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Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of electric vehicles in the U.S. […] Ford claims No. 2 spot in EVs behind Tesla – but gap remains wide

Ford Motor Company (NYSE: F ) reported a 7.8% decline in U.S. sales for the month of November to 146,364 units. Retail sales fell 15.8%. However, Ford EV sales jumped 102.6% Y/Y to 6,255 vehicles. The result has made Ford America''s second best-selling brand and manufacturer of electric vehicles behind Tesla, Inc. (NASDAQ: TSLA ). Sales of Trucks and SUVs decreased … Full story available on Benzinga.com

Shares of Ford Motor Co. undefined shed 1.6% in morning trading Friday, after the automaker reported a 7.8% decline in November sales to 146,364 vehicles….

Ford Motor Company (NYSE: F ) gapped up 1.37% to start Thursday’s trading session after a volatile session on Wednesday caused the stock to slip over 2% intraday before closing flat. The legacy-turning-EV vehicle manufacturer announced it’s upping its total investment into Ford’s Halewood Plant on Merseyside, U.K. by £125 ($152.8 million U.S.) to aid its transformation into the EV space. This puts Ford’s total investment into the facility at £380 million. See Also: Elon Musk Can''t Help But Praise Tesla Rival Ford - Here''s Why "Our vision in Europe is to build a thriving business, by extending leadership in commercial vehicles and through the electrification of our car range," said Kieran Cahill , Ford''s European Industrial Operations vice-president. Ford met an EV milestone on Wednesday, announcing it had produced its 150,000th Mustang Mach-E. The news was met with congratulations from Tesla, Inc (NASDAQ: CEO ) CEO Elon Musk , who’s EV company currently dominates the EV … Full story available on Benzinga.

Shares of Ford Motor Inc. (NYSE: F ) fell by 4.99% in the past three months. Before having a look at the importance of debt, let''s look at how much debt Ford Motor has. Ford Motor Debt Based on Ford Motor''s financial statement as of October 27, 2022, long-term debt is at $84.28 billion and current debt is at $44.05 billion, amounting to $128.33 billion in total debt. Adjusted for $21.55 billion in cash-equivalents, the company''s net debt is at $106.78 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion … Full story available on Benzinga.com

Less than one month after CEO Jonathan Greenblatt lauded Tesla CEO Elon Musk as "an amazing entrepreneur and an extraordinary innovator" and heralded the tech billionaire''s then-pending purchase of Twitter, the Anti-Defamation League on Friday launched a widespread effort to convince advertisers to "pause" their spending on the site, following a surge in racism and harassment on the site since Musk''s takeover. In a statement shared on the " Stop Hate for Profit " website, boycott organizers say they met with Musk earlier in the week to express their concerns over the proliferation of hate speech on the site. A disclaimer on the site lists Stop Hate For Profit as "a trademark of the Anti-Defamation League." Greenblatt on Thursday told CNBC''s Squawk Box that he''d been "encouraged" by what he''d heard from Musk during those meetings. However, in the group''s statement Friday, organizers write that "at this point in time, we are calling on advertisers to pause their spend globally until it becomes clear whether Twitter remains committed to being a safe place for advertisers as well as society overall." Greenblatt courted controversy in early October when he praised Musk''s plans to buy the social media behemoth, calling him an "amazing entrepreneur and an extraordinary innovator.

The chair of Hamilton''s public school board says the Ford government is "trampling on workers'' rights" by invoking the notwithstanding clause and declaring the Canadian Union of Public Employees (CUPE) strike illegal.

US automaker Ford Motor Co. is in talks with South Korean battery cell maker SK On Co. and electric-vehicle battery component producer EcoPro BM Co. to build a cathode material plant in Quebec.

Friday, Magna reported per share earnings of $1.07 from $9.3 billion in sales. Wall Street was looking for $1.10 and $9.2 billion in sales.

Image: Tom Ford In August talks of Estee Lauder acquiring fashion brand Tom Ford circulated in what was widely reported to be a potential 3 billion dollar deal. Another party has quietly come into the discussion, namely Kering, who according to the Wall Street Journal is now a “front-runner” to an agreement. While neither Kering nor Tom Ford have publicly acknowledged discussions of a sale and acquisition, Kering has weathered the pandemic and current financial year with robust sales, and has a market value of just 60 billion euros, down from 100 billion euros last year. Estee Lauder, by comparison, has posted an unremarkable quarter due to slow sales in China, and lowered its outlook for the year. Kering could be a strong fashion partner for the Tom Ford brand, which is still best known for its menswear. With a luxury portfolio of successful houses with strong accessories businesses like Gucci, Balenciaga and Bottega Veneta, there would ample opportunities to expand handbags and the womenswear categories.

(内容を追加しました) ［４日 ロイター］ - AUTOMAKER Q3 2022 Q3 2021 PCT CHNG 1 General Motors 555,580 446,997 24.3% 2 Toyota Motor^ 526,017 566,005 -7.1% 3 Ford Motor 464,674 400,843 15.9% 4 Fiat Chrysler 385,665 410,918 -6.1% 5 Honda Motor Co^^ 222,050 345,914 -35.8% 6 Nissan^^^ 154,086…

Three Club holdings — Ford, Disney and Starbucks — were in the news Tuesday. Here''s what we think about the headlines.

Some investors thought Tesla''s delivery shortfall might be from a drop in demand, but that doesn''t seem to be the case.

The first-in-class aircraft carrier USS Gerald R. Ford is finally deploying. The ship, the world''s most advanced aircraft carrier, will deploy to the Atlantic. After setbacks and soaring costs, the flattop is about to be put to the test. The US Navy''s newest aircraft carrier — the first-in-class USS Gerald R. Ford — is setting sail on its first deployment. The ship is the Navy''s most advanced aircraft carrier and features a suite of new technologies intended to help the Navy maintain its edge over rival powers like Russia and China. These advanced capabilities, however, have come at a cost. The carrier is way over budget and years behind schedule. Initially expected to deploy for the first time four years ago, the Ford is at last departing Norfolk, Virginia for what the Navy is calling a "short, service-retained deployment" in the Atlantic Ocean . The deployment was supposed to begin on Monday, but due to "changing weather conditions," the start of this maiden deployment was delayed until the following day.

Ford (F) stock is rising higher on Tuesday as investors react to news of increasing electric vehicle (EV) sales from the automotive company.