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Ford Prepares to Report Q3 Earnings Amid Tariff Challenges
Ford is expected to report stable revenue and a decline in adjusted EPS for Q3 2024, with potential outlook concerns due to tariffs and supply disruptions impacting production.
Challenges Test Resilience of US Automotive Industry
The US auto industry faces ongoing challenges from tariffs, supply chain disruptions, and consumer uncertainty, yet maintains resilience as key manufacturers prepare third-quarter financial reports.
Ford Bronco in China Features All-Electric Model with Camping Roof
Ford's China-exclusive Bronco offers all-electric and range-extended variants, featuring a pop-up roof tent and camping amenities, targeting the growing outdoor lifestyle market.
Detroit Automakers' Shares Rise on Potential US Tariff Relief
Detroit automakers' shares increased following reports of potential US tariff relief on domestically produced vehicles, possibly reducing costs for major car manufacturers.
Sunrun Launches First US Residential Vehicle-to-Grid Power Plant
Sunrun has initiated the first US residential vehicle-to-grid power plant using Ford F-150 Lightning trucks to supply energy during peak periods, enhancing grid capacity and customer income.
Ford and CVE Enhance EV Motor Stator Production with Electron Beam Welding
Ford and Cambridge Vacuum Engineering have demonstrated electron beam welding improves quality and repeatability in EV motor stator production, potentially accelerating industrial adoption.
Ford Q3 U.S. Sales Rise 8.2% Driven by EVs and SUVs
Ford's third-quarter U.S. sales increased by 8.2%, led by a 30.2% rise in electric vehicle sales and nearly 10% growth in SUVs, supported by federal EV incentives ending in September.
Ford Bronco Launches Pre-Orders in China with EV Variants
Ford has opened pre-orders in China for the Bronco SUV, available in battery electric and extended-range electric versions, with sales starting later this year.
Ford CEO Predicts EV Sales Halve Post Tax Credit End
Ford CEO Jim Farley anticipates a 50% drop in US electric vehicle sales following the termination of federal tax incentives, impacting market demand and requiring strategic adjustments.
Ford Provides Special Financing to Subprime F-150 Buyers
Ford offers promotional financing options to F-150 buyers with subprime credit scores to boost sales and reduce inventory, while maintaining credit risk assessments through its financial arm.
Ford Pro and Southern Company Complete EV Charging Pilot
Ford Pro and Southern Company concluded a six-month EV charging pilot, optimising fleet charging schedules to lower costs and reduce grid demand, supporting scalable commercial electrification.
Ford Launches New Global Branding Campaign Amid Industry Challenges
Ford introduces 'Ready, Set, Ford' campaign focusing on consumer engagement and brand consistency, amid automotive sector uncertainties including tariffs and economic factors.
Ford Expedition SUV Sales Surge Amid EV Market Growth
Ford's redesigned Expedition SUV sales increased by 53.7% in August, reflecting sustained demand for large gas-powered vehicles despite a broader rise in electric vehicle sales.
UK Government Adds 6 Models to Electric Car Grant Scheme
The UK Government has added six new electric vehicle models, including two from Ford, to its Electric Car Grant, increasing eligible vehicles to 28 and supporting industry growth and EV adoption.
Ford Unveils New EV Platform; First Model a Midsize Electric Truck
Ford announces a Universal EV Platform with a midsize electric truck launching in 2027, featuring innovative production methods and battery technology, supported by nearly $2bn investment in Louisville.
Ford Introduces New EV Platform and Affordable Electric Ute
Ford announces $5bn investment in a new EV platform and prismatic LFP batteries, aiming to produce affordable electric vehicles, including a midsize pickup truck, by 2027.
Ford Unveils $5bn Platform for Affordable Electric Vehicles
Ford introduces a $5bn investment in a new EV platform and production system, aiming to produce affordable electric vehicles including a midsize pickup, enhancing US manufacturing and securing jobs.
Ford Invests $5bn in EV Platform, Pickup, and LFP Battery Plant
Ford commits $5bn to develop a new EV platform, midsize electric pickup production, and LFP battery manufacturing, securing nearly 4,000 jobs and enhancing factory efficiency.
Ford to Invest $2bn in Louisville Plant for Electric Pickup
Ford announces a $2 billion investment in its Louisville assembly plant to produce a midsize electric pickup by 2027, supporting nearly 4,000 jobs alongside a Michigan battery facility.
US Automakers Assess Impact of Changing EV Policies
US automakers are analysing the financial effects of recent policy shifts under the Trump administration, including the removal of EV incentives and regulatory credits, on their electric vehicle strategies.
ChargeScape and PSEG Long Island Launch EV Grid Program
ChargeScape and PSEG Long Island partner to enrol BMW and Ford EVs in a Peak Load Reduction programme, aiming to optimise charging and support grid stability during peak demand.
Ford UK Secures £1bn Government-Backed Loan for EV Production
Ford UK has secured a £1bn Export Development Guarantee from UK Export Finance to support its electric vehicle production and research efforts amid expanding global export opportunities.
