Últimas noticias sobre Ford Motor (NYSE:F) Bolsa

Ford Motor

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.

Downgrades

Markets

LOGI

Analistas ajustan calificaciones: Logitech pasa a Neutral, Ford baja a Underperform. Descubre las razones y los nuevos precios objetivo.

Wall Street ajusta calificaciones: Logitech, Ford y más nombres destacados

Equities

News

Movers

Media

General

FTXR

RDIV

Ford (F) negocia una posible vuelta a la fabricación en India para exportación, mientras sus acciones caen un 0,97%.

¿Qué está pasando con las acciones de Ford Motor (F) este miércoles?

Technicals

Trading Ideas

Las acciones de Ford (F) han formado una Cruz de la Muerte, señalando una posible tendencia bajista. Descubre qué implica este patrón técnico

Acciones de Ford (F) forman Cruz de la Muerte: ¿Qué significa?

Ford Motor Co

First Advantage Corporation - Common Stock

First Advantage Corp

First Trust Alternative Absolute Return Strategy ETF

DigiAsia Corp

First Trust Multi Cap Value AlphaDEX Fund

Fabric

FAB-FORM INDUS LTD by Fab-Form Industries Ltd.

Fab-Form Industries Ltd

Farmers Bancorp

FIRST ASSET CD EQ ETF UNT by First Asset Cambridge Core

FAST ACCOUNTING CO LTD by FAST ACCOUNTING CO LTD.

FIRST ACCEPTANCE CORP by First Acceptance Corp.

First Acceptance Corp

FACT II ACQUISITION CORP ORD

FACT II Acquisition Corp

FACT II Acquisition Corp Warrants (26/11/2031)

FANCL CORP YOKOHAMA ORD by Fancl Corp. (Yokahama, Japan)

FANCL Corp

First Trust Multi Cap Growth AlphaDEX Fund

First American Corporation (New) Common Stock

First American Financial Corp

FIRST AMERICANO FINCL CP by First Americano Financial Corp. (Elizabeth, NJ)

FULL ALLIANCE GROUP INC by Full Alliance Group, Inc.

Full Alliance Group Inc

FGV Holdings Bhd

FAHEY BKG CO MARION OHIO by Fahey Bkg Co. Marion Ohio

Fahey Banking Co

First Trust Exchange-Traded Fund II First Trust Bloomberg Artificial Intelligence ETF

Cambria ETF Trust Cambria Global Tail Risk ETF

FairGame

FALCONSTOR SOFTWARE by FalconStor Software, Inc.

FalconStor Software Inc

Falcon Metals Ltd

FALCO HLDGS CO LTD by FALCO HLDGS CO LTD.

Falco Holdings Co Ltd

iShares Fallen Angels USD Bond ETF

First Trust/abrdn Global Opportunity Income Fund Com Shs

FUTURA MEDICAL PLC ORD by Futura Medical Plc

Futura Medical PLC

FLAMEMASTER CORP by Flamemaster Corp. (The)

Flamemaster Corp

Farmmi Inc

First Trust Global Wind Energy ETF

FIRST ATLANTIC NICKEL CRP by FIRST ATLANTIC NICKEL CORP

First Atlantic Nickel Corp

Firstrand Ltd

FIRSTRAND LTD UNSP/ADR by Firstrand Limited

Diamondback Energy Inc

Fanuc Corp

FT Vest U.S. Equity Buffer ETF - April

FaraLand

Farmer Bros Co

Harvest Finance - United States dollar

Faro Technologies Inc

The Advisors? Inner Circle Fund II Frontier Asset Absolute Return ETF

FAR Ltd

Direxion Financial Bull 3X Shares

FANTASY ACES FAN ORD by FANTASY ACES DAILY FANTASY SPORTS CORP

Fantasy Aces Daily Fantasy Sports Corp

Fastenal Co

FAT Brands Inc

FAT Brands Inc. - 8.25% Series B Cumulative Preferred Stock

Fate Therapeutics Inc

Fathom Digital Manufacturing Corp CL A NEW

Fathom Digital Manufacturing Corp Warrants (01/01/9999)

FATTAL HLDGS 1998 LTD by Fattal Holdings (1998) Ltd.

Fattal Holdings (1998) Ltd

FT Vest U.S. Equity Buffer ETF - August

FIRST AMERN URANIUM INC by FIRST AMERN URANIUM INC.

First American Uranium Inc

Forvia SE

Favo Capital Inc

FTAI Aviation Ltd XDFR PRF PERPETUAL USD 25 - Ser D

abrdn Asia-Pacific Income Fund, Inc. Common Stock

Aberdeen Asia-pacific Income Fund Inc

FAIRFAX FINCL HLDGS PFD G by Fairfax Financial Holdings Ltd.

Fairfax Financial Holdings Ltd

FAIRFAX FINCL HLDG PFD H by Fairfax Financial Holdings Ltd.

Direxion Financial Bear 3X Shares

FAZE HLDGS INC COM

FAZE HLDGS INC WT EXP RED

Fenerbahçe Token

FIRST NB ALASKA by First National Bank Alaska

First National Bank Alaska

DEUTSCHE BANK MEX REIT by Deutsche Bank Mexico SA Real Estate Investment Trust

Fibra Uno Administracion SA de CV

FACB INDUSTRIES BHD ORD by FACB Industries Inc BHD

PrologisProperty Mexico SA de CV Certificados Bursatiles Fiduciarios Inmobiliarios Series 14

PrologisProperty Mexico SA de CV

FBC Holding Inc

FiberCore Inc

Fidelity Blue Chip Growth ETF

Fabled Copper Corp

FABLED COPPER CORP by FABLED COPPER CORP.

Fidelity Blue Chip Value ETF

FBD Holdings PLC

FBD HOLDINGS PLC UNSP/ADR by FBD Holdings Plc

Fuss Brands Corp

FBEC WORLDWIDE INC by FBEC Worldwide, Inc.

FBEC Worldwide Inc

Fabege AB

FOODBASE GROUP INC by Foodbase Group Inc.

Foodbase Group Inc

UBS AG LONDON BRH FI ENHANCED LARGE CAP GROWTH ETN

Fortune Brands Innovations, Inc. Common Stock

Fortune Brands Innovations Inc

Fortress Biotech Inc

Fortress Biotech, Inc. - 9.375% Series A Cumulative Redeemable Perpetual Preferred Stock

FNB BANCORP INC NEWTON PA by FNB Bancorp, Inc.

