Archive for Tag: Ford Motor

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08Dec
/ Csfx

Ford invests $900 million to modernise Thai auto plants

Ford Motor (NYSE:F) Co is trading up 3.85% at 19.96 Ford Motor (NYSE:F) Cois investing $900 million to upgrade factories in Thailand that build its Ranger pickup truck and Everest SUV, its largest-ever investment in the country. The plan includes a near doubling of the number of robots at...

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28Oct
/ Csfx

Ford Soars as It Lifts 2021 Profit Forecast Again, Resumes Dividend

Ford (NYSE:F) is trading down 2.70% at 15.51 Ford (NYSE:F)stock climbed more than 10% in Thursday’s premarket after the automaker raised its annual profit forecast for the second time in as many months while deciding to resume paying its dividend. The company said semiconductor availability remains a challenge, but...

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29Sep
/ Csfx

Auto industry wonders whether Ford-SK battery plants will sport the union label

Ford Motor (NYSE:F) Co is trading up 1.06% at 14.31 The plan for Ford Motor (NYSE:F) Coand Korean battery partner SK Innovation to build three battery plants in the United States, announced this week, will prompt a furious drive by labor leaders to organize the plants, potentially setting the...

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09Sep
/ Csfx

Ford to end manufacturing in India, take $2 billion hit

Ford Motor Cois trading up 0.62% at 13.03 Ford Motor Co will stop manufacturing in India and take a hit of about $2 billion as it does not see a path to profitability in the country, becoming the latest automaker to leave a major growth market dominated by Asian...

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17Jun
/ Csfx

Ford to pay $495 million to Brazilian state of Bahia

Ford Motor (NYSE:F) is trading up 0.13% at 15.02 Ford Motor (NYSE:F)will pay roughly 2.5 billion reais ($495 million) to the state of Bahia after deciding to close its plants in Brazil, newspaper O Estado de S. Paulo reported on Thursday. The payment aims at reimburse Bahia for all...

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