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Ford Motor Co.

Cox and LMC put Days' Supply of Inventory Below 1 Million Vehicles

Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.

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Chip Shortage: Biden Administration Reports Relief On Its Way

Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.

Do Soaring Sales Spell Trouble for Summer as Inventory Wanes?

How fast automakers move vehicles from factory floors to showrooms will shape the sales story the rest of the year.

Ford Stock Surges After Investor Day Announcements

Today’s news pushed Ford shares up 6%. Ford stock prices have doubled since CEO Jim Farley took the helm in October 2020.

Big 3 Takes Biggest Hit in Chip Shortage

The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.

Chip Summit Brings Good News and Bad News for Automakers

The Biden Administration has bipartisan support to contribute $50 billion for semiconductor manufacturing and research, but where the funds will go remains subject of debate.

Ford, GM Make Moves for Self-Driving Vehicles

Ford Motor Co. and General Motors Co. are investing in Silicon Valley-area ventures as they try to stay in front of the fast-changing automotive industry. Ford tapped former University of Michigan interim athletic director Jim Hackett to lead a new subsidiary, Ford Smart Mobility LLC, according to The Detroit News. That wing of the company ... Read More »

Congress Sets Hearing on Takata, Automakers Expand Recalls

Five automakers on Thursday widened recalls of cars and trucks with Takata Corp air bags and the U.S. Congress set a hearing next week on the safety issue that has been linked to six deaths, reported Reuters. Takata last week complied with demands of U.S. safety regulators and doubled the vehicles to be involved in air ... Read More »

Ford Executive Indicates Desire for Level Playing Field on Labor Costs

Ford Motor Co’s Americas chief indicated on Wednesday that the No. 2 U.S. automaker will be looking to bring its labor costs in line with those of its smaller rival Fiat Chrysler Automobiles when it opens talks this summer with the union representing its hourly workers, reported Reuters. Joe Hinrichs, speaking at a Bank of ... Read More »

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BlackRock Reports 5.4% Stake in Ford

BlackRock Inc. on Monday reported a 5.4% stake in Ford Motor Co., less than two weeks after the No. 2 U.S. auto maker reported a sharp drop in fourth-quarter profit, reported The WSJ. BlackRock, the world’s largest asset manager, said a year ago that it had a stake of 5.2%, which represents the total amount ... Read More »

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