F N B Bancorp Inc

First Business Financial Services, Inc. - Common Stock

First Business Financial Services Inc

FB Financial Corp

FIRST INTL BANK OF ISRAEL by First International Bank of Israel

First International Bank of Israel Ltd

FIRST BK OF TOYAMA LTD by FIRST BK OF TOYAMA LTD

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$500.00</td>
<td>$54.6K</td>
<td>41.3K</td>
<td>79.9K</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$240.00</td>
<td>$170.0K</td>
<td>28.7K</td>
<td>7.1K</td>
</tr>
<tr>
<td>CVNA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$260.00</td>
<td>$40.3K</td>
<td>10.7K</td>
<td>4.8K</td>
</tr>
<tr>
<td>NKE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$85.00</td>
<td>$61.0K</td>
<td>13.5K</td>
<td>2.4K</td>
</tr>
<tr>
<td>DASH</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/10/25</td>
<td>$170.00</td>
<td>$245.2K</td>
<td>15.3K</td>
<td>1.9K</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/10/25</td>
<td>$145.00</td>
<td>$26.1K</td>
<td>13</td>
<td>1.0K</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.82</td>
<td>$52.0K</td>
<td>54.7K</td>
<td>610</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/24/25</td>
<td>$55.00</td>
<td>$57.6K</td>
<td>46</td>
<td>601</td>
</tr>
<tr>
<td>LOW</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$257.50</td>
<td>$25.0K</td>
<td>149</td>
<td>334</td>
</tr>
<tr>
<td>CMG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$86.00</td>
<td>$74.4K</td>
<td>1.1K</td>
<td>266</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option trade that happens to be neutral, expiring in 2 day(s) on December 20, 2024. This event was a transfer of 91 contract(s) at a $500.00 strike. The total cost received by the writing party (or parties) was $54.6K, with a price of $600.0 per contract. There were 41326 open contracts at this strike prior to today, and today 79959 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bearish sentiment. It expires in 30 day(s) on January 17, 2025. Parties traded 500 contract(s) at a $240.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $170.0K, with a price of $340.0 per contract. There were 28750 open contracts at this strike prior to today, and today 7183 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 20, 2024. This event was a transfer of 475 contract(s) at a $260.00 strike. The total cost received by the writing party (or parties) was $40.3K, with a price of $85.0 per contract. There were 10739 open contracts at this strike prior to today, and today 4820 contract(s) were bought and sold. 
• For NKE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on December 20, 2024. This event was a transfer of 496 contract(s) at a $85.00 strike. This particular call needed to be split into 58 different trades to become filled. The total cost received by the writing party (or parties) was $61.0K, with a price of $124.0 per contract. There were 13537 open contracts at this strike prior to today, and today 2449 contract(s) were bought and sold. 
• Regarding DASH (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>), we observe a put option sweep with bearish sentiment. It expires in 23 day(s) on January 10, 2025. Parties traded 500 contract(s) at a $170.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $245.2K, with a price of $494.0 per contract. There were 15340 open contracts at this strike prior to today, and today 1917 contract(s) were bought and sold. 
• Regarding LEN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>), we observe a put option sweep with bullish sentiment. It expires in 23 day(s) on January 10, 2025. Parties traded 77 contract(s) at a $145.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $26.1K, with a price of $340.0 per contract. There were 13 open contracts at this strike prior to today, and today 1011 contract(s) were bought and sold. 
• Regarding F (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), we observe a put option trade with bullish sentiment. It expires in 184 day(s) on June 20, 2025. Parties traded 605 contract(s) at a $9.82 strike. The total cost received by the writing party (or parties) was $52.0K, with a price of $86.0 per contract. There were 54738 open contracts at this strike prior to today, and today 610 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a call option sweep that happens to be bullish, expiring in 37 day(s) on January 24, 2025. This event was a transfer of 600 contract(s) at a $55.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $57.6K, with a price of $96.0 per contract. There were 46 open contracts at this strike prior to today, and today 601 contract(s) were bought and sold. 
• For LOW (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), we notice a call option trade that happens to be bearish, expiring in 2 day(s) on December 20, 2024. This event was a transfer of 100 contract(s) at a $257.50 strike. The total cost received by the writing party (or parties) was $25.0K, with a price of $250.0 per contract. There were 149 open contracts at this strike prior to today, and today 334 contract(s) were bought and sold. 
• Regarding CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we observe a call option trade with bearish sentiment. It expires in 394 day(s) on January 16, 2026. Parties traded 266 contract(s) at a $86.00 strike. The total cost received by the writing party (or parties) was $74.4K, with a price of $280.0 per contract. There were 1155 open contracts at this strike prior to today, and today 266 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMZN

CVNA

DASH

TSLA

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Financial giants have made a conspicuous bullish move on Ford Motor. Our analysis of options history for Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) revealed 30 unusual trades.
Delving into the details, we found 73% of traders were bullish, while 20% showed bearish tendencies. Out of all the trades we spotted, 18 were puts, with a value of $1,539,298, and 12 were calls, valued at $863,163.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $8.0 to $13.0 for Ford Motor over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Ford Motor options trades today is 21227.44 with a total volume of 152,879.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Ford Motor's big money trades within a strike price range of $8.0 to $13.0 over the last 30 days.
<h3>Ford Motor Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734466523_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$0.63</td>
<td>$0.57</td>
<td>$0.6</td>
<td>$8.00</td>
<td>$360.0K</td>
<td>25.2K</td>
<td>6.2K</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$1.45</td>
<td>$1.39</td>
<td>$1.41</td>
<td>$10.00</td>
<td>$282.0K</td>
<td>37.3K</td>
<td>2.0K</td>
</tr>
<tr>
<td>F</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$0.99</td>
<td>$0.98</td>
<td>$0.98</td>
<td>$10.00</td>
<td>$196.0K</td>
<td>27.5K</td>
<td>2.0K</td>
</tr>
<tr>
<td>F</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$0.55</td>
<td>$0.54</td>
<td>$0.55</td>
<td>$11.17</td>
<td>$191.4K</td>
<td>23.7K</td>
<td>6.7K</td>
</tr>
<tr>
<td>F</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>02/21/25</td>
<td>$0.62</td>
<td>$0.59</td>
<td>$0.61</td>
<td>$10.00</td>
<td>$183.0K</td>
<td>2.9K</td>
<td>3.2K</td>
</tr>
</tbody>
</table>

