Ford

Ford Motor Company is an American multinational automaker that has its main headquarter in Dearborn, Michigan, a suburb of Detroit. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom and a 32% stake in Jiangling Motors.
  • Sumitomo Life Insurance Co. Has $1.11 Million Position in Ford Motor (F)
    The Cerbat Gem

    Sumitomo Life Insurance Co. Has $1.11 Million Position in Ford Motor (F)

    Sumitomo Life Insurance Co. lessened its position in Ford Motor (NYSE:F) by 9.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 126,650 shares of the auto manufacturer's stock after selling 13,949 shares during the period. Sumitomo Life Insurance Co.'s holdings in Ford Motor were worth $1,112,000 at the end of the most recent reporting period. Several other hedge funds have also recently added to or reduced their stakes in the stock. Nwam LLC increased its stake in Ford Motor by 3.3% during the 1st quarter. Nwam LLC now owns 43,350 shares of the auto manufacturer's stock valued at $381,000 after buying

  • Rare True Hillbank Built 2015 Mustang Has Only 58K Miles
    motorious

    Rare True Hillbank Built 2015 Mustang Has Only 58K Miles

    Hillbank Motorsports, an aftermarket and performance shop in Irvine California, offers performance and style parts for Mustangs, Camaros, and trucks – alongside an extensive inventory of rare and custom built performance cars. Backed by a T56 Magnum XL six-speed manual transmission, the engine features Manley rods and pistons, L&M intake cams, a 7 axis valve job, and is balanced for high RPMs.

  • Ford unveils all new Ranger
    Vanguard News

    Ford unveils all new Ranger

    FORD has gone further in the ultra-competitive light commercial vehicle, LCV, segment with the launch of the New Ranger for 2019. The new Ranger was launched in Pretoria, South Africa, recently. Featuring an extensive range of mechanical, technological, feature and comfort upgrades, the new line-up will make the Ranger an even more compelling choice amongst workhorse and leisure-oriented pick-up customers. According to Doreen Mashinini, General Manager Marketing at Ford Motor Company Sub-Saharan Africa, SSA, Region, “the current Ranger has been a fantastic success story for Ford in Sub-Saharan Africa, and is the leading LCV export to markets in Europe, the Middle East and the rest of Africa.

  • From the Archives: New Ford assembly plant in Long Beach
    Los Angeles Times

    From the Archives: New Ford assembly plant in Long Beach

    On April 21, 1930, Ford Motor Co. opened its new Southern California assembly plant in Long Beach. The plant replaced an earlier one at East 7thStreet and Santa Fe Avenue in Los Angeles. The next morning, the Los Angeles Times reported, “Henry Ford's idea of the last word in an automotive factory went into operation at Long Beach yesterday when Lieut. Gov. (Herschel) Carnahan, in the presence of some 600 luncheon guests of the Ford company at the Pacific Coast Club, pressed an electric button that started the assembly line of the plant in motion.” “And it may be regarded in some quarters as another one of those Ford stories, but it is a fact that hardly had the button been pressed than the sound

  • Reuters

    Mahindra signs deal with Ford Motor to make midsize SUVs in India

    (Reuters) - Automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor Co's Indian unit to jointly develop midsize sports utility vehicles in India, the company said on Thursday. Ford and affiliate companies will invest 6.80 billion rupees ($97.97 million) for the development of the vehicles over a period of 10 years, Mahindra said in a statement. Reporting by Krishna V Kurup in Bengaluru; Editing by Gopakumar Warrier

  • Can Trucks & Latest Launches Aid Ford (F) in Q1 Earnings?
    Zacks

    Can Trucks & Latest Launches Aid Ford (F) in Q1 Earnings?

    Increased sale of trucks and SUVs is likely to drive Ford's (F) revenues in first-quarter 2019. However, escalating costs are concerning.

