Motor Company's broad spectrum of products and services, please visit their official website at corporate.ford.com.
Ford (NYSE:F) and ADT Inc. (NYSE:ADT) have launched Canopy, an AI-powered vehicle security system targeting both personal and commercial markets. The system integrates ADT’s monitoring services with Ford’s camera technology. Canopy's first products are set to launch early next year, focusing on security for high-volume commercial trucks and vans in the U.S. and U.K. Canopy aims to reduce theft losses—estimated at $7.4 billion in 2020—by offering customizable alerts and a mobile app for users to monitor their vehicles remotely.
Ford Motor Company (NYSE:F) will announce its fourth-quarter and full-year 2021 financial results on February 3 at 4:05 p.m. ET. A conference call will follow at 5:00 p.m. ET, featuring CEO Jim Farley and CFO John Lawler. Investors can participate by registering through provided links. The earnings presentation and additional materials will be accessible on www.shareholder.ford.com. A replay of the call will be available from 8 p.m. ET on February 3 to February 9.
The board of directors of Ford Motor Company has declared a first-quarter dividend of 10 cents per share for its common and Class B stock. This dividend is set to be paid on March 1 to shareholders on record as of the close of business on January 31. This initiative highlights Ford's commitment to returning value to its shareholders amidst its growth strategies and plans for electrification and connected vehicle services.
Nextech AR Solutions Corp (OTCQB: NEXCF, NEO: NTAR) announces multiple CAD to POLY deals across various industries, including partnerships with Ford (NYSE: F), Brunswick Corporation (NYSE: BC), and Jacuzzi Brands. This collaboration validates their ARitize CAD technology, allowing efficient conversion of large CAD files into lightweight 3D models. With the global CAD market projected to reach $11 billion by 2023, Nextech aims to capitalize on the demand for 3D models, enhancing engagement in the metaverse and potentially driving higher sales.
Ford Motor Company (NYSE: F) reported its U.S. sales results for December 2021. The report highlights key metrics and growth strategies under its Ford+ plan aimed at enhancing customer loyalty and expanding its electrified vehicle offerings. Ford's commitment to innovation includes advancements in electrification, mobility solutions, and self-driving technologies. The company employs around 184,000 people globally, reinforcing its significant market presence and operational scale.
Ford plans to nearly double the production of its all-electric F-150 Lightning to 150,000 vehicles annually at the Rouge Electric Vehicle Center in Dearborn, Michigan, due to high customer demand. The company has received nearly 200,000 reservations and will start the order conversion process this Thursday. Ford aims to expand its electric vehicle production capacity significantly, targeting 600,000 electric vehicles annually by 2024. Additionally, Ford is increasing Mustang Mach-E production and launching the all-electric E-Transit van this year.
Ford Pro has launched Ford Pro Charging, a comprehensive solution aimed at supporting commercial customers with electric vehicle charging needs. This service includes management software and hardware to streamline the transition from internal combustion engines to electric fleets, addressing maintenance, emissions, and total cost of ownership. With expectations of over 300,000 full-size electric trucks and vans annual sales by 2030, Ford is positioned to support 125,000 fleet customers in the U.S., optimizing energy costs and improving uptime.
Ford’s President and CEO, Jim Farley, will appear on the CNBC Investing Club series with Jim Cramer on Thursday at 12:40 p.m. ET. During the event, Farley will discuss advancements in Ford's growth strategy, the Ford+ plan, aimed at enhancing customer loyalty and operational efficiency. The Ford+ initiative integrates existing strengths with new capabilities to create value. View additional details and webcast information at CNBC.com/investingclub.
Ford has launched VIIZR, a SaaS tool developed with Salesforce to assist small businesses like plumbers and electricians in managing field services. This platform simplifies scheduling, invoicing, and customer relationship management via a cloud-based solution. The U.S. field service management market is expected to double, reaching $6 billion in six years, indicating high demand. VIIZR aims to enhance productivity, reduce back-office work by over 40%, and is priced from $39 per user monthly, helping trades increase efficiency and customer service.
Ford's executive director, Stuart Taylor, will participate in a virtual fireside chat at the Deutsche Bank AutoTech Conference on Thursday at 1:20 p.m. ET. The discussion will focus on how the Ford+ plan is generating value and growth in connected services, benefiting customers. Ford aims to leverage its strengths and enhance customer loyalty through this initiative. The company is committed to creating connected and electrified vehicles while pursuing leadership in mobility solutions.
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