<h3>About Ford Motor</h3>
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.
<h3>Ford Motor's Current Market Status</h3>
<ul>
<li>With a trading volume of 43,752,826, the price of F is down by -0.5%, reaching $9.94.</li>
<li>Current RSI values indicate that the stock is may be oversold.</li>
<li>Next earnings report is scheduled for 49 days from now.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Ford Motor, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Ford Motor Options Trading: A Deep Dive into Market Sentiment

Canadian Finance Minister Chrystia Freeland resigned Monday, citing disagreements with Prime Minister Justin Trudeau over <a href="https://www.benzinga.com/news/global/24/12/42475000/if-trump-starts-a-trade-war-canada-could-impose-export-taxes-on-oil-uranium-report">anticipated U.S. tariffs.</a>
What Happened? Freeland, who also held the position of Deputy Prime Minister, resigned hours before she was due to deliver an economic update to the parliament. In a letter to Trudeau, Freeland <a href="https://x.com/cafreeland/status/1868659332285702167">noted</a> she made this decision after his suggestion to take a different position within his Cabinet.
She also reflected on President-elect Donald Trump's proposed 25% tariffs.
"We need to take that threat extremely seriously. That means keeping our fiscal powder dry today, so we have the reserves we may need for a coming tariff war," she wrote.
Freeland, a veteran journalist and a key member of Trudeau's cabinet since 2015 has held multiple high-profile roles, including Minister of Foreign Affairs. Interestingly, her predecessor, Bill Morneau, resigned over a fallout with Trudeau in 2020 as they clashed over issues with COVID-19-related income support programs.
Meanwhile, Housing Minister Sean Fraser will not seek re-election in Nova Scotia and will leave the federal cabinet during the next shuffle, <a href="https://www.cbc.ca/player/play/video/9.6593309">per</a> CBC News. The shuffle, which could happen as early as Wednesday, could see former Bank of Canada and Bank of England governor Mark Carney joining the cabinet.&nbsp;
Why It Matters? Freeland's departure signals further weakening of Trudeau's government ahead of the election year.
As a widely respected figure, she was critical in securing Canada's trade interests and the architect of Canada's response to the U.S.-Mexico-Canada Agreement renegotiation during Trump's first term. With Freeland's exit, Trudeau loses a highly skilled negotiator at a pivotal time in international trade relations and domestic economic challenges.
Trudeau maintains the stance that imposing tariffs would hurt both sides.
"Let's not kid ourselves in any way, shape or form, 25% tariffs on everything going to the United States would be devastating for the Canadian economy," Trudeau said <a href="https://apnews.com/article/canada-trudeau-us-trump-tariffs-f23417b8f6671adf6b4c908be630615f">per</a> AP News, clarifying how tariffs on Canadian energy and various commodity exports would make life more expensive in the U.S.
Between November 2023 and October 2024, Canada exported over C$172 billion ($120.74 billion) worth of energy products to the U.S. and C$80.4 billion ($56.44 billion) worth of motor vehicles and parts. Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) have notable operations in Canada, as do foreign manufacturers like Fiat Chrysler Automobiles, Honda, and Toyota.
The internal crisis has driven down the Liberal Party's popularity. Polls <a href="https://newsinteractives.cbc.ca/elections/poll-tracker/canada/">show</a> Trudeau's government trails significantly behind the Conservative Party, with the next federal election due by October 2025.
Market Reaction: USD/CAD rose 0.11% for the day, closing the trading session at 1.4241. Since Donald Trump&#8217;s re-election, the pair rose around 3%.
Read Next: • <a href="https://www.benzinga.com/news/global/24/12/42513807/trump-says-softbanks-100b-commitment-to-us-is-monumental-demonstration-of-confidence-in-americas-future">Trump Says SoftBank&#8217;s $100B Commitment To US Is &#8216;Monumental Demonstration Of Confidence In America&#8217;s Future&#8217;</a>
Photo: Photocosmos1 via Shutterstock

Government

Commodities

Global

Trudeau's Government Loses A Top Negotiator Ahead Of Trump's Second Term

On December 13, 2024, BlueOval SK, LLC ("BOSK" or the "Borrower"), a 50/50 joint venture company among Ford Motor Company ("Ford"), SK On Co., Ltd. ("SK On"), and SK Battery America, Inc. ("SKBA," a wholly owned subsidiary of SK On), entered into a Loan Arrangement and Reimbursement Agreement (the "Loan Agreement") pursuant to which the Department of Energy ("DOE") agreed to arrange for the Federal Financing Bank to purchase a note or notes from the Borrower and to make advances from time to time thereunder up to $9,633,040,000 (the "BOSK DOE Loan") to finance the construction of battery manufacturing plants in Tennessee and Kentucky. BOSK is a consolidated subsidiary of SK On.
 &nbsp;
In conjunction with the Loan Agreement, on December 13, 2024, each of Ford, SK On, SKBA, and SK Innovation Co., Ltd., entered into a Sponsor Support, Share Retention and Subordination Agreement (the "SSA") with BOSK and DOE. Under the SSA, Ford has agreed to guarantee 50% of BOSK's payment obligations under the BOSK DOE Loan.
 &nbsp;
The SSA contains affirmative and negative covenants applicable to Ford that are substantially similar to those in Ford's existing Credit Agreement dated as of December 15, 2006, as amended and restated as of November 24, 2009, as amended and restated as of April 30, 2014, as amended and restated as of April 30, 2015, and as further amended and restated as of September 29, 2021 (and as amended, supplemented, or otherwise modified from time to time, the "Existing Credit Agreement"). The affirmative covenants include delivery of Ford's financial statements, delivery of compliance certificates and notices of default, and maintenance of Ford's automotive business and corporate existence. The negative covenants, subject to certain exceptions, include limitations on Ford's ability to merge or consolidate with another person, a limitation on liens, a negative pledge, and a limitation on sale-leaseback transactions. The SSA also contains a negative covenant substantially similar to the liquidity covenant in the Existing Credit Agreement requiring that Ford not permit Available Liquidity (as defined in the SSA) to be less than $4,000,000,000.
 &nbsp;
The SSA includes certain events of default, defined as "Ford Sponsor Entity Defaults," the occurrence of which would constitute an event of default under the Loan Agreement. The Ford Sponsor Entity Defaults are substantially similar to those in Ford's Existing Credit Agreement, including:
 &nbsp;
•Any representation or warranty is materially incorrect;
•Breach of covenants in the SSA, subject to grace periods consistent with the Existing Credit Agreement;
•Cross-payment default with respect to debt for borrowed money of Ford or any significant guarantor in an aggregate outstanding principal amount of $1,000,000,000 or more;
•Cross-acceleration to indebtedness for borrowed money of Ford or any significant guarantor with an aggregate outstanding principal amount of $1,000,000,000 or more;
•Bankruptcy of Ford, Ford Motor Credit Company LLC, Ford Canada, or any significant guarantor;
•Occurrence of certain ERISA events; and
•U.S. judgments against Ford or any significant guarantor not vacated, discharged, satisfied, stayed, or bonded pending appeal within 60 days, that involve a liability of either (a) $100,000,000 (or the foreign currency equivalent thereof) or more, in the case of any single judgment or decree or (b) $200,000,000 (or the foreign currency equivalent thereof) or more in the aggregate.
 &nbsp;
The final maturity date of the BOSK DOE Loan is expected to be in July 2040.