Ford Bronco Unveiled with Electric and EREV Variants in China
Ford introduced all-electric and extended-range versions of the Bronco in China, featuring BYD batteries and advanced driver-assistance systems, with local production by Jiangling Motors planned for late 2024.
Ford Considers Waymo Technology for Level 4 ADAS
Ford executives have indicated a potential partnership with Waymo to utilise its LiDAR-based Level 4 autonomous driving technology, marking a shift from Ford's previous autonomous initiatives.
US Battery Plant Tax Breaks Retained, Ford Advances Michigan Project
US tax credits for battery manufacturing remain, enabling Ford's $3bn Michigan LFP plant to proceed despite initial legislative cuts amid broader clean energy funding reductions.
Ford Q2 Sales Rise 14% Surpassing Industry Projections
Ford reported a 14.2% increase in US sales for Q2, driven by F-Series trucks and electrified vehicles, significantly exceeding industry growth forecasts of around 1.4%.
Verizon and Nokia to Deploy Private 5G Networks at Thames Freeport
Verizon and Nokia will install six private 5G networks across Thames Freeport’s logistics and manufacturing sites, supporting AI and IoT applications to drive operational efficiency and innovation.
Ford Aims to Complete Michigan LFP Battery Plant Despite Tax Credit Risk
Ford plans to complete its $3bn lithium-iron-phosphate battery plant in Michigan in 2026, despite potential loss of tax incentives due to proposed US legislation restricting Chinese technology use.
Ford Reports 16% Sales Growth in May Amid Pricing and Tariffs
Ford Motor reported a 16.3% year-over-year increase in US sales for May 2025, driven by internal combustion and hybrid vehicles amid employee pricing programmes and tariff-related price adjustments.
BYD Denies Financial Risks Amid Industry Debt Comparisons
BYD refutes claims linking it to Evergrande, citing financial data showing its debt and asset ratios compare favourably with global and domestic automakers, highlighting strong market performance.
Cost Challenges of Producing 100% US-Made Vehicles
Achieving a 100% US-made vehicle significantly increases production costs and requires extensive investment in supply chains, making full domestic sourcing currently unfeasible for automakers.
Ford to Report Q1 Earnings and 2025 Outlook Amid Tariff Concerns
Ford Motor prepares to release Q1 earnings and 2025 guidance amid uncertainty from US auto tariffs impacting industry forecasts and investor expectations.
April Vehicle Sales Rise Amid Tariff-Driven Consumer Purchases
Automakers reported notable April sales growth due to tariff-related consumer purchasing, though increased costs and constrained inventory suggest potential sales decline ahead.
Ford CEO Urges Further US Tariff Policy Reforms
Ford CEO acknowledges recent US tariff adjustments as beneficial but calls for comprehensive policies to support the domestic auto industry's growth and competitiveness.
Ford Announces Pricing for 2025 E-Transit Custom Vans in Australia
Ford Australia reveals pricing and specifications for 2025 E-Transit Custom electric and plug-in hybrid vans, available in multiple configurations with deliveries starting in Q3.
Challenges in Shifting Vehicle Production to the U.S.
Relocating automotive production to the U.S. involves extensive planning, infrastructure development, and investment. Establishing new assembly plants requires several years, making rapid shifts impractical for manufacturers.
Ford Unveils Exclusive Service for Premium F-Series Pickups
Ford introduces a bespoke ownership programme for its top-tier F-Series Platinum Plus pickups, incorporating concierge services, maintenance plans, and accessory benefits.
Trump's 25% Tariffs on Imported Vehicles Now in Effect
President Trump's auto tariffs impact imported vehicles, affecting stock volatility and future earnings of U.S. automakers, with specific implications for industry strategies.
General Motors Faces Significant Impact from New Tariffs
General Motors' stock declines sharply following tariff announcement, highlighting the company's heavy reliance on imports, particularly from Mexico, compared to other automakers.
Ford Australia Launches New Ranger Plug-In Hybrid Ute
Ford Australia reveals plug-in hybrid Ranger ute priced from $71,990, offering similar towing capacity to rivals but with reduced electric range compared to competitors.
Samsung SDI Issues Recall for 180,196 Plug-in Hybrid Batteries
Samsung SDI recalls battery packs for internal failures in vehicles supplied to Ford, FCA, and Audi, without recorded injuries or accidents.
Impact of Potential Tariffs on South Korean Auto Exports
President Trump's tariff threats may affect South Korea's auto exports, raising industry concerns, particularly for General Motors and Hyundai Motor's operations and market share.
Ford UK Advances Electric Vehicle Production through Innovation
Ford UK enhances its electric vehicle production capabilities via collaborative funding, securing government support and fostering industry partnerships for future advancements.
Ford CEO Highlights Impact of Tariffs on Automotive Sector
Ford's CEO, Jim Farley, reports that current tariffs are increasing costs and creating uncertainty within the US automotive industry.
Stellantis Advertises During Super Bowl 59 Amid Industry Shifts
Stellantis, the sole automaker advertising at Super Bowl 59, aims to reaffirm its U.S. market commitment following leadership changes and an evolving automotive landscape.
