Why Did Ford And Rivian Quit Their Electric Vehicle Alliance?

Why Did Ford And Rivian Quit Their Electric Vehicle Alliance?

Breakups are difficult—even friendly ones. But reassessment usually reveals problems that inform the future. So, it is questionable about the relationship between the century-old Ford Motor Company and the recently launched electric vehicle (EV) company, Rivian Automotive Inc. It’s meant to work—on paper. The big traditional manufacturers are joining forces with new startups offering all … Read more

Ford Motor (NYSE:F) Earns Analyst Resistant Rating at Berenberg Bank

Ford Motor (NYSE:F) Earns Analyst Resistant Rating at Berenberg Bank

Research analysts at Berenberg Bank begin coverage of stocks Ford Motor (NYSE:F – Earn Ratings) in a note issued to investors on Tuesday, Briefing.com reported. The broker set a “hold” rating and a $17.00 price target on the automaker’s stock. Berenberg Bank’s target price shows a potential increase of 27.15% from the current share price. … Read more

Ford Motor drives to CRM services for American SMEs with Salesforce in the passenger seat

Ford Motor drives to CRM services for American SMEs with Salesforce in the passenger seat

With the auto industry looking to diversify its revenue sources, Ford Motor Co. has teamed up with Salesforce to launch VIIZR, a CRM tool and field service targeted to meet the needs of small business owners in the US. VIIZR is a custom solution built on top of Salesforce Field Service which Ford says will … Read more

Coronavirus impact: Ford Motor projects $5 billion loss in Q2

Coronavirus impact: Ford Motor projects  billion loss in Q2

Ford Motor Co said on Tuesday its second-quarter loss would more than double to more than $5 billion from $2 billion in the first quarter due to the impact of the coronavirus pandemic, but added it had enough cash despite the crisis to last the rest of 2020. “We believe the company’s cash is sufficient … Read more

Ford in talks with other auto companies to handover Chennai units: TN govt

Ford in talks with other auto companies to handover Chennai units: TN govt

Ford Motor’s Maraimala Nagar plant looked deserted on Friday, a day after the company’s announcement announcing the closure of its plant. But much to the relief of some 2,600 workers, the state government said talks were ongoing between Ford and another auto company to take over the unit’s operations. “Talks are ongoing between Ford and … Read more

JPMorgan Chase & Co. Cuts Ford Motor Price Target (NYSE:F) to $21.00

Ford Motor (NYSE:F) Earns Analyst Resistant Rating at Berenberg Bank

Ford Motor (NYSE:F – Earn Ratings) price targets were lowered by analysts at JPMorgan Chase & Co. from $22.00 to $21.00 in a research report released Monday, The Fly reports. Target price for JPMorgan Chase & Co. will show a potential increase of 38.80% from the company’s current price. A number of other analysts also … Read more