Contracts

BlueOval SK, A 50/50 Joint Venture Company Among Ford Motor, SK On Co. And SK Battery America Entered Into A Loan Arrangement And Reimbursement Agreement, Where The DOE Agreed To Arrange For The Federal Financing Bank To Purchase A Note Up To $9,633,040,000 To Finance The Construction Of Battery Manufacturing Plants In Tennessee And Kentucky; Ford Has Agreed To Guarantee 50% Of BOSK's Payment Obligations Under The Loan

<a href="https://www.reuters.com/business/autos-transportation/trump-transition-team-plans-sweeping-rollback-biden-ev-emissions-policies-2024-12-16/">https://www.reuters.com/business/autos-transportation/trump-transition-team-plans-sweeping-rollback-biden-ev-emissions-policies-2024-12-16/</a>
Dec 16 (Reuters) - Incoming U.S. President <a href="https://www.reuters.com/topic/person/donald-trump/">Donald Trump</a>'s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.
The recommendations, which have not been previously reported, come as the U.S. electric-vehicle transition stalls and China's heavily subsidized EV industry continues to surge, in part because of its superior battery supply chain. On the campaign trail, Trump vowed to ease regulations on fossil-fuel cars and roll back what he called President <a href="https://www.reuters.com/topic/person/joe-biden/">Joe Biden</a>'s EV mandate.
The transition team also recommends imposing tariffs on all battery materials globally, a bid to boost U.S. production, and then negotiating individual exemptions with allies, the document shows.
Taken together, the recommendations are a stark departure from Biden administration policy, which sought to balance encouraging a domestic battery supply chain, separate from China, with a rapid EV transition. The transition-team plan would redirect money now flowing to building charging stations and making EVs affordable into national-defense priorities, including securing China-free supplies of batteries and the critical minerals to build them.
The proposals came from a Trump transition team charged with crafting a strategy for swift implementation of new automotive policies. The team also calls for <a href="https://www.reuters.com/business/autos-transportation/trumps-transition-team-aims-kill-biden-ev-tax-credit-2024-11-14/">eliminating the Biden administration's $7,500 tax credit</a> for consumer EV purchases, a plan that Reuters first reported last month. The policies could strike a blow to U.S. EV sales and production at a time when many legacy automakers, including General Motors <a href="https://www.reuters.com/markets/companies/GM.N">(GM.N), opens new tab</a> and Hyundai <a href="https://www.reuters.com/markets/companies/005380.KS">(005380.KS), opens new tab</a>, have recently introduced a wider array of electric offerings to the U.S. market.
Cutting government EV support could also hurt sales of <a href="https://www.reuters.com/business/elon-musk/">Elon Musk</a>'s Tesla <a href="https://www.reuters.com/markets/companies/TSLA.O">(TSLA.O), opens new tab</a>, the dominant U.S. EV seller. But Musk, who <a href="https://www.reuters.com/world/us/musk-spent-over-quarter-billion-dollars-help-elect-trump-2024-12-06/">spent more than a quarter-billion dollars</a> helping to elect Trump, has said that losing subsidies would hurt rivals more than Tesla.
The transition team calls for clawing back whatever funds remain from Biden's $7.5 billion plan to build charging stations and shifting the money to battery-minerals processing and the "national defense supply chain and critical infrastructure."
&nbsp;
While batteries, minerals and other EV components are "critical to defense production," electric vehicles "and charging stations are not," the document says.
The Defense Department in recent years has highlighted U.S. strategic vulnerabilities because of China's dominance of the mining and refining of critical minerals, including graphite and lithium needed for batteries, and rare-earth metals used in both EV motors and military aircraft.
A 2021 government report said the U.S. military faces "escalating power requirements" for weapons and communication equipment, among other technologies. "Assured sources of critical minerals and materials" are "critical to U.S. national security," the report found.
Trump transition spokeswoman Karoline Leavitt said voters gave Trump a mandate to deliver on campaign promises, including stopping government attacks on gas-powered cars.
"When he takes office, President Trump will support the auto industry, allowing space for both gas-powered cars and electric vehicles," Leavitt said in a statement.
<h2>ALLOWING MORE TAILPIPE POLLUTION</h2>
Automakers globally have been shifting toward electric vehicles in part to comply with stricter government limits on climate-damaging tailpipe pollution.
But the transition team recommendations would allow automakers to produce more gas-powered vehicles by rolling back emissions and fuel-economy standards championed by the Biden administration. The transition team proposes shifting those regulations back to 2019 levels, which would allow an average of about 25% more emissions per vehicle mile than the current 2025 limits and average fuel economy to be about 15% lower.
The proposal also recommends blocking California from <a href="https://www.reuters.com/legal/us-supreme-court-hear-dispute-over-california-tailpipe-emissions-ev-standards-2024-12-13/">setting its own, stricter vehicle-emissions standards</a>, which more than a dozen other states have adopted. Trump barred California from setting tougher requirements during his first term, a policy that Biden reversed.
California has asked the U.S. Environmental Protection Agency for another waiver to incorporate a stronger set of requirements beginning in 2026, which would eventually require all vehicles to be electric, plug-in hybrid or hydrogen-powered by 2035. The Biden administration's EPA has not approved California's request.
Many of the transition-team proposals appear aimed at encouraging domestic battery production, primarily for defense-related interests. Others appear aimed at protecting automakers, even those producing EVs, in the United States.
The proposals include:
– Instituting tariffs on "EV supply chain" imports including batteries, critical minerals and charging components. The proposal viewed by Reuters said the administration should use Section 232 tariffs, which target national security threats, to limit imports of such products.
The Biden administration recently increased tariffs on Chinese imports of several mentioned in the Trump-transition document, including lithium-ion batteries, graphite and "permanent magnets" used in EV motors and military applications. Those tariffs were issued on economic rather than security grounds.
– Waiving environmental reviews to speed up "federally funded EV infrastructure projects," including battery recycling and production, charging stations and critical mineral manufacturing.
– Expanding export restrictions on EV battery technology to adversarial nations.
– Providing support for exports of U.S.-made EV batteries through the Export-Import Bank of the United States.
– Using tariffs as a "negotiating tool" to open foreign markets to U.S. auto exports, including EVs.
– Eliminating requirements that federal agencies purchase EVs. A Biden policy requires all federal acquisitions of cars and smaller trucks to be zero-emission vehicles by the end of 2027.
– Ending DOD programs aimed at purchasing or developing electric military vehicles.

