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US Could Cut Canadian Auto Tariffs to 15%, Aluminum and Steel to 25% Under Proposed Trade Deal: Report
benzinga_article·7 hours ago
- The United States and Canada are reportedly nearing a trade agreement to reduce tariffs on Canadian auto imports to 15 % and steel and aluminum to 25 %. - The proposed auto tariff rate could be reduced further based on the volume of U.S. - sourced content in vehicles, while the metal tariffs would apply up to a 4 million metric ton volume. - Negotiators face a Saturday deadline before tariffs on 20 billion dollars worth of Canadian goods take effect following a paused 50 % tariff period.
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118,110 Shares in Ford Motor Company $F Bought by Meeder Advisory Services Inc.
Market Beat·3 hours ago
- Meeder Advisory Services Inc. acquired 118,110 shares of Ford Motor Company valued at approximately $1,642,000 during the 2nd quarter. - Ford Motor Company reported a quarterly revenue of $48.30 billion and earnings per share of $0.42 for the quarter ending in July. - Institutional investors and hedge funds currently own 58.74% of the auto manufacturer's stock.
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Geely Auto profit slips, cushioned by overseas sales
MSN·Aug 17 at 12:00 AM
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Geely Auto's Exports Cushion Weak Chinese Demand as Profit Slips — Update
MorningStar·Aug 17 at 03:59 AM
- Geely Automobile reported a 1.8% drop in net profit to 9.09 billion yuan for the first half of 2026, alongside a 15% increase in revenue to 173.60 billion yuan. - Strong overseas deliveries exceeding 474,288 units and robust luxury EV sales helped cushion weak domestic demand and improved the gross profit margin by 1.6 percentage points to 17.9%. - The company also established a manufacturing partnership with Ford in Spain to localize EV production and mitigate potential European Union tariffs.
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Trending | F Increases 4% on Wednesday, Some Call options Soar 700%
Options Flow·8 hours ago
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Turning millions of Teslas and Mach-Es into V2L power stations: WETOX D2 earns world’s first Next-Gen V2X certification from SGS
Electrek·Aug 15 at 11:00 AM
- WETOX launched the D2 power adapter to provide vehicle-to-load capability for millions of existing electric vehicles like Teslas and Ford Mustang Mach-Es that lack native bidirectional power. - The product earned the world's first Next-Gen V2X certification from SGS, leveraging the company's 4 years of V2L development experience for North American and European markets. - The company launched the adapter via a Kickstarter campaign, which has successfully raised over $120,000 from backers.
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The US Army Takes Another Step Towards EVs
cleantechnica·2 days ago, 08:26 AM
- The US Army is advancing its vehicle electrification efforts by launching the ISV-H program to replace outdated Humvees with lighter, more agile tactical vehicles capable of delivering significant onboard power for electronic systems. - BC Customs, Ford, and General Motors are producing prototypes for the program, with BC Customs partnering with Raglan to supply advanced electronic control and export power systems. - The Army's broader electrification push includes testing hybrid concepts like the SXV-EV1 dual-mode vehicle, anti-idling kits, and the hybrid M1E3 Abrams tank to enhance tactical advantages and energy efficiency.
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Blue Bird (BLBD) Q3 2026 Earnings Call Transcript
Motley Fool·Aug 13 at 09:31 AM
- Blue Bird reported Q3 2026 revenue of $517.2 million and adjusted EBITDA of $71.4 million, beating guidance and raising its full-year revenue guidance midpoint to $1.74 billion to $1.76 billion. - The company expanded its collaboration with Ford Motor Company and acquired Detroit Chassis LLC assets for $7 million to enter the Class 5 to 6 commercial strip chassis market. - Management updated its long-term revenue outlook to approximately $3 billion, driven by the new chassis partnership and the full consolidation of Micro Bird.
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Ford’s $2B Louisville plant overhaul gears up for Fathom EV production
FOX Business·Aug 13 at 09:13 AM
- Ford Motor Co. is investing $2 billion to overhaul its Louisville Assembly Plant in Kentucky to manufacture the new Fathom midsize electric truck by 2027. - The renovation is part of a broader $5 billion investment aimed at creating 4,000 jobs across facilities in Kentucky and Michigan. - The new Universal EV Production System introduces advanced manufacturing techniques that enable the Fathom to be assembled 40% faster than current plant products.
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Ford Motor Co. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
MarketWatch Automated·16 hours ago
- Ford Motor Co. shares rallied 4.09% to $14.50 on Wednesday, snapping a two-day losing streak during a positive trading session for the broader stock market. - The company's stock underperformed competitor Tesla Inc., which rose 4.23% to $351.12, while outpacing General Motors Co. and NIO Inc. ADR. - Trading volume reached 50.4 M, staying 321,865 below the 50-day average volume of 50.8 M as the stock closed 18.45% short of its 52-week high of $17.78.
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Ford’s EV pickup is almost here, promising much more than an affordable price tag
Electrek·Aug 13 at 08:00 AM
- Ford announced that its new midsize electric pickup, the Fathom, will start at $ 28,350 and go on sale in early 2027. - Production of the first vehicle based on the Universal EV platform is scheduled to begin at the Louisville Assembly Plant in the first quarter of 2027. - The company previously transformed the 3-million-square-foot facility from a gas-powered vehicle plant into a dedicated electric vehicle production site.
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Ford To Move Some Production From China To U.S.
Baystreet·Aug 13 at 10:06 AM
- Ford Motor Co. plans to shift production of certain Lincoln SUV models from China to the U.S. starting in 2030. - This relocation is driven by heavy tariffs and regulatory restrictions on Chinese-made vehicles and technology. - Rival automakers like General Motors are also moving production back to the U.S. to avoid these duties.
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Detroit giant plans major luxury vehicle manufacturing expansion in America
FOX Business·Aug 12 at 07:26 PM
- Ford Motor Company announced plans to expand U.S. manufacturing for its Lincoln vehicles by 2030, ending imports of the luxury brand from China for American customers. - The expansion aims to generate thousands of direct and indirect domestic jobs, building on a U.S. footprint that produced over 2 million vehicles in 2025. - Specific investment amounts, plant locations, and the future production sites for models like the China-built Nautilus remain undisclosed amid broader industry tariff and trade policy pressures.
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Ford’s US manufacturing expansion to bring ‘thousands and thousands of jobs’: Lutnick
FOX Business·Aug 13 at 12:10 PM
- Ford plans to expand U.S. production of Lincoln vehicles by 2030, ending imports of the luxury brand from China for American customers. - Commerce Secretary Howard Lutnick stated that this manufacturing expansion and ongoing auto tariffs will generate thousands of direct and indirect domestic jobs. - The company assembled more than 2 million vehicles in the U.S. in 2025, though specific investment amounts and plant locations for the upcoming production have not been disclosed.
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BankThink Not every company that wants a bank charter ought to get one
American Banker·2 days ago, 06:32 AM
- Industrial bank charters offer a balanced approach to financial innovation and safety, with recent approvals for companies like Ford and General Motors highlighting this trend. - Applicants must meet rigorous standards for capital, liquidity, governance, and management expertise to ensure the stability of the insured banking system. - Only companies capable of fulfilling these strict requirements and operating durable, responsible business models should be granted an industrial bank charter.
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