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Key auto parts maker closes factory, lays off 325 workers
TheStreet25d agoneutral
Key auto parts maker closes factory, lays off 325 workers

The companies behind some of the biggest car brands do not make every component of their vehicles. Instead, automakers rely on a vast network of suppliers to manufacture everything from seats and tires to semiconductors, windshields, door glass, and rear windows. However, while people know names ...

Auto Supplier Earnings Show State of the Car Market
Barrons.com29d agoneutral
Auto Supplier Earnings Show State of the Car Market

FEATURE The car market is decidedly mid right now. It isn’t great, but it’s stable; U.S. investors seem OK with that. On Friday, airbag and safety-component supplier Autoliv reported weaker-than-expected second-quarter earnings.

Abbott Laboratories Q2 Earnings Call Highlights
MarketBeat30d agoneutral
Abbott Laboratories Q2 Earnings Call Highlights

Abbott Laboratories (NYSE:ABT) reported second-quarter 2026 comparable sales growth of 4.8% and adjusted earnings per share of $1.31, with Chairman and Chief Executive Officer Robert Ford saying results marked an acceleration from the prior two quarters. The company reaffirmed its full-year compara

Ford's SUV profits are fueling its future
TheStreet31d agoneutral
Ford's SUV profits are fueling its future

Ford’s large SUV lineup — the Bronco, Explorer, and Expedition — achieved its best first-half sales in 25 years, demonstrating strong demand for the automaker’s high-margin vehicles. These three models generate higher margins than small cars due to premium pricing, high-end trim levels, and ...

Ford Executive Chairman on Chinese Cars: U.S. ‘Can’t Expect to Keep Them Out Forever’
The Wall Street Journal32d agoneutral
Ford Executive Chairman on Chinese Cars: U.S. ‘Can’t Expect to Keep Them Out Forever’

The U.S. auto industry has to be prepared to take on China’s fiercely competitive carmakers and expect that one day they will break into America, Ford Motor’s executive chairman said Tuesday. “We have to go toe-to-toe with China,” said Bill Ford, the automaker’s executive chair, at an Axios event in Washington, D.C., on Tuesday.

Bloomberg37d agoneutral
Wall Street Finds a New Way to Help Investors Avoid Elon Musk

(Bloomberg) -- For every investor who wants more Elon Musk, Wall Street increasingly has an ETF. Now it’s planning some for investors who want less.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Second Straight DayGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaUpstart is

Micron, Ford sign semiconductor supply agreement for vehicles
Reuters40d agoneutral
Micron, Ford sign semiconductor supply agreement for vehicles

Micron Technology and Ford Motor on Monday signed a long-term agreement to ‌secure the supply for memory and storage ‌platforms used in the automaker's next-generation vehicle production. This comes days after ​Micron's similar agreement with General Motors, as part of the chipmaker's ongoing investments to expand manufacturing in the United States for automotive customers, including its expansion ‌of advanced DRAM production ⁠in Virginia. DRAM, or dynamic random-access memory, is a critical component for servers ⁠that power cloud computing, databases and AI workloads.

Investing.com40d agoneutral
Micron and Ford announce long-term memory supply agreement

Investing.com -- Micron Technology Inc and Ford Motor Company announced Monday a long-term strategic customer agreement to strengthen the supply of memory and storage solutions for Ford’s next-generation vehicle production.

BofA sees Ford chasing a market far bigger than EVs
TheStreet43d agoneutral
BofA sees Ford chasing a market far bigger than EVs

For years electric vehicles were the auto industry's most significant growth story. That story has become more complicated. Demand has been patchy. Losses have stung. Car producers have been compelled to re-evaluate how swiftly they should invest in battery factories, electric lorries and ...

Bloomberg46d agoneutral
Trump Tariff Defeat Is Market Tailwind ‘No One Is Talking About’

(Bloomberg) -- The sweeping tariffs underpinning President Donald Trump’s economic policy may have gone from a headwind to a tailwind for the stock market, with the Supreme Court’s decision to unwind them setting the stage for a potential earnings boon for some companies.Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanWhatsApp Opens Username Reservations to 3 Billion UsersTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS Stocks Get Tech Boos

Why Jim Cramer says Ford's real story isn't trucks or EVs
TheStreet56d agoneutral
Why Jim Cramer says Ford's real story isn't trucks or EVs

Ford Motor Company (F) has spent years attempting to convince Wall Street that it merits a valuation higher than that of a traditional auto stock. That was difficult. Even after a strong first quarter, Ford is still judged by the same familiar pressures: price, consumer credit, labor, commodity ...

Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition
Reuters58d agoneutral
Motor racing-F1 sponsorship could give BYD lower-risk route to global recognition

By Streisand Neto LONDON, June 18 (Reuters) - Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home market of China, where it already has a strong foothold. However, becoming F1’s first Chinese outfit ‌would be expensive and linking up with an existing team poses challenges, so a sponsorship-based approach might provide an easier pathway into the sport.

Investing.com59d agoneutral
Trump supports Canada’s Chinese EV import cap arrangement, Carney says

Investing.com -- President Donald Trump expressed approval of Canada's agreement with China that limits Chinese electric vehicle imports through a quota system with reduced tariffs, Canadian Prime Minister Mark Carney said Wednesday at the Group of Seven leaders summit in Evian, France.

GM reveals new Silverado pickup as Ford F-150 sales falter
Yahoo Finance60d agoneutral
GM reveals new Silverado pickup as Ford F-150 sales falter

GM revealed its next-generation 2027 Chevrolet Silverado pickup, calling it the most powerful and advanced Silverado ever — and rolling it out just as crosstown rival Ford struggles to keep its bestselling F-150 on dealer lots.

Ford analyst identifies big benefits from its latest pivot
TheStreet60d agoneutral
Ford analyst identifies big benefits from its latest pivot

For the past three and a half years, Ford Motor has traded in a very narrow range, never going much above $15 per share and never too far below $10 per share. But the debut of Ford Energy last month changed all of that, sending the stock soaring 47% in May, peaking at $17.44 to close out the month. ...

Higher Costs for Plastics Used Everywhere Are Becoming Next Inflation Headache
Bloomberg64d agoneutral
Higher Costs for Plastics Used Everywhere Are Becoming Next Inflation Headache

(Bloomberg) -- US plastic suppliers say they are running out of room to absorb high costs of raw materials, raising the prospect of price increases for consumer goods ranging from groceries to cars later this year.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesTrump Vows New Attacks on Iran, Threatens Key Energy TargetsUAE and Iran Meet Face-to-Fa

SpaceX IPO could turn Elon Musk into world's first trillionaire
Yahoo Finance Video71d agoneutralVIDEO
SpaceX IPO could turn Elon Musk into world's first trillionaire

Tesla (TSLA) CEO Elon Musk is just one week away from his next big venture: the IPO of his space company SpaceX (SPAX.PVT). This event will be enough to push Musk's net worth over the edge and make him the world's first trillionaire. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down Musk's net worth and some of the risks that Wall Street is floating around the IPO. SpaceX is slated to begin trading publicly on the Nasdaq next Friday, June 12, aiming for an IPO price of $135 per share.

Ford (F): Buy, Sell, or Hold Post Q1 Earnings?
StockStory72d agoneutral
Ford (F): Buy, Sell, or Hold Post Q1 Earnings?

Ford has had an impressive run over the past six months as its shares have beaten the S&P 500 by 8.6%. The stock now trades at $15.72, marking a 19.6% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.