Macro Economic Events

Politics

Economics

LCID

RIVN

STLA

Reported Earlier, 'Trump Transition Team To Roll Back Biden EV, Emissions Policies' - Reuters News

WIIM

Ford Motor shares are trading lower after Jefferies downgraded the stock from Hold to Underperform and cut its price target from $12 to $9.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>B of A Securities analyst Adam Angelov downgraded the rating for Logitech International S.A. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LOGI#NASDAQ">LOGI</a>) from Buy to Neutral and lowered the price target from $114 to $92. Logitech shares closed at $84.39 on Friday. See how other analysts view this stock.</li>
<li>Mizuho analyst William Janela downgraded Northern Oil and Gas, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOG#NYSE">NOG</a>) from Outperform to Neutral and maintained the price target of $47. Northern Oil &amp; Gas shares closed at $40.71 on Friday. <a href="https://www.benzinga.com/quote/NOG/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Exane BNP Paribas analyst Andrew Grobler downgraded the rating for Robert Half Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RHI#NYSE">RHI</a>) from Outperform to Underperform and announced a $64 price target. Robert Half shares closed at $76.10 on Friday. See how other analysts view this stock.</li>
<li>Goldman Sachs analyst Jamie Perse downgraded Tenet Healthcare Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/THC#NYSE">THC</a>) from Buy to Neutral and lowered the price target from $196 to $140. Tenet Healthcare shares closed at $136.71 on Friday. <a href="https://www.benzinga.com/quote/THC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Jefferies analyst Philippe Houchois downgraded Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) from Hold to Underperform and slashed the price target from $12 to $9. Ford shares closed at $10.39 on Friday. <a href="https://www.benzinga.com/quote/F/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying Ford stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="612" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16071010/image-124-1024x612.png" alt="" class="wp-image-693633" style="width:631px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16071010/image-124-1024x612.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16071010/image-124-300x179.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16071010/image-124-768x459.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16071010/image-124.png 1123w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/24/12/42482639/wall-streets-most-accurate-analysts-give-their-take-on-3-energy-stocks-with-over-6-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields</a></li>
</ul>

This Ford Analyst Turns Bearish; Here Are Top 5 Downgrades For Monday

Jefferies analyst Philippe Houchois downgrades Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) from Hold to Underperform and lowers the price target from $12 to $9.

Price Target

Analyst Ratings

Jefferies Downgrades Ford Motor to Underperform, Lowers Price Target to $9

Many, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk and Microsoft Corp. co-founder Bill Gates, have previously <a href="https://www.benzinga.com/news/23/09/34809593/affordability-or-desire-tesla-ceo-elon-musk-emphasizes-cost-as-primary-driver-for-wider-electric-veh">flagged the high price point of electric vehicles</a>, as compared to gas counterparts, as hindering mass adoption of EVs. However, EV makers are now gearing up to make more affordable models.
EV Giant Paves The Way: During Tesla's third-quarter earnings in October, the company said that it is preparing to launch new vehicles, including more affordable models, starting in the&nbsp;<a href="https://www.benzinga.com/news/24/07/39923738/tesla-reiterates-new-electric-vehicles-on-track-for-2025-but-ceo-elon-musk-refuses-to-divulge-detail" target="_blank" rel="noreferrer noopener">first half of 2025.</a>
"These vehicles will utilize aspects of the next-generation platform as well as aspects of our current platforms and will be able to be produced on the same manufacturing lines as our current vehicle line-up,&#8221; the company then said.
&#8220;This approach will result in achieving less cost reduction than previously expected but enables us to prudently grow our vehicle volumes in a more capex-efficient manner during uncertain times.&#8221;
Startups Follow Track: EV startup Rivian Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), meanwhile, intends to start production of R2 in the first half of 2026.
The <a href="https://www.benzinga.com/news/24/07/39911412/rivian-reports-well-over-100k-r2-reservations-ahead-of-2026-launch" target="_blank" rel="noreferrer noopener">R2 SUV</a> is expected to be priced at around $45,000, making it a cheaper and more mass-market offering than the company's R1 vehicles which have a starting price of around $70,000.
Lucid Motors Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCID#NASDAQ">LCID</a>) is also looking forward to starting production of a high-volume midsized platform priced at around $48,000 in late 2026 as a <a href="https://www.benzinga.com/news/24/06/39135581/youtuber-mkbhd-praises-lucid-air-sapphire-if-it-couldnt-be-a-tesla-it-would-have-to-be-this" target="_blank" rel="noreferrer noopener">direct competitor</a> to Tesla&#8217;s mass-market offerings Model 3 and Model Y.
Legacy Players Strive To Keep Up: Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) CEO Jim Farley said in February that it developed a &#8220;<a href="https://www.benzinga.com/news/24/06/39312185/jim-farleys-ford-boosts-low-cost-ev-team-with-top-talent-from-rivian-tesla-and-apple">super-talented skunkworks team</a>&#8221; to create a low-cost EV platform two years ago and they have developed a flexible platform that will be deployed to several types of vehicles.
However, in August, Ford said that it is&nbsp;<a href="https://www.benzinga.com/top-stories/24/08/40496864/ford-scraps-electric-suv-as-it-adjusts-to-lower-electric-vehicle-demand" target="_blank" rel="noreferrer noopener">killing its plans to build a three-row electric SUV</a>, initially slated for production in 2025. The company also postponed its plans for a new electric version of its F-150 pickup to 2027 and said it will start making a new electric commercial van in 2026.
More details on the company&#8217;s EV strategy are now expected in the first half of 2025.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42453807/spacex-hits-350-billion-valuation-in-insider-share-sale-ceo-elon-musk-says-no-investors-wanted-to-sell-shares" target="_blank" rel="noreferrer noopener">SpaceX Hits $350 Billion Valuation In Insider Share Sale: CEO Elon Musk Says ‘No Investors Wanted To Sell Shares&#8217;</a></li>
</ul>
Photo courtesy: Wikimedia