  • Mahindra, Ford to co-develop mid-sized SUV for India, emerging markets
    The Economic Times

    Mahindra, Ford to co-develop mid-sized SUV for India, emerging markets

    Mahindra & Mahindra (M&M) and Ford Motor Company Thursday said they have signed a definitive agreement to co-develop a mid-sized SUV for India and other emerging markets. The new agreement reinforces the steady progress made since the announcement of a strategic alliance between the two companies in September 2017, followed by an announcement on powertrain sharing and connected car solutions in October 2018. The new mid-sized sports utility vehicle (C-SUV) will have a common Mahindra product platform and powertrain, thus driving engineering and commercial efficiencies. "Having identified several areas for joint development, both companies will continue to work together to develop products using

  • Why Tesla Shares Are Headed to New Lows
    InvestorPlace

    Why Tesla Shares Are Headed to New Lows

    The glory days for Tesla (NASDAQ:TSLA) may be approaching an end. For the last few years, the company enjoyed strong sales with barely any advertising. The stock market and Tesla customers and adherents admired CEO Elon Musk for the advancements he brought to the electric vehicle market. That translated to a lot of positive sentiment for TSLA stock.Source: Shutterstock But the positive momentum is shifting. The end of subsidies to Tesla buyers, slow sales in China and supply constraints are hurting 2019 sales. Plus, shares of fossil-fuel based automobile makers are rebounding. Investors may have rotated out of their Tesla holdings and into General Motors Company (NYSE:GM) or Ford Motor Company (NYSE:F), both of which are up over 15% year to date.All of these negative developments may send TSLA stock to new lows in the coming weeks.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Negative Developments for TSLA StockThe EV subsidy in the U.S. is the risk of getting abolished immediately if U.S. President Donald Trump has his way. Congress is trying to change that by drafting a law that would extend the tax rebates. Currently, Tesla and GM both exceeded the current limit of 200,000 subsidized EV. Congress wants the limit increased to 400,000, giving buyers a tax credit worth $7,000.So far, markets are not betting the government will pass a subsidy extension. Shares of Tesla have already fallen 18% in 2019. And with 23% of the share float short, many investors seem to believe its underperformance could accelerate. * 10 S&P 500 Stocks to Weather the Earnings Storm Tesla announced a Model Y on March 14, an event that would have sent the stock higher in past years. This time, markets did not care much for this crossover model -- the stock price certainly didn't celebrate. This is despite the fact that the crossover and SUV segment is the hottest sector in the automotive space.Instead, market participants seem to dwell on how the company failed to live up to the Model 3 promises. The Model 3 was supposed to come out on time, sell for $30,000 on average and get produced in sufficient numbers to meet demand. Instead, the car has been plagued with output and deliveries struggles.Logistically, if Tesla has Model 3 production issues, where will Model Y production take place? Competition, Debt Could Hamper Tesla StockWith premium brands like BMW, Mercedes-Benz and Audi vying for market share in the CUV space, the Model Y will compete with Audi e-Tron, BMW iNEXT, and Mercedes-Benz EQ. Jaguar's I-PACE has at least three configurations for consumers to choose from.This may help explain TSLA stock's slowing unit sales, and slowing unit sales hurt cash flow, which Tesla needs to service its debt. Its debt/equity ratio currently stands at 2.4x. This is still better than GM's, at 2.7 times, or Ford, at 4.3 times. But the difference between it and GM or Ford is that the latter has plenty of revenue and strong cash flows. TSLA stock trades at 24 times FCF, compared to 8.6x for Ford and 13x for GM stock.Despite the elevated debt levels, liquidity is a remote concern at this time because Tesla may sell shares or debt on the open market. Historically, demand for either is strong, so investors need not worry about its liquidity at this time. Besides, even though sequential unit sales slowed, year-over-year sales are still up 110% (63,000 deliveries, compared to 29,000 the year before). Valuation and TakeawayTesla is trading not far from the analyst consensus estimate of $297 a share, or 11.6% below the price target. Bullish investors could use a 10-year DCF revenue exit model (finbox.io) to number crunch a fair value. This model values the company to the future cash flow, discounted back to present value. By assuming a growth rate of 25% annually in that time period, the stock's fair value is around $410.Tesla is approaching its 52-week low and could fall further after its May 1 earnings report. Short-sellers could get squeezed if sales in the quarter are better than thought, however. Therefore, it's smartest to wait until after the report before establishing a bet against this stock.As of this writing, Chris Lau owned shares of Ford Motor Company. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post Why Tesla Shares Are Headed to New Lows appeared first on InvestorPlace.

