Ford has recalled over 1.2 million vehicles in 2023, including 255,404 Ford Focus models due to unresolved repair issues and 548,000 Expedition SUVs for hazardous chrome trim. Despite its promising move into battery technology with Ford Energy, the company's core vehicle quality problems persist, undermining its brand reputation. Over the past five years, Ford's stock has declined 9%, lagging behind the S&P 500 and GM, raising concerns about its long-term prospects and management effectiveness.
Ford's stock price recently rose to a 52-week high, supported by a 4.29% dividend yield and raised full-year profit guidance after a strong Q1 performance. The company benefits from robust cash flow, recurring high-margin software revenue, and a valu...
Superformance and Safir Engineering have launched the exclusive Championship Season Series, a limited edition of 66 GT40 supercars honoring the 60th anniversary of the GT40's dominant 1966 racing season. These cars replicate the original chassis and ...
Superformance and Safir Engineering have introduced the exclusive Championship Season Series, producing only 66 authentic GT40 supercars to honor the 60th anniversary of the GT40's dominant 1966 racing season. These cars replicate original chassis nu...
Toyota is set to report a nearly 1% increase in U.S. vehicle sales for the first half of the year, reaching 1.25 million units, while General Motors (GM) is expected to see a 7.2% decline to 1.33 million. Toyota's focus on hybrid vehicles, which are ...
US stock indices including Nasdaq 100, Dow Jones 30, and S&P 500 showed early signs of recovery on Wednesday following a sharp selloff on Tuesday. The Nasdaq aims to regain the 30,000 level but may find support at 28,500 if it falls. The Dow Jones is...
