Ford Motor (F) Raised to Investment Grade by S&P
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Toyota (TM) to raise wages of US workers following UAW labor deals
November 1, 2023 2:06 PM EDTToyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will raise the wages of the companys nonunion U.S. factory workers. The announcement comes just days after the United Auto Workers (UAW) union won major pay and benefits enhancements from Detroit's three biggest... More
Barclays upgrades GM, Ford to Overweight on 'historically cheap valuation'
November 1, 2023 11:14 AM EDTBarclays upgraded Detroit automakers, General Motors (NYSE: GM) and Ford (NYSE: F) to Overweight ratings (From Equal-weight) as the companies move past the recent six-week long UAW labor strikes.
Barclays analysts suggest that the various challenges facing the business have created "peak pain," resulting in historically low... More
Ford (F) to bring F-150 Lightning to Switzerland this year
October 31, 2023 3:02 PM EDTFord Motor (NYSE: F) announced Tuesday that their popular F-150 Lightning electric pickup truck is coming to Switzerland in limited numbers this year.
Following its introduction to the United States during the 2022 model year, the Ford F-150 Lightning has significantly broadened its global... More
Deutsche Bank says losses may extend but will not derail EV transition
October 31, 2023 1:59 PM EDTAs emerging electric and legacy automakers voice concerns over what appears to be a deceleration of demand for battery electric vehicles, Deutsche Bank research analysts believe the existing BEV losses may extend but will not halt the industrys movement towards an EV transition.
During our IAA conference there was a debate if BEV adoption is slowing. This has now become a full blown concern about a potential EV demand meltdown. Writes Deutsche Bank analysts in a... More
Deutsche Bank sees 'no hit' from UAW strike in October
October 31, 2023 10:45 AM EDTDeutsche Bank research released an Industry update on the current state of the auto industry following the tentative conclusion of a six week long strike by the United Auto Workers against Detroits three biggest car companies, General Motors (NYSE: GM), Ford (NYSE: F), and Chrysler-parent Stellantis (NYSE:... More
