Ford’s Latest Supply-Chain Snarl: Not Enough Blue Oval Badges

Ford’s Latest Supply-Chain Snarl: Not Enough Blue Oval Badges

Ford F -3.60% Motor Co. has delayed deliveries of certain vehicles because it didn’t have the blue oval badges that go on them, in another example of how supply-chain challenges have hit auto makers. The car company has run into supply constraints with the brand-name badges and the nameplates that specify the model, according to … Read more

Ford Warns Parts Shortages, Higher Supplier Costs Are Expected to Affect Earnings

Ford Warns Parts Shortages, Higher Supplier Costs Are Expected to Affect Earnings

Ford Motor Co. on Monday warned third-quarter earnings would be affected by about $1 billion in higher-than-anticipated supplier costs and parts shortages that have led to unfinished vehicles it couldn’t sell during the period. The Dearborn, Mich., auto maker reaffirmed its year-end guidance for 2022, projecting adjusted operating results for the third quarter would fall … Read more

GM Reinstates Dividend. Ford’s Yield Is Higher.

GM Reinstates Dividend. Ford’s Yield Is Higher.

Text size GM stock was rising after the auto maker said it was reinstating its dividend. Bill Pugliano/Getty Images American automotive giant General Motors is returning capital to shareholders again—and its stock rose Friday. The market reaction, however, lagged behind the boost Ford Motor (ticker: F) shares received when that company reinstated quarterly payments to … Read more

Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill

Tesla, EV Makers Stand to Get Billions for Factories From Senate Bill

The Senate climate bill passed over the weekend offers billions of dollars for electric-vehicle and battery factories, and includes rules that the auto industry says will make it tougher for some consumers to qualify for EV tax breaks. The bill, which passed 51-50 on Sunday, sets aside more than $15 billion to retool factories and … Read more

General Motors’ Income Tumbles 40% on China Loss, Parts Shortages

General Motors’ Income Tumbles 40% on China Loss, Parts Shortages

General Motors net profit tumbled 40% in the second quarter, hurt by a loss in China and supply-chain troubles that left the company with tens of thousands of unfinished vehicles it couldn’t sell during the period. GM executives reaffirmed the auto maker’s full-year profit outlook, saying they expect production to increase sharply in the second … Read more

VW Board Ousts CEO Herbert Diess After Pivot to Electric Vehicles

VW Board Ousts CEO Herbert Diess After Pivot to Electric Vehicles

Key shareholders in Volkswagen joined forces with labor leaders to oust Chief Executive Officer Herbert Diess, who was in the midst of a push to turn the German auto company into a top maker of electric vehicles. Mr. Diess will be succeeded by Oliver Blume, CEO of VW’s sports-car maker Porsche AG and long an … Read more

World Court says it has jurisdiction, Myanmar genocide case to proceed

World Court says it has jurisdiction, Myanmar genocide case to proceed

Court rules case brought by Gambia can proceed Any full hearing could take years Myanmar denies genocide THE HAGUE, July 22 (Reuters) – The World Court on Friday rejected Myanmar’s objections to a genocide case over its treatment of the Muslim Rohingya minority, paving the way for the case to be heard in full. Myanmar, … Read more

Canadiens, Slafkovsky have night to remember at Draft

Canadiens, Slafkovsky have night to remember at Draft

“From the Slovakian national team …” Montreal Canadiens general manager Kent Hughes said as he announced the No. 1 pick in the 2022 Upper Deck NHL Draft at Bell Centre on Thursday. Immediately, there came a loud mix of gasps and cheers. The home fans knew that meant the Canadiens were selecting forward Juraj Slafkovsky, … Read more

Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry

Ford’s U.S. Sales Increase 32% in June, Outpacing Broader Industry

Ford Motor reported a nearly 32% increase in U.S. sales in June, beating out much of the industry as it improved truck and SUV deliveries and benefited from the rollout of a new all-electric pickup. Overall, U.S. auto-industry sales in June were down 11%, according to Ford, reflecting continuing difficulties replenishing dealership lots and sky-high … Read more

How GM Is Going All In On Electrification | CNBC Marathon – CNBC

How GM Is Going All In On Electