The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising.
By Tova Cohen and Steven Scheer SHFAYIM, Israel (Reuters) - Technology that has helped Israel's military drive tanks, guide and intercept missiles, and keep its computer systems secure is being redeployed in the development of driverless cars. U.S. chipmaker Intel, German auto supplier Continental, Samsung, Daimler, Ford Motor Co and GM are among those to have bought startups or set up their own development centers in Israel. Israeli auto tech startups still raised almost as much as similar U.S. companies last year.
Protolabs upgrades seven HP systems to the Jet Fusion 4210 3 D printing platform in the U.S. and Germany offering customers truly global digital production services IAM 3 D Hub in Spain deploys eight HP ...
Share Facebook Tweet Pinterest Email In case you were worried, ex-Ford North America president Raj Nair will be all right after being unceremoniously ousted from the Blue Oval in February. The father of the new Ford GT landed at the company that actually builds it: Multimatic Motorsports in Ontario, Canada. Nair was appointed president and chief operating officer on May 7. Nair left Ford after he was accused of “inappropriate conduct,” though the company declined to give details. In a statement from February, Nair said, "I sincerely regret that there have been instances where I have not exhibited leadership behaviors consistent with the principles that the company and I have always espoused.
In the week ended May 18, Ford Motor Company (F) stock settled at $11.33 with minor gains of 1.3% from the previous week’s close. As of May 18, Ford was trading in positive territory with minor gains of 0.8% month-to-date. By comparison, General Motors (GM), Toyota (TM), and Ferrari (RACE) also have inched up by 2.9%, 3.9%, and 8.0% month-to-date, respectively.
REI Systems is proud to support HRSA in the agency's data analytics journey STERLING, Va. , May 22, 2018 /PRNewswire/ -- On May 11 th , the Health Resources and Services Administration (HRSA) was honored ...
Bucharest, Romania – Ford says it plans to invest some 200 million euros ($236 million) and create 1,500 new jobs to build a second vehicle at its plant in Romania. The automaker did not unveil the model when it made the announcement Tuesday about the new model, which will be manufactured at the Craiova assembly plant starting in 2019. Ford currently produces the EcoSport, a small SUV, at its factory in southern Romania as well as a 1.0-liter EcoBoost engine. The company has invested almost 1.5 billion ($1.77 billion) since acquiring the facility in 2008. It said it expects to hire some 1,500 operators, adding to its current workforce of more than 4,400. The Craiova-built EcoSport was launched
Shares of automakers like General Motors Co. ( GM) and Ford Motor Co. ( F) were up in pre-market trading Tuesday after China said it would reduce tariffs on certain vehicles. The Chinese Finance Ministry said tariffs would be lowered starting July 1 to 15% from 25% as its trade negotiations with the U.S. continued. China is the world’s largest market for autos.
China said it will cut the tariff to import cars to around 13.8% from the current level of 25%, while reducing the levy on imported car parts to 6% from 10%. For Trump, the concession by China is a win seeing as he came to power on the back of frustrated manufacturing workers (among other classes, of course). Ford perhaps has one of the most ambitious plans for China.
South Africa is proposing automakers including Toyota Motor Corp., Ford Motor Co. and BMW AG more than double production in return for tax breaks so generous that the companies can ship the cars all the way to Europe. The auto industry accounts for about 7 percent of South Africa’s gross domestic product and has been one of the few highlights of a period of sluggish economic growth, according to the National Association of Automobile Manufacturers of South Africa.
"The Ford Performance group, I see it everywhere, with all their different forms of motorsport collaborating together," Busch said. "Whereas Ford Racing before ... felt like it was more focused on the NASCAR program and didn't use information from IndyCar or Cosworth in Formula One or sports cars. What I see now is information channels that are able to communicate quickly and gather data from all different branches of motorsports that Ford is involved in." Ford Performance initially housed a simulator used exclusively by its NASCAR teams. IMSA and WEC programs began using it, and the simulator has graduated into use for both Ford Performance production cars and now mainstream Ford products. To
On Thursday, May 31, Ford Motor Company will participate in a fireside chat at the 2018 Auto Tech Conference organized by RBC Capital Markets.