- Ford Motor Co. shares slid 1.11% to $ 13.35 on Wednesday, marking the stock's third consecutive day of losses amid a broader market downturn.
- The company's stock closed 24.92% below its 52-week high of $ 17.78 reached on May 29.
- Trading volume reached 50.9 M, eclipsing its 50-day average volume of 47.4 M while competitors showed mixed performances.
- Ford announced plans to transition the F-150 Lightning from a fully electric vehicle to an Extended Range Electric Vehicle hybrid, extending its driving range to over 700 miles.
- This strategic shift and scaling back of the EV initiative led to a fractional decline in Ford shares during Wednesday trading.
- Wall Street analysts maintain a Moderate Buy consensus on Ford stock with an average price target of $ 16.29 per share.
- Sherwood Ford is hosting the Ford × Oilers Dealer Days community event on September 26, 2026, featuring Edmonton Oilers personalities to support local families.
- The event aims to raise funds for A Safe Place, an emergency shelter for women and children fleeing domestic violence, including a $30 contribution per test drive.
- Attendees can enjoy family activities, win prizes, and interact with Oilers alumnus Louie DeBrusk and mascot Hunter while supporting the shelter's ongoing community initiatives.
- General Motors is struggling to capitalize on a surge in U.S. hybrid vehicle sales driven by gasoline prices reaching an average of $4.37 per gallon.
- While GM previously focused heavily on fully electric vehicles and skipped offering mainstream hybrids, competitors like Toyota and Honda are capturing market share with high-volume hybrid models.
- GM is not expected to release a new hybrid in the U.S. until near the end of the decade, leaving the automaker vulnerable to sustained high fuel prices.
- General Motors is promoting its connected car and software platforms like OnStar as a core recurring revenue engine to offset heavy EV spending and manufacturing pressures.
- Consensus analyst forecasts project General Motors to achieve US$ 195.5b in revenue and US$ 8.2b in earnings by 2029, with profit margins expanding from 1.0% to 4.2%.
- The investment narrative hinges on whether high margin digital subscriptions can grow fast enough to counteract tariff headwinds, warranty costs, and capital intensity.
- General Motors is releasing a new in-vehicle software experience starting later this year with redesigned Chevrolet Silverado and GMC Sierra pickup trucks.
- The smartphone-like system features customizable controls, a redesigned Super Cruise interface, and a window-in-window display for Apple CarPlay and Android Auto.
- The automaker aims to enhance the digital customer experience and reduce cognitive load, with plans to expand the software across its broader portfolio.
- Ford announced that the 2027 F-150 will feature BlueCruise with Towing, enabling hands-free interstate driving with trailers up to 10,000 pounds.
- The software update addresses complex variables like cargo weight and trailer length, applying to trims from the XLT up.
- The system requires accurate trailer profiles, limits operation to speeds under 75 mph, and excludes automated lane changes or construction zones.