Tech

Bill Gates Once Pinned Price As Hurdle To Mass EV Adoption: Now, Tesla, Lucid And Rivian Are Gearing Up To Launch Cheaper EV Models

<a href="https://media.ford.com/content/fordmedia/fna/us/en/news/2024/12/11/new-collaboration-to-deliver-electrification-blueprint-to-southe.html" title="https://media.ford.com/content/fordmedia/fna/us/en/news/2024/12/11/new-collaboration-to-deliver-electrification-blueprint-to-southe.html">https://media.ford.com/content/fordmedia/fna/us/en/news/2024/12/11/new-collaboration-to-deliver-electrification-blueprint-to-southe.html</a>

Ford Pro And Southern Company Launch Pilot Program To Develop Electrification Blueprint For Southeast U.S. Businesses; Study To Optimize Charging, Vehicle Uptime, And Cost Efficiency Using Data From 200 F-150 Lightning Trucks And 150 Chargers

The Future Fund LLC Managing Partner Gary Black highlighted on Tuesday that General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is abandoning its robotaxi ambitions to save $1 billion annually, marking a significant <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42425386/general-motors-stock-is-rising-after-the-bell-whats-driving-the-action">shift in the autonomous vehicle race</a>.
What Happened: &#8220;Cruise and GM&#8217;s technical teams will be combined into a single effort focused on developing autonomous and advanced driver safety technology for future models sold by GM,&#8221; Black wrote on X, noting the strategic realignment of GM&#8217;s autonomous driving efforts.
Black, a prominent Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) bull, emphasized GM&#8217;s decision to exit robotaxi development &#8220;given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market.&#8221;
&#8220;The move could clear the way for GM to begin licensing TSLA's full-self-driving technology,&#8221; Black wrote on X. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24GM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GM</a> Cruise will exit the robotaxi business, a move that will save <a href="https://twitter.com/search?q=%24GM&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$GM</a> $1B/year in annual costs. Cruise and GM's technical teams will be combined into a single effort focused on developing autonomous and advanced driver safety technology for future models sold by GM. GM said it…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1866603630171934933?ref_src=twsrc%5Etfw">December 10, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/12/42428726/jim-cramer-id-be-a-buyer-after-oracle-earnings-dip-but-will-take-something-off-the-table-on-c3-ai-rally">Jim Cramer: &#8216;I&#8217;d Be A Buyer&#8217; After Oracle Earnings Dip, But Will &#8216;Take Something Off The Table&#8217; On C3.ai Rally</a>
Why It Matters: The move comes after Cruise suspended operations following an October incident where one of its vehicles dragged and injured a pedestrian. GM plans to increase its ownership in Cruise from 90% to 97% <a href="https://www.benzinga.com/trading-ideas/movers/24/12/42425386/general-motors-stock-is-rising-after-the-bell-whats-driving-the-action">through shareholder agreements</a>.
&#8220;GM is committed to delivering the best driving experiences to our customers in a disciplined and capital efficient manner,&#8221; said GM CEO Mary Barra in a company statement. The automaker will now focus on expanding its Super Cruise driver assistance system, currently available in more than 20 vehicle models.
The retreat from robotaxis comes as Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) Waymo expands its autonomous taxi service to more cities and Tesla targets a 2026 launch for its robotaxi business. The decision follows industry peers Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and Volkswagen AG (OTC:<a class="ticker" href="https://www.benzinga.com/stock/VWAGY#OTC">VWAGY</a>), who <a href="https://www.benzinga.com/news/22/11/29818363/ford-and-volkswagen-folded-argo-ai-after-failing-to-reach-deal-with-amazon">shuttered their self-driving venture</a> Argo AI in 2022.
Price Action: General Motors&#8217; stock closed at $52.74 on Tuesday, up 0.057%. In after-hours trading, the stock rose by 2.20%, to $53.90. Year to date, the stock has gained 46.30%.
According to <a href="https://www.benzinga.com/quote/GM/analyst-ratings">data from Benzinga Pro</a>, General Motors has a consensus price target of $56.10 from 24 analysts, with a high of $96 and a low of $28. The three most recent ratings from Morgan Stanley, Mizuho, and Bernstein suggest an average price target of $57, indicating a potential upside of 5.75%.
<figure class="wp-block-image size-large"><img decoding="async" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/10235011/Screenshot-2024-12-11-at-10.19.23%E2%80%AFAM-1024x377.png" alt="" class="wp-image-686519" /></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/movers/24/12/42428327/bitcoin-ethereum-dogecoin-mirror-stock-declines-ahead-of-crucial-inflation-data-release-top-analyst-says-buy-the-dip-predicts-275k-btc-target-2">Bitcoin, Ethereum, Dogecoin Mirror Stock Declines Ahead Of Crucial Inflation Data Release: Top Analyst Says &#8216;Buy The Dip,&#8217; Predicts $275K BTC Target</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

GOOG

GOOGL

VWAGY

Robotaxi Exit To 'Clear The Way' For GM To License Tesla FSD, Says Gary Black — Move Will Save The Mary Barra-Led Company $1B A Year

Market Summary

BABA

ORCL

Benzinga Market Summary: Chinese Stocks Fall On Weak Import Data, Oracle Misses Earnings And Revenue, Google Unveils Quantum Chip, Morgan Stanley Raises Tesla PT

