Edition:
United States

Ford Motor Co (F.N)

F.N on New York Stock Exchange

9.95USD
4:00pm EDT
Change (% chg)

$-0.04 (-0.40%)
Prev Close
$9.99
Open
$9.95
Day's High
$10.02
Day's Low
$9.93
Volume
7,875,665
Avg. Vol
10,814,157
52-wk High
$11.65
52-wk Low
$7.41

Latest Key Developments (Source: Significant Developments)

Changan Ford Fined By Market Regulator For Violations Of Anti-Monopoly Law
Thursday, 6 Jun 2019 12:05am EDT 

June 6 (Reuters) - Chongqing Changan Automobile Co Ltd <000625.SZ>200625.SZ::SAYS ITS JV CHANGAN FORD FINED 162.8 MILLION YUAN ($23.55 million) BY STATE ADMINISTRATION FOR MARKET REGULATION FOR VIOLATIONS OF ANTI-MONOPOLY LAW.SAYS THE PENALTY DOES NOT HAVE MAJOR IMPACT ON COMPANY AND JV'S PRODUCTION AND OPERATION.  Full Article

Ford Says Is Teaming Up With Agility Robotics
Wednesday, 22 May 2019 07:31am EDT 

May 22 (Reuters) - Ford Motor Co ::FORD SAYS IS TEAMING UP WITH AGILITY ROBOTICS.  Full Article

Ford Motor Co Files For Notes Offering Of Up To $750 Million, Due June 1, 2059
Tuesday, 21 May 2019 05:55pm EDT 

May 21 (Reuters) - Ford Motor Co ::FORD MOTOR CO FILES FOR NOTES OFFERING OF UP TO $750 MILLION, DUE JUNE 1, 2059 - SEC FILING.FORD MOTOR CO FSAYS NOTES WILL BE ISSUED IN MINIMUM DENOMINATIONS OF $25 AND INTEGRAL MULTIPLES THEREOF.  Full Article

Ford Motor To Recall Select 2013-16 Fusion Vehicles Equipped With 2.5-Liter Engine
Wednesday, 15 May 2019 08:44am EDT 

May 15 (Reuters) - Ford Motor Co ::FORD MOTOR CO - ISSUING SAFETY RECALL FOR SELECT 2013-16 FUSION VEHICLES EQUIPPED WITH 2.5-LITER ENGINE FOR SHIFTER CABLE BUSHING ISSUE.FORD MOTOR CO - AWARE OF THREE REPORTS ALLEGING PROPERTY DAMAGE AND ONE REPORT ALLEGING AN INJURY POTENTIALLY RELATED TO CABLE BUSHING ISSUE.FORD MOTOR CO - RECALL RELATED TO SHIFTER CABLE BUSHING ISSUE AFFECTS APPROXIMATELY 270,000 VEHICLES IN NORTH AMERICA.  Full Article

Volkswagen CEO Affirms 2019 Guidance
Tuesday, 14 May 2019 04:30am EDT 

May 14 (Reuters) - Volkswagen CEO at AGM::AFFIRMS 2019 GUIDANCE.VOLKSWAGEN CEO SAYS TALKS WITH FORD <<>> ADVANCING POSITIVELY ON FURTHER COOPERATION.GROWTH PERSPECTIVE FOR ENGINEERING BUSINESS INCLUDES JV, PARTNERSHIPS, PARTIAL OR ENTIRE SALE.SEES UPTURN IN CHINA BUSINESS STARTING IN H2 DUE TO VAT CUT, MODEL OFFENSIVE.  Full Article

Ford Motor Confident To Deliver Better Results In 2019 Vs 2018
Thursday, 9 May 2019 10:17am EDT 

May 9 (Reuters) - Ford Motor Co ::FORD MOTOR CO SAYS 2018 WAS A PIVOTAL YEAR TO REDESIGN THE ENTIRE COMPANY- ANNUAL GENERAL MEETING.FORD SAYS CO WILL DELIVER BETTER RESULTS IN 2019 VERSUS LAST YEAR - AGM.FORD SAYS ON CHINA WE ARE GETTING THE FOOTPRINT OF COSTS AND PRODUCT PORTFOLIO RIGHT.FORD SAYS MANAGING DOWNTURNS IS EXTREMELY IMPORTANT AND EXPECTS TO BE PROFITABLE IN A DOWNTURN.FORD SAYS STRUCTURAL COSTS AFTER INCREASING OVER LAST FIVE-YEARS HAVE FLATTENED AND NOW STARTING TO SHRINK A LITTLE.  Full Article

Ford Sharpens Focus On Customer Experience Expanded Investment, Programs Save Time And Money, Reward Loyalty
Thursday, 2 May 2019 06:55am EDT 

May 2 (Reuters) - Ford Motor Co ::FORD SHARPENS FOCUS ON CUSTOMER EXPERIENCE; EXPANDED INVESTMENT, PROGRAMS SAVE TIME AND MONEY, REWARD LOYALTY.FORD MOTOR CO - PILOTING MOBILE SERVICE, WHICH BRINGS VEHICLE MAINTENANCE AND LIGHT SERVICE TO CUSTOMERS AT HOME OR WORK.FORD MOTOR CO - FORDPASS IS EXPANDING WITH A NEW CUSTOMER LOYALTY PROGRAM CALLED FORDPASS REWARDS..FORD MOTOR CO - FORD IS OPENING A NEW NATIONWIDE CONTACT CENTER IN HOUSTON.FORD MOTOR CO - WORKING WITH DEALERS TO TEST NEW GLOBAL RETAIL FORMATS.FORD MOTOR CO - HAS 70 FORD SIGNATURE STORES AROUND THE WORLD, WILL EXPAND TO 300 GLOBALLY BY YEAR’S END.  Full Article

