Tag: Ford

China’s Geely Automobile launches share placement of up to $859 million – ETAuto.com

The shares are priced in the HK$10.80-$11.20 range, after 4.44%-7.85% discount to the last closing price of HK$11.72. HONG KONG/BEIJING: China’s Geely Automobile Holdings Ltd has launched an $836 million-$859 million placement of 600 million new shares, according to a term sheet seen by Reuters. The shares are priced in the HK$10.80-$11.20 range, after 4.44%-7.85%… Continue reading China’s Geely Automobile launches share placement of up to $859 million – ETAuto.com

Daily Crunch: Uber might lose out on acquiring Grubhub

Uber stocks tumble after reports that it will lose out on acquiring Grubhub, Reddit appoints a new board member and Republican senators question the legal protections of large social media platforms. Here’s your Daily Crunch for June 10, 2020. 1. Uber shares tumble 5% as reports indicate it will lose Grubhub deal to European rival… Continue reading Daily Crunch: Uber might lose out on acquiring Grubhub

UPDATE 1-Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay WASHINGTON (Reuters) – Ford Motor Co (F.N) said on Wednesday it will recall 2.15 million U.S. vehicles with potentially faulty door latches. The second largest American automaker said the recall covers many 2011 through… Continue reading UPDATE 1-Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

@VW Group: Ford, Volkswagen Sign Agreements for Joint Projects On Commercial Vehicles, Electrification, Autonomous Driving

Ford Motor Company and Volkswagen AG today signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in Europe and other regions by leveraging complementary strengths in midsize pickup trucks and com-mercial and electric vehicles. Plans for the agreements were first announced by Ford and Volkswagen last July. The… Continue reading @VW Group: Ford, Volkswagen Sign Agreements for Joint Projects On Commercial Vehicles, Electrification, Autonomous Driving

Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

FILE PHOTO: Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. REUTERS/Wolfgang Rattay WASHINGTON (Reuters) – Ford Motor Co (F.N) said on Wednesday it will recall 2.15 million U.S. vehicles with potentially faulty door latches. The second largest U.S. automaker said the recall covers many 2011 through… Continue reading Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches

@Ford: A Time to Act: How the Argo Team is Responding to Crisis With Action

By Bryan Salesky, CEO, Argo AI Argo AI is lending self-driving test vehicles, route planning, and fleet operations expertise to transport COVID-19 test kits to and from health centers across Allegheny County. Everything we do at Argo AI is about helping people. Those who know me personally know that I am passionate about the company’s purpose… Continue reading @Ford: A Time to Act: How the Argo Team is Responding to Crisis With Action

UPDATE 2-Ford, VW target 8 mln vehicles in van alliance

FILE PHOTO: The corporate logo of Ford is seen at Brussels Motor Show, Belgium January 9, 2020. REUTERS/Francois Lenoir (Reuters) – Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE) said on Wednesday they would make up to 8 million units of medium pickup trucks and commercial vans during the lifecycle of the vehicles as part… Continue reading UPDATE 2-Ford, VW target 8 mln vehicles in van alliance

Ford to return to pre-COVID production rates in U.S. plants by early July, COO says

DETROIT (Reuters) – Ford Motor Co (F.N) expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two months, a top executive said on Wednesday. FILE PHOTO: Jim Farley, President, Global Markets, Ford Motor Company,… Continue reading Ford to return to pre-COVID production rates in U.S. plants by early July, COO says

UPDATE 2-Ford to return to pre-COVID production rates in U.S. plants by early July, COO says

DETROIT (Reuters) – Ford Motor Co (F.N) expects to have its U.S. vehicle assembly plants return by early July to building at the rates they did before the coronavirus pandemic shut down the U.S. auto industry for two months, a top executive said on Wednesday. FILE PHOTO: Jim Farley, President, Global Markets, Ford Motor Company,… Continue reading UPDATE 2-Ford to return to pre-COVID production rates in U.S. plants by early July, COO says