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Ford rival doubles down on China with bold move
TheStreet86d agoneutral
Ford rival doubles down on China with bold move

While Ford and General Motors wrestle with their China strategies, Stellantis is doubling down on the world's largest auto market. Stellantis, the maker of Jeep, Ram, and Peugeot, just made two sweeping moves that signal a sharply different playbook from its American rivals. The decisions ...

Morgan Stanley turns bullish on Ford's EV storage business
TheStreet87d agoneutral
Morgan Stanley turns bullish on Ford's EV storage business

Ford Motor stock surged 13% in a single session the week of May 10 after Morgan Stanley issued a bullish call on the automaker's energy storage business. That was Ford’s biggest one-day gain since March 2020. For context, that kind of move doesn't happen without a serious catalyst. And this one ...

Ford Falls Most in 15 Months After AI-Driven Rally Abates
Bloomberg88d agobearish
Ford Falls Most in 15 Months After AI-Driven Rally Abates

(Bloomberg) -- Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrum

Another iconic auto brand is taken down by low EV sales
TheStreet89d agoneutral
Another iconic auto brand is taken down by low EV sales

Automakers around the world are learning just how much government subsidies propped up their electric vehicle sales, as the expiration of those subsidies is throwing cold water on the industry's EV ambitions. Take Honda, for example. Over the last three decades, the Japanese automaker has gone from ...

Ford stock surges 13% on investor optimism for new energy storage business
Reuters90d agobullish
Ford stock surges 13% on investor optimism for new energy storage business

Investor support for Ford Motor's energy storage business sent its stock ‌soaring 13% Wednesday, the biggest single-day increase in ‌about six years, following a note from Morgan Stanley highlighting details released ​by the company on Monday. Ford announced its wholly-owned energy subsidiary late last year, and it is being directed by Lisa Drake, who has been a key leader in ‌the company's efforts around ⁠electric vehicles. • After a $19.5 billion writedown on its EV programs in December, ⁠Ford announced it would launch an energy storage business, utilizing plant space in Kentucky that was previously meant to produce ​batteries for ​electric vehicles.

Ford Stock Surges on Support for Energy-Storage Business
The Wall Street Journal90d agobullish
Ford Stock Surges on Support for Energy-Storage Business

Ford Motor’s stock soared Wednesday as Wall Street cheered the automaker’s increased focus on using batteries once meant for electric vehicles as stationary energy-storage systems. Morgan Stanley analysts cited the company’s new Ford Energy subsidiary in a note Wednesday as an “underappreciated” competitive advantage. Energy storage systems are large stationary batteries, which have emerged as an alternative business strategy for carmakers who invested heavily in electric vehicle battery plants.

Ford Stock Soars On Energy Business Optimism
Benzinga90d agobullish
Ford Stock Soars On Energy Business Optimism

Ford Motor Co (NYSE:F) shares are skyrocketing Wednesday. Morgan Stanley released new research arguing that the company's energy storage ambitions are far more valuable than the market currently recognizes, putting the stock on pace for its best session since March 2020. Here’s what you should know. Ford Motor stock is among today’s top performers. What’s behind F gains? What’s Pushing Ford Higher? Morgan Stanley analyst Andrew Percoco reiterated an Equal‑weight rating and kept a $14 price targe

Ford CFO sounds the alarm on surging aluminum prices
TheStreet96d agoneutral
Ford CFO sounds the alarm on surging aluminum prices

When you stand in a showroom kicking the tires on a new pickup, you are not really thinking about metallurgy. You are thinking about the monthly payment, the towing capacity, the trade-in value of your old car. The truck itself feels like one solid object. Bumper to bumper, you assume the price is ...