Ford Motor Co - Teaming Up With Amazon To Bring Its Key By Amazon In-Car Delivery Service To Eligible Ford And Lincoln Vehicles
Tuesday, 30 Apr 2019 09:32am EDT 

April 30 (Reuters) - Amazon.com Inc ::FORD MOTOR CO - TEAMING UP WITH AMAZON TO BRING ITS KEY BY AMAZON IN-CAR DELIVERY SERVICE TO ELIGIBLE FORD AND LINCOLN VEHICLES.FORD - THROUGH IN-CAR DELIVERY, ELIGIBLE FORD AND LINCOLN OWNERS NOW CAN HAVE THEIR AMAZON PRIME PACKAGES DELIVERED TO VEHICLES.  Full Article

Ford Motor Says On April 23 Co Entered Into Fifteenth Amendment To Its Credit Agreement Dated As Of December 15, 2006 - SEC Filing
Friday, 26 Apr 2019 08:08am EDT 

April 26 (Reuters) - Ford Motor Co ::FORD MOTOR SAYS ON APRIL 23, FORD ENTERED INTO FIFTEENTH AMENDMENT TO ITS CREDIT AGREEMENT DATED AS OF DECEMBER 15, 2006 - SEC FILING.FORD MOTOR CO - ALLOCATION OF $3 BILLION OF COMMITMENTS TO FORD CREDIT ON AN IRREVOCABLE AND EXCLUSIVE BASIS REMAINS IN PLACE..FORD MOTOR - LENDERS MAINTAINED TOTAL REVOLVING COMMITMENTS OF $13.4 BILLION, MATURITY DATE EXTENDED BY A YEAR TO APRIL 30, 2024 FOR 75% OF COMMITMENTS.FORD MOTOR CO - LENDERS MAINTAINED TOTAL REVOLVING COMMITMENTS OF $13.4 BILLION, MATURITY DATE EXTENDED BY A YEAR TO APRIL 30, 2021 FOR 25% OF COMMITMENTS.  Full Article

Ford Reports EPS Of $0.29 For Q1
Thursday, 25 Apr 2019 04:15pm EDT 

April 25 (Reuters) - Ford Motor Co ::QTRLY GAAP EARNINGS PER SHARE $0.29.QTRLY ADJUSTED EARNINGS PER SHARE $0.44.ON TRACK TO DELIVER BETTER FY 2019 RESULTS.QTRLY AUTOMOTIVE REVENUE $37.24 BILLION VERSUS $39.01 BILLION.INCURRED $592 MILLION OF CHARGES FOR QTRLY SPECIAL ITEMS, VAST MAJORITY A RESULTS OF EUROPE AND SOUTH AMERICA REDESIGN ACTIONS.ENDED THE QUARTER WITH $24.2 BILLION IN CASH AND $35.2 BILLION IN LIQUIDITY.QTRLY REVENUE DOWN ON LOWER VOLUME, DRIVEN BY GLOBAL INDUSTRY DECLINE, DISCONTINUATION OF NORTH AMERICA FOCUS, PRODUCTION RAMP UP OF EXPLORER.IN QUARTER, IN NORTH AMERICA, SHARE AND REVENUE IMPROVED, DRIVEN BY PERFORMANCE OF FRANCHISE STRENGTHS IN TRUCKS AND UTILITIES.BY 2020 END, CO WILL HAVE REPLACED 75 PERCENT OF ITS CURRENT U.S. PRODUCT LINEUP.EXPECT Q1 EBIT TO BE THE STRONGEST OF THE YEAR, DUE TO SEASONAL FACTORS AND MAJOR PRODUCT LAUNCHES AHEAD.ON APRIL 23, CLOSED ON $3.5 BILLION SUPPLEMENTAL CREDIT FACILITY.EXPECTS 2019 REVENUE, ADJUSTED. EBIT MARGIN, ADJUSTED. ROIC, ADJUSTED. CASH CONVERSION TO BE AN IMPROVEMENT FROM 2018.EXPECTS 2019 ADJUSTED. DEBT TO EBITDA HIGHER THAN 2018.IN LONGER TERM, TARGETS ADJUSTED. EBIT MARGIN ABOVE 8%; IN LONGER TERM, TARGETS ADJUSTED. ROIC MORE THAN HIGH TEENS.IN LONGER TERM, TARGETS ADJUSTED. CASH CONVERSION ABOVE 65 PERCENT; IN LONGER TERM, TARGETS ADJUSTED. DEBT TO EBITDA LESS THAN 2.5.Q1 EARNINGS PER SHARE VIEW $0.27, REVENUE VIEW $37.08 BILLION -- REFINITIV IBES DATA.FY2019 REVENUE VIEW $145.52 BILLION -- REFINITIV IBES DATA.  Full Article

Photo

VW's Tennessee workers vote against union representation

CHATTANOOGA, Tenn. Workers at Volkswagen AG's assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers' (UAW) efforts to unionize a foreign automaker's plant in the U.S. South.