Several Ford workers have been fired over alleged thefts of snacks at self-checkout kiosks inside the company's Michigan factories, with some later reinstated after investigations cleared them. Workers report frequent malfunctions with the kiosks, including failed transactions and frozen screens, leading to wrongful accusations. Ford and food-service provider Aramark are reviewing the kiosk systems to address these issues. The controversy began after an electrician was fired over a $1.95 cookie purchase that was later proven paid through bank records, highlighting potential flaws in the payment system.
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...
