Ford Motor Co F will report second-quarter earnings on Wednesday. Wall Street expects 66 cents in EPS and $44 billion in revenues as the company reports after market hours.The stock is down 0.18% over the past year, but up 14.31%% YTD. Ford stock is dipping Tuesday, alongside General Motors Co GM stock’s decline, following the latter’s Q2 earnings report, delay of its 2024 Buick EV, and postponement of its EV pickup plant opening to 2026.Let’s look at what the charts indicate for Ford stock, and how the sto ...

General Motors and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to pay off, while a cyberattack on a crucial computer network used by dealerships disrupted sales. GM is expected to report a 7.7% drop in second-quarter net income, while Ford is expected to post a 10% drop in profit, according to data from LSEG. GM is scheduled to report its results on Tuesday and Ford the following day.The cyberattack-induced outage at CDK forced the ...

Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus on manufacturing larger gasoline-powered versions of its popular F-Series pickup trucks.Ford’s decision follows second-quarter EV sales in the U.S. Ford led the pack among traditional automakers, with EV sales soaring 61% year over year to 23,957 units. This helped propel the company’s overall sales growth for the quarter and solidified i ...

Ford Motor Company (F) will increase production of its large Super Duty trucks by expanding operations to a Canadian plant that was initially designated for conversion into an all-electric vehicle hub. This new initiative includes a $3 billion investment, with $2.3 billion allocated to the Oakville Assembly Complex in Ontario, Canada, and the rest to enhance production at facilities in the United States and Canada.Currently, Ford manufactures Super Duty trucks, primarily used by commercial and business cust ...

Ford (F) is slated to release second-quarter 2024 results on Jul 24, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and automotive revenues is pegged at 62 cents per share and $41.65 billion, respectively.The earnings estimate for the to-be-reported quarter has remained stable over the past 60 days. The bottom-line projection indicates a year-over-year contraction of 14%. The Zacks Consensus Estimate for quarterly revenues suggests a modest year-over-year decrease ...

For investors hoping Ford's decisions can reduce EV losses and improve profits elsewhere, there's good news.Recently, investors have heard from more and more analysts that it's time to change the strategy on electric vehicles (EVs). In fact, Bank of America analyst John Murphy went so far as to say Detroit automakers such as Ford Motor Company (F -3.92%) should focus on highly profitable trucks, reduce any footprint in China, and sidestep EVs until they can roll out vehicles around a similar profitability t ...

Ford Motor Company's (F) commercial division, Ford Pro, has launched the Ford Pro Smart Charging Bundle for businesses in California, aiming to facilitate the adoption of electric vehicles (EVs) in commercial fleets. This package offers a free Ford Pro Level 2 EV charger for businesses that subscribe to Ford Pro Charging software, which includes advanced energy management features.The bundle provides businesses with tools to automate demand response to grid events and manage Low Carbon Fuel Standard (LCFS) ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Key TakeawaysFord will expand manufacturing of Super Duty pickups at a plant in Canada that was expected to build EVs, including three-row SUVs.The automaker plans to spend $3 billion to boost production, because it can't keep up with demand.Ford said it remains committed to making three-row electric SUVs. Ford Motor (F) on Thursday said it was expanding production of its Super Duty pickup trucks to a Canadian plant that was previously scheduled to be converted to electric vehicle (EV) manufacturing. The co ...

Ford said Tuesday it will expand production of its Super Duty trucks to a factory in Canada that was slated for a $1.34 billion transformation into an assembly plant for its next-generation of electric vehicles.The U.S. automaker said it will start producing F-Series Super Duty pickups at its Oakville Assembly plant in Ontario, Canada, beginning in 2026 — a move that will add capacity of about 100,000 units annually. The decision will also further delay plans for a three-row electric vehicle, which was supp ...