Ford Motor (F) option IV amid union contract talks
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Ford (F) and partners to build $887M battery facility in Quebec
August 17, 2023 1:44 PM EDTFord (NYSE: F), alongside a consortium of South Korean companies, announced Thursday that the group would build a C$1.2 billion ($887 million) facility capable of producing electric vehicle battery materials in Becancour, Quebec.
According to Canada's industry ministry, the small 15,000 person town of Becancour on... More
UAW to hold a vote authorizing a strike as talks continue at slow pace
August 15, 2023 2:01 PM EDTUnion President Shawn Fain released a statement Tuesday indicating that negotiations with Detroit automakers continues to move at a snails pace and have yet to even address the issues surrounding wages and other economic issues.
The United Auto Workers union (UAW) boasts a membership of approximately 146,000 members who will vote next week on authorizing their leaders to call strikes against the Big Three. The unions contracts with General Motors (NYSE: GM), Ford (NYSE: F) and... More
Morgan Stanley remains Bullish as Ford (F) plans JV in China
August 15, 2023 8:42 AM EDTMorgan Stanley reiterated an Overweight rating on Ford Motor (NYSE: F) with a 12-month price target of $16.00 after documents released by China market regulators revealed that the automaker plans to setup a new-energy passenger car joint venture (JV) with state-owned Chongqing Changan Automobile.
According to this new JV, Changan Ford Motor will hold a... More