  • Kamala Harris pens Blasey Ford 'Time 100' profile: Her story 'shook Washington'
    The Hill

    Kamala Harris pens Blasey Ford 'Time 100' profile: Her story 'shook Washington'

    Sen. Kamala HarrisKamala Devi HarrisThe Memo: Sanders becomes Dem front-runner Several 2020 Dems say they're ready to face Fox News town hall Dems see lane to Buttigieg victory MORE (D-Calif.) penned the profile for Christine Blasey Ford in Time's annual "100 Most Influential People" list, writing that Blasey Ford "shook Washington and the country." Harris also wrote that Ford, who last year accused Supreme Court Justice Brett Kavanaugh of sexual assault and testified publicly in front of the Senate Judiciary Committee, "risked everything to send a warning in a moment of grave consequence." "Her story, spoken while holding back tears, shook Washington and the country. Her courage, in the face

  • Auto Stock Roundup: F to Recall to Fix Glitches, VWAGY to Build Electric SUVs for China
    Zacks

    Auto Stock Roundup: F to Recall to Fix Glitches, VWAGY to Build Electric SUVs for China

    Volkswagen (VWAGY) discloses the plan to build fully-electric sports utility vehicles for the China market. This move is likely to help it compete with Tesla's (TSLA) Model X.

  • Reuters

    Declining U.S. market ratchets up competition for SUV sales

    Falling U.S. new vehicle sales through the rest of 2019 and into 2020 will bring more intense competition in the increasingly crowded market for SUVs and a continued decline in passenger car sales, executives and economists said at this week's auto show in New York. The new SUVs at this week's auto show included models from Toyota Motor Corp, Ford Motor Co, Subaru Corp, Daimler AG's Mercedes-Benz and Hyundai Motor Co. After a long bull run, U.S. auto sales are expected to fall about 3 percent to 16.8 million units.

  • Car and Driver

    Volkswagen Shows Tarok Concept to See If America Wants a Small Pickup Again

    Volkswagen is showing a compact pickup concept at the New York auto show, saying it's exploring the interest level among U.S. buyers. This Tarok concept is already slated for production and will be on sale in South America soon. This is the second pickup-truck concept that Volkswagen has shown at the New York auto show in as many years. Volkswagen, it seems, is quite interested in entering the lucrative pickup-truck market here in the U.S., and considering sales numbers for trucks, who can blame VW? The company is proceeding deliberately, showing the Tarok compact pickup concept at this year's New York auto show to "gauge market reaction" after having done the same with the larger Atlas Tanoak

  • Declining U.S. market ratchets up competition for SUV sales
    Reuters

    Declining U.S. market ratchets up competition for SUV sales

    Falling U.S. new vehicle sales through the rest of 2019 and into 2020 will bring more intense competition in the increasingly crowded market for SUVs and a continued decline in passenger car sales, executives and economists said at this week's auto show in New York. The new SUVs at this week's auto show included models from Toyota Motor Corp, Ford Motor Co, Subaru Corp, Daimler AG's Mercedes-Benz and Hyundai Motor Co. After a long bull run, U.S. auto sales are expected to fall about 3 percent to 16.8 million units.

  • Doug Ford tells Ontario teachers to 'get with the times'
    Global News

    Doug Ford tells Ontario teachers to 'get with the times'

    Speaking to reporters Tuesday, Ontario Premier Doug Ford scolded Ontario's teachers to “get with the times” and admit that struggling math grades among grade 6 students was their fault.