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Ford will cut 8,000 jobs in in the coming weeks in a bid to reduce costs and bolster investment in electric vehicles, a report has said. The Detroit-based company has not confirmed the cuts, which were first revealed on Wednesday by Bloomberg, and could still change. According to the report, about 8,000 jobs could be cut from the newly created Ford Blue unit working on the company’s internal combustion engine operations. Cuts, which could begin before the end of the summer, will also… Source link

Ford Motor (NYSE:F – Get Rating) will be releasing its earnings data after the market closes on Wednesday, July 27th. Analysts expect Ford Motor to post earnings of $0.44 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link. Ford Motor (NYSE:F – Get Rating) last issued its quarterly earnings results on Wednesday, April 27th. The auto manufacturer reported $0.38 earnings per share for the quarter, missing analysts’… Source link

Dupont Capital Management Corp lowered its position in Ford Motor (NYSE:F – Get Rating) by 60.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,193 shares of the auto manufacturer’s stock after selling 29,487 shares during the period. Dupont Capital Management Corp’s holdings in Ford Motor were worth $325,000 as of its most recent SEC filing. Several other institutional… Source link

Q: I have a 2011 Honda Odyssey with a little more than 100,000 miles. Occasionally, if I go through a puddle, the car momentarily stalls and the “check battery/charging system” prompt shows on the dash. After a few seconds it goes away, and the car runs fine. Needless to say, my mechanic, who is excellent, is stumped. Any ideas? A: It may be that the engine isn’t stalling but the main drive belt stops turning, and you are losing the power steering and the alternator isn’t charging the… Source link

Shares of Ford Motor (NYSE:F – Get Rating) have been assigned a consensus rating of “Hold” from the twenty-two research firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $18.22. Several… Source link

Shares of Ford Motor (NYSE:F – Get Rating) have been assigned a consensus rating of “Hold” from the twenty-two research firms that are currently covering the firm, MarketBeat reports. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $18.22. Several brokerages have recently issued reports… Source link

BENNINGTON — History in all its shining red and gold glory — in this case a 1924 American LaFrance firetruck — is on display at the Bennington Fire Department on River Street. “This one, it’s kind of special,” said Daniel Strohl, of Hemmings Motor News, which loaned the historic truck to the Fire Department. “It was the first motorized firetruck in… Source link

There’s always something changing in the automotive world; here’s Stephanie Hart with all the latest Motor News. STEPHANIE HART: The 2022 Los Angeles Auto Show kicked off with some exciting reveals… Starting with a throw-back Porsche, the 2023 911 Dakar. It pays tribute to the brand’s road rally heritage, featuring all-wheel drive, lifted suspension, and unique off-road tires. Special retro graphics are also available. The Dakar is limited to just 2,500 units globally.

Cerity Partners LLC lowered its position in shares of Ford Motor (NYSE:F – Get Rating) by 4.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 57,018 shares of the auto manufacturer’s stock after selling 2,810 shares during the period. Cerity Partners LLC’s holdings in Ford Motor were worth $965,000 as of its most recent filing with the SEC. Several other institutional investors have also recently added to or reduced… Source link

There are very few truly groundbreaking motorcycles being made right now, but we can say with some authority that the Tenere 700 is one of them. Currently, there are very few alternatives when it comes to a best of both worlds motorcycle that can cope equally well on dirt and on tarmac; most manufacturers understandably focus on either dirt or road performance for their product. Yamaha pulled off something pretty amazing with their middleweight Adventure bike, finding a near perfect… Source link