The National Highway Traffic Safety Administration (NHTSA) has upgraded its defect investigation into 135,551 Ford vehicles from 2014 to 2021 due to safety risks linked to timing belt failures. These failures can cause engine oil pressure loss, leading to power loss or engine seizure, often without warning. The affected models—Fiesta, Focus, and EcoSport—have been discontinued. Ford has responded by shortening maintenance intervals and offering reimbursements for related repairs, but a recall may be required if further analysis confirms the risk.
Automaker stocks, including Stellantis, General Motors, and Ford, reversed Thursday's gains in Friday trading as a rotation trade into cyclicals unwound without new company news. Stellantis and GM led the decline, both down 4%, while Ford fell 2%, al...
Ford's dividend yield appears very attractive, ranging from 4.44% to 5.61%, but the regular quarterly dividend of $0.15 per share is well covered by the company's adjusted free cash flow and earnings from its finance arm, Ford Credit. The company exp...
General Motors CEO Mary Barra highlighted a societal issue in the US undervaluing skilled trades, urging high school students to consider careers like auto technician and electrician. She emphasized these jobs are potentially more resistant to AI dis...
Automaker stocks including General Motors, Stellantis, Ford, and Tesla surged together on a rotation into cyclical stocks, with GM leading a 4% gain. This move is not driven by company-specific news but by broader fund flows favoring cyclicals, espec...
For the 2027 model year, Detroit automakers General Motors, Ford, and Ram are intensifying competition in full-size pickup trucks by focusing on new and improved V-8 engines. GM unveiled two new V-8 engines and a diesel option for its Chevrolet Silve...
