Jefferies upgraded Ford Motor Company to 'Buy' with a $17.50 price target, suggesting a 22% gain from its current price of $14.35. Ford's attractive 4.24% dividend yield outperforms the S&P 500 average and rivals like General Motors. The company’s strong traditional and commercial vehicle sales, plus a $311 million share buyback, help offset losses in its EV division. Despite challenges like declining U.S. sales and a 40.7% drop in EV sales, cost controls and narrowing EV losses are expected to support profitability.
Ford is growing its accessory and parts business to increase profits and capture more of the $53 billion U.S. automotive aftermarket. The company plans more exclusive product launches, similar to "Nike shoe drops," starting with a limited-edition For...
This week, U.S. markets focus on the Federal Reserve's July meeting, key inflation data like Core PCE, and second-quarter GDP figures, alongside major tech earnings from Microsoft, Meta, Apple, and Amazon. Rising oil prices and geopolitical tensions ...
Ford has recalled over 500,000 Bronco SUVs made between 2021 and 2026 due to a wiring defect that could cause engine fires. The recall includes some Bronco Raptors and follows reports of at least 15 fire incidents linked to the wiring harness, though...
Ford announced it will integrate Apple Maps directly into its upcoming Universal Electric Vehicle Platform starting in 2027. This integration, enabled by Apple's MapKit for Automotive SDK, will offer drivers turn-by-turn navigation, real-time traffic...
Ford announced a partnership with Apple to include Apple Maps in its new Universal Electric Vehicle (UEV) platform launching in 2027. The integration will provide drivers with turn-by-turn navigation, real-time traffic updates, and detailed search fu...
