Articles by tag: Ford

2023 MotorTrend Truck of the Year and Which Five Mean Machines Stack Up

2023 MotorTrend Truck of the Year with Grant Harrell
https://marketscale-4.wistia.com/medias/rw9eug5qu3?embedType=async&seo=false&videoFoam=true&videoWidth=640 2023 MotorTrend Truck of the Year is in. Five mean machines competed for Read more

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clean energy wind turbines
Clean Energy Sets $1.1 Trillion Record That’s Bound to Be Broken
January 26, 2023

(Bloomberg) — Last year was a double milestone for decarbonizing the world’s energy system. It was the first year when investment in the energy transition equaled global investment in fossil fuels, according to the latest data release from clean energy research group BloombergNEF. The money flowing into the upstream, midstream and downstream segments of oil and gas, and […]

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American Airlines airplane in terminal
American Airlines Sees Profit Above Estimates on Steady Demand
January 26, 2023

(Bloomberg) — American Airlines Group Inc. expects profit this year to exceed estimates following a slow start, as steady demand for air travel keeps an industry recovery going into 2023. Full-year adjusted earnings will be $2.50 to $3.50 a share, the Fort Worth, Texas-based carrier said in a statement Thursday that also detailed fourth-quarter results. […]

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Chipotle workers making burrito
Chipotle Seeks to Hire 15,000 Workers Amid Tech Layoffs
January 26, 2023

(Bloomberg) — Chipotle Mexican Grill Inc. is adding 15,000 jobs across its North American locations — a sign that demand for restaurant food is robust despite high inflation and economic uncertainty. The burrito chain’s hiring push is meant to ensure its more than 3,000 US restaurants are fully staffed for the company’s busiest season, which […]

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2023 MotorTrend Truck of the Year and Which Five Mean Machines Stack Up
December 31, 2022

2023 MotorTrend Truck of the Year is in. Five mean machines competed for the 2023 MotorTrend Truck of the Year including the F-150, Silverado, Tundra, Sierra, and Ram 2500. Who was the winner? The Ford F-150 Lightning electric pickup truck won based on six different criteria. As only the second electric vehicle to unanimously […]

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Texas Put Up Millions to Lure a Samsung Plant and Won. Will It Pay Off?
November 25, 2021

(Bloomberg) — Landing Samsung Electronics Co.’s massive new chip plant didn’t come cheap for Taylor, Texas. The question now is whether the investment will pay off. State and local officials offered a raft of incentives to lure the plant to the town, which is in Austin’s northeastern suburban fringe. It all could amount to hundreds […]

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Is Ford’s Promotion Spree Enough to Appease Labor and Meet EV Production Demand?
October 25, 2021

Key Points: Ford’s promotion spree has seen hundreds of part-time workers promoted to full-time status. Many are trying to figure out why Ford made the decision ahead of their UAW deadline. The promotions seem to be a result of auto industry strikes and the labor movement. Commentary: Ford has recently promoted hundreds of their […]

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The Ford Maverick Speeds Past an Early Milestone
August 26, 2021

The Ford Maverick doesn’t hit the roads until 2022, but that hasn’t stopped it from speeding past a milestone. The CEO of Ford, Jim Farley, announced the new hybrid truck has surpassed 100,000 pre-orders. We wanted to ask car expert and freelance writer Christopher Tepedino: What makes this particular truck so attractive to consumers, and […]

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GM Undershoots Estimates on Chip Dearth, Lifts Full-Year Outlook
August 4, 2021

(Bloomberg) — General Motors Co. missed analysts’ profit estimates for the latest quarter but raised its full-year guidance as rich margins on pickups vied with nagging production cuts at its North American factories from a global semiconductor shortage. Soaring new-vehicle prices on high-margin pickups couldn’t make up for supply chain issues in the second quarter […]

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Carmakers Learn to Live With Chip Shortage: Auto Sales Update
July 2, 2021

(Bloomberg) — Automakers’ sales soared in the second quarter as resurgent consumers snapped up sport utility vehicles and pickups, but thin inventories created by the global semiconductor shortage are tempering the pace of the industry’s recovery. General Motors Co., Toyota Motor Corp. and others said Thursday that their sales soared in the most recent quarter, […]

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Ford CEO: “We were able to offset almost all of the chip shortage impact.”
May 24, 2021

On the heels of the new electric F-150 announcement, Ford CEO Jim Farley claims that the company was able to offset most of the chip shortage impact in Q1 of this year. Watch or read below to see the rest of Farley’s comments on the chip shortage and the anticipated trajectory of the automaker.   […]

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Ford Unveils the Electric F-150, Aims to Shake up the EV Market
May 21, 2021

(Bloomberg) — Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator. In about four seconds, she says, “We’re at 60” miles per hour. Then, a heartbeat later as the G-forces bear down, “We’re […]

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Automakers Forced to Adapt to Chip Shortages
May 7, 2021

Automakers are feeling the pain of a global shortage of semiconductors, forcing companies to halt production of certain vehicles while others are removing some options that rely heavily on chips. Watch below to hear how these automakers are adapting to this shortage.   Host: Let’s get over to Tara Patel. She wrote today’s Bloomberg big […]

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