- Reuters Citing House Hearing&nbsp;

WKHS

Postal Service Chief Defends Plan To Buy Rising Number Of Electric Delivery Vehicles

Editor&#8217;s Note: This story has been updated with a statement from Oshkosh.
President-elect Donald Trump&#8216;s transition team is reportedly considering canceling the U.S. Postal Service&#8217;s (USPS) contracts aimed at electrifying its delivery fleet.
What Happened: The move could be unveiled in the starting days of Trump&#8217;s new administration, Reuters reported, citing multiple sources familiar with the matter. 
The transition team is reviewing how it can undo the postal service&#8217;s multiple, expensive contracts including with Ford Motor Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) and Oshkosh (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) for battery electric delivery trucks, the report said. Breaking the contracts would be legally challenging, Reuters noted, given that the federal agency has its own governing board.
&#8220;Since we were selected to fulfill the NGDV (Next Generation Delivery Vehicles) contract in 2021, Oshkosh and the USPS have worked closely together to design and deliver a modernized fleet with a flexible mix of American-made electric- and gas-powered vehicles that will connect every home and business across the country. New vehicles are in service today, which have received overwhelmingly positive feedback from Postal Carriers, and we remain on track to meet all delivery deadlines,&#8221; Oshkosh told <a href="https://pro.benzinga.com/dashboard">Benzinga</a> in an emailed statement.
Ford, meanwhile, said it will not comment on stories related to customers&#8217; business proceedings.
USPS, however, did not respond to <a href="https://pro.benzinga.com/dashboard">Benzinga&#8217;s</a> request for comment.
Why It Matters: The U.S. Congress gave the USPS $3 billion in 2023 to buy EVs and charging infrastructure. The federal agency is planning to buy around <a href="https://www.benzinga.com/news/24/01/36752397/ford-electric-delivery-vehicles-siemens-charging-stations-shown-off-by-usps">66,000 electric vehicles by 2028. </a>
Trump, during his election campaign, had said that he would roll back the Biden administration&#8217;s push towards electrification. 
Reuters previously reported that his transition team is also planning to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41988194/trump-plans-to-erase-ev-tax-credit-analyst-says-its-net-bullish-calls-sell-off-wrong-knee-jerk-reaction">kill $7500 in consumer tax credit </a>on the purchase of electric vehicles. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/tech/24/12/42361181/more-than-tesla-rivian-customers-are-most-likely-to-return-to-the-brand-survey-shows" target="_blank" rel="noreferrer noopener">More Than Tesla, Rivian Customers Are Most Likely To Return To The Brand, Survey Shows</a></li>
</ul>
Photo courtesy: USPS

Trump's Transition Team Considering Undoing USPS's Contracts With Ford, Oshkosh For Electrifying Fleet: Report (Updated)

Macro Notification

Trump Transition Team Weighing Plan To Cancel Postal Service's EV Supply Contracts With Oshkosh, Ford; Effort To Unwind Postal Service EV Contracts Would Be Part Of A Broader Executive Order On EVs

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) said on Wednesday that the company sold 10,821 electric vehicles in the U.S. in November, marking a growth of 20.8% from last year, after its Mustang Mach-E SUV sales surged to balance the fall in sales of the F-150 Lightning EV pickup truck.
What Happened: The Mach-E was Ford&#8217;s best-selling EV last month in the U.S. with nearly 6,000 units sold. The E-transit electric van also docked significant growth in sales to collectively balance the 17% drop in Lightning sales.
Ford sold just 3,643 Lightning vehicles in November as compared to 4,393 in Nov. 2023. However, Mach-E sales rose from 4,294 to 5,938, and E-Transit sales from 271 to 1,240 units. 
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Model</td>
<td>Nov. 2024 Sales</td>
<td>Nov. 2023 Sales</td>
</tr>
<tr>
<td>Mustang Mach-E</td>
<td>5,938</td>
<td>4,294</td>
</tr>
<tr>
<td>F-150 Lightning</td>
<td>3,643</td>
<td>4,393</td>
</tr>
<tr>
<td>E-Transit</td>
<td>1,240</td>
<td>271</td>
</tr>
<tr>
<td>Total</td>
<td>10,821</td>
<td>8,958</td>
</tr>
</tbody>
</table>
</figure>
Ford said in October that it would halt production of the F-150 Lightning for six weeks from&nbsp;<a href="https://www.benzinga.com/markets/equities/24/10/41661764/ford-to-halt-f-150-ev-production-for-7-weeks-next-month" target="_blank" rel="noreferrer noopener">Nov. 18 to Jan. 6</a>&nbsp;at the Rouge Electric Vehicle Plant.
"We continue to adjust production for an optimal mix of sales growth and profitability,&#8221; a company spokesperson told&nbsp;<a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noreferrer noopener">Benzinga</a>&nbsp;about the decision.
The Lightning pickup truck is up against Tesla&#8217;s Cybertruck in the U.S. While Tesla sold 16,692 Cybertrucks in the third quarter, Ford sold only 7,162 units of the Lightning, according to data from<a href="https://www.benzinga.com/news/24/10/41325252/tesla-cybertruck-leads-the-pack-as-most-popular-ev-truck-in-us-in-q3-outselling-rivals-from-ford-gm" target="_blank" rel="noreferrer noopener">&nbsp;Kelley Blue Book</a>.
Why It Matters: Ford has a smaller EV lineup in the U.S. as compared to Tesla and General Motors. 
In August, Ford said that it is&nbsp;<a href="https://www.benzinga.com/top-stories/24/08/40496864/ford-scraps-electric-suv-as-it-adjusts-to-lower-electric-vehicle-demand" target="_blank" rel="noreferrer noopener">killing its plans to build a three-row electric SUV</a>, initially slated for production in 2025. The company also postponed its plans for a new electric version of its F-150 pickup to 2027 and said it will start making a new electric commercial van in 2026.
For the third quarter, Ford's EV segment called "Model e" reported an EBIT (earnings before interest and taxes) loss of $1.2 billion after&nbsp;<a href="https://www.benzinga.com/news/24/10/41597865/fords-ev-segment-weighed-down-by-pricing-pressures-competition-ceo-jim-farley-points-out-very-aggres" target="_blank" rel="noreferrer noopener">cost improvements were offset by industrywide pricing pressure</a>, taking its loss this year through the end of September to $3.7 billion. The company now expects a full-year EBIT loss of $5 billion from the segment.
Price Action: Ford shares closed down 2.8% at $10.44 on Thursday. The stock is down 14.14% year-to-date, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42283241/gm-to-sell-its-stake-in-jvs-new-battery-cell-plant-in-lansing-to-lg-energy-solution" target="_blank" rel="noreferrer noopener">GM To Sell Stake In Michigan Battery Plant To JV Partner For Nearly $1B</a></li>
</ul>
Photo courtesy: Ford

