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Ford Motor, however, is having a better year.There are good reasons for that.Through Friday trading, Ford stock was up about 40% this year, more than five times the 7% gain of Tesla. Three things are mainly responsible for the increase: tariffs,
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
Big Three automaker Ford reported third quarter results after the bell that topped results, but projects financial hits due to the aluminum plant fire that impacted Ford's franchise F-150 pickups and SUVs.
Ford beat Q3 estimates with strong ICE demand, solid cash flow, and attractive valuation supporting long-term profitability. Read why F stock is a strong buy.
Ford sold a record number of hybrid vehicles in the third quarter. Still, it will have a high bar to clear after GM boosted profit expectations for the year.
Ford Motor Co. expects a profit hit of as much as $2 billion after a devastating fire at a key supplier of aluminum for its top-selling F-150 pickup truck, overshadowing financial results that exceeded expectations.
Coppola resisted bringing "Megalopolis" to streaming platforms, because he believes it needs to be screened in a theater. Within months of its release, he was telling people he was broke.
Ford (F) has halted production of its electric pickup truck at the Rouge EV Center in Michigan following a fire at an aluminum supplier’s factory. The F-150 Lightning will remain on pause as Ford focuses on more profitable gas and hybrid F-Series trucks.