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.
Southern California Edison (SCE) and Ford Motor Company have partnered to offer electric vehicle (EV) owners compensation for supporting the grid during peak energy demand periods. Ford becomes the first major U.S. automaker to participate in SCE's Emergency Load Reduction Program (ELRP), enhancing grid resilience and advancing vehicle grid integration (VGI).
Through Ford's California Power Response program, EV drivers can earn $1 per kWh of energy reduced during peak grid events. This initiative demonstrates the growing importance of collaboration between automakers and utility companies to support grid resiliency as more EVs enter the market. The program utilizes Ford's managed charging solution and is expected to provide valuable load reduction during peak demand periods.
Ford Pro CFO Navin Kumar will discuss growth opportunities in the commercial vehicle market at the Goldman Sachs Communacopia + Technology Conference on Sept. 10. Kumar will highlight Ford Pro's unique position in software and physical services during a fireside chat with auto analyst Mark Delaney.
The discussion will focus on how Ford Pro's combination of propulsion choices and tailored services brings value to commercial customers. Kumar will also explain how Ford Pro drives growth, margins, and capital efficiency while reducing cyclicality as part of the Ford+ plan.
The event will be webcast and transcribed, available at shareholder.ford.com. This presentation aligns with Ford's overall strategy to enhance customer experiences and deepen loyalty through its Ford+, Ford Blue, Ford Model e, and Ford Pro business segments.
Ford Pro CFO Navin Kumar is set to participate in Morgan Stanley's 12th Annual Laguna Conference on Sept. 12 in Dana Point, CA. During a fireside chat at 10:30 a.m. PT, Kumar will discuss Ford Pro's commercial business strategy and its role in the Ford+ plan for growth. He will highlight how Ford Pro leverages a mix of gas, hybrid, and electric vehicles, along with software and services, to deliver value to commercial customers.
Kumar will also address how Ford Pro is driving profitable growth, margins, and capital efficiency while reducing cyclicality. The presentation aligns with Ford's broader strategy of transforming its business model and enhancing customer relationships. Investors and interested parties can access the webcast and transcript on the Ford shareholder website.
Ford Motor Company is adjusting its electrification strategy to deliver a more profitable and capital-efficient electric vehicle business. The company plans to:
- Introduce a new electric commercial van in 2026 and two new electric pickup trucks in 2027
- Develop a new affordable electric vehicle platform for multiple vehicle styles
- Offer hybrid technologies for three-row SUVs
- Realign battery sourcing to reduce costs and qualify for tax credits
Ford aims to provide more electrification options to speed customer adoption, including lower prices and longer ranges. The company will reduce its annual capital expenditures on pure electric vehicles from 40% to 30% and focus on areas where it has competitive advantages.
TXU Energy and Ford have partnered to offer Ford electric vehicle (EV) customers in Texas significant cost-savings through the TXU Energy Free EV Miles program. This program provides credits on TXU Energy bills for electricity used during specified off-peak hours, potentially covering the entire cost of at-home charging. The initiative aims to support grid reliability by encouraging energy consumption during off-peak hours and educating Texans on the benefits of EVs.
Key features include:
- Free charging hours between 7 p.m. and 1 p.m. the next day, all year long
- Flexibility with up to 18 hours a day for free charging
- $100 welcome bonus from Ford and $250 bonus from TXU Energy for staying enrolled for a year
- Applicable to Ford F-150 Lightning, Mustang Mach-E, and Escape PHEV customers
Ford Pro has launched the 2025 Ford Police Interceptor Utility, part of America's best-selling police vehicle lineup. The upgraded model, now shipping to law enforcement agencies, features a standard hybrid powertrain that can potentially save agencies on fuel costs due to reduced idle times. Key updates include:
- Vehicle Integration System 2.0 and Police Perimeter Alert for improved productivity and officer safety
- Upgraded center screens and streamlined upfitting
- Ford Pro Solutions integrating telematics for simplified fleet management
- Three powertrain options: 3.3L V6 hybrid (318 hp), 3.3L V6 gas (285 hp), and 3.0L V6 EcoBoost (400 hp)
- New 12.3-inch LCD digital instrument cluster
- Advanced driver-assist technologies
The hybrid system can potentially save up to 838 gallons of fuel per year, translating to projected cost reductions of approximately $17,500 over a 6-year ownership term with gas at $3.50 per gallon.
Ford Motor Company (NYSE:F) reported its Q2 2024 financial results, showing strong performance and strategic advancements. Key highlights include:
- Profitability targets for 2024 remain on track, with improved cash flow projections.
- Ford Pro demonstrated robust growth, contributing significantly to overall performance.
- Gains in vehicle quality and an uptick in hybrid vehicle sales were noted.
Access the full release here and view the webcast on shareholder.ford.com.
Ford Motor Company has announced plans to expand F-Series Super Duty production to its Oakville Assembly Complex in Ontario, Canada, starting in 2026. This move will boost production capacity by 100,000 units annually, addressing high demand for one of Ford's most popular and profitable vehicles. The expansion includes:
- A $3 billion investment, with $2.3 billion for assembly and stamping operations at Oakville
- Initially securing 1,800 jobs at Oakville Assembly Complex
- Adding 150 jobs at Windsor Engine Complex
- Creating 70 new jobs and additional overtime at U.S. component plants
This expansion supports Ford's strategy for profitable growth, maximizing its manufacturing footprint, and expanding its Ford Pro commercial business. The company also plans to introduce multi-energy technology to future Super Duty trucks and develop three-row electric utility vehicles.
Ford Pro, Ford Motor Company's commercial division, has launched the Ford Pro Smart Charging Bundle in California. This initiative offers complimentary Ford Pro Level 2 EV chargers to businesses subscribed to Ford Pro Charging software. The bundle includes advanced energy management features to automate demand response to grid events, reporting, and manage Low Carbon Fuel Standard carbon credits.
The program aims to simplify the adoption of electric vehicles for businesses, improve operations, and reduce EV charging costs. Ford Pro's Charging Software includes an automated demand-to-grid response solution that reacts to grid events in California by pausing and resuming charging as needed. This helps reduce grid burden and the risk of power outages.
Ford Pro will manage enrollment in California grid demand response programs and the Low Carbon Fuel Standard carbon credits program for customers. The initiative supports Ford's position as a leading commercial vehicle brand, offering integrated solutions for commercial and government customers.
Adriana Cisneros, CEO of Cisneros Group, has been elected to the Ford Motor Company board of directors, expanding the board to 15 members. Cisneros, who became CEO of Cisneros Group in 2013, has transformed the company into a global leader in digital advertising, media, entertainment, and real estate.
As a board member, she will serve on Ford's Nominating and Governance, and Sustainability, Innovation and Policy committees. Bill Ford, Executive Chair, praised her innovative leadership and strategic thinking, which he believes will benefit Ford as it navigates a new era in the automotive industry.
Cisneros also holds board positions at Mattel, AST Spacemobile, and the Paley Center for Media. She is a trustee of the Knight Foundation and involved with the Museum of Modern Art in New York City. She holds degrees from Columbia University and New York University, and has completed leadership programs at Harvard Business School.
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