Ford EV Sales Surge In November On Strong Mustang Mach-E Sales Despite Drop In Lightning EV Pickup Popularity

Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) underwent analysis by 10 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">3</td>
<td align="right">5</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Ford Motor, presenting an average target of $11.9, a high estimate of $16.00, and a low estimate of $9.00. Experiencing a 9.3% decline, the current average is now lower than the previous average price target of $13.12. 
<img src="https://www.benzinga.com/files/images/story/2024/1733414428_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
A clear picture of Ford Motor's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Daniel Roeska</td>
<td>Bernstein</td>
<td>Announces</td>
<td>Market Perform</td>
<td>$11.00</td>
<td>-</td>
</tr>
<tr>
<td>Edison Yu</td>
<td>Deutsche Bank</td>
<td>Lowers</td>
<td>Hold</td>
<td>$10.00</td>
<td>$11.00</td>
</tr>
<tr>
<td>Tom Narayan</td>
<td>RBC Capital</td>
<td>Maintains</td>
<td>Sector Perform</td>
<td>$10.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$13.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Dan Levy</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$14.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Mark Delaney</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$13.00</td>
<td>$12.00</td>
</tr>
<tr>
<td>Adam Jonas</td>
<td>Morgan Stanley</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$12.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Adam Jonas</td>
<td>Morgan Stanley</td>
<td>Maintains</td>
<td>Overweight</td>
<td>$16.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Colin Langan</td>
<td>Wells Fargo</td>
<td>Lowers</td>
<td>Underweight</td>
<td>$9.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>Edison Yu</td>
<td>Deutsche Bank</td>
<td>Announces</td>
<td>Hold</td>
<td>$11.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ford Motor. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Ford Motor compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Ford Motor's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Ford Motor's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/F/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Ford Motor analyst ratings.</a>
<h2>Unveiling the Story Behind Ford Motor</h2>
Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has nearly 13% market share in the United States, about 11% share in the UK, and under 2% share in China including unconsolidated affiliates. Sales in the US made up about 66% of 2023 total company revenue. Ford has about 177,000 employees, including about 59,000 UAW employees, and is based in Dearborn, Michigan.
<h3>Unraveling the Financial Story of Ford Motor</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Over the 3 months period, Ford Motor showcased positive performance, achieving a revenue growth rate of 5.47% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 1.93%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Ford Motor's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.03% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Ford Motor's ROA stands out, surpassing industry averages. With an impressive ROA of 0.32%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 3.59, caution is advised due to increased financial risk.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
Breaking: Wall Street's Next Big Mover
Benzinga's #1 analyst just identified a stock poised for explosive growth. This under-the-radar company could surge 200%+ as major market shifts unfold. <a href="https://www.benzinga.com/premium/ideas/turning-point-trader-checkout-2/?t=Tu1tu3arja3be22tu36&amp;utm_source=benzinga-insights">Click here for urgent details</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Cracking The Code: Understanding Analyst Reviews For Ford Motor

Wolfe Research analyst Emmanuel Rosner downgrades Ford Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) from Peer Perform to Underperform.

Wolfe Research Downgrades Ford Motor to Underperform

Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) reported U.S. sales growth of 14.3% year-over-year to <a target="_blank" href="https://s201.q4cdn.com/693218008/files/doc_news/2024/Dec/04/Ford-U-S-November-2024-Sales-Release.pdf" rel="noreferrer noopener">166,373 </a>units in November.
This was driven by a 27.1% increase in F-Series trucks, a 38.3% surge in Mustang Mach-E sales, and a 20.8% Y/Y rise in EV sales.
The Lincoln brand experienced significant growth, with sales up 48.7% Y/Y. Electric vehicle sales growth in the U.S. was also led by an increase in E-Transit sales (+357.6% Y/Y).
However, with a drop in sales for its F-150 Lightning EV (-17.1% Y/Y) and Ford sold 10,821 electric vehicles in the month, with its Mustang Mach-E generating 5,938 unit sales.
Combustion engine vehicles sales rose 13.4% Y/Y, while Hybrid Vehicles sales surged 18.5% Y/Y.
Last month, the company reportedly slowed production of the electric Capri and Explorer at the Cologne factory in Germany <a target="_blank" href="https://www.benzinga.com/news/global/24/11/41969355/ford-cuts-capri-explorer-ev-output-due-to-significantly-lower-than-expected-demand-after-pausing-f-150-lightning-production" rel="noreferrer noopener">owing to&nbsp;slowing EV demand</a>.
Ford also said that it would pause the production of its&nbsp;F-150 Lightning pickup truck for six weeks through the end of the year at the Rouge Electric Vehicle Plant in Michigan.
Apart from this, Ford agreed to $165 million NHTSA penalty for delayed recalls of defective rearview cameras, marking<a target="_blank" href="https://www.benzinga.com/trading-ideas/movers/24/11/41982273/whats-going-on-with-ford-motor-stock-today-4" rel="noreferrer noopener"> second-largest fine in agency&#8217;s history</a>.
Investors can gain exposure to the stock via&nbsp;First Trust Nasdaq Transportation ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTXR#NASDAQ">FTXR</a>).
Price Action: Ford shares are down 1.71% at $10.64 at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42308219/ford-uk-chair-calls-on-govt-for-ev-incentives-of-up-to-5000-pounds-per-car-amid-weakening-demand-report" target="_blank" rel="noreferrer noopener">Ford UK Chair Calls For &#8216;Substantial&#8217; Incentives To Boost EV Demand: &#8216;We Need And Want To Sell Electric Vehicles&#8217;</a></li>
</ul>
Photo via Shutterstock.

Comments

Ford Motor

Noticias

Últimas noticias sobre Ford Motor (NYSE:F) Bolsa

La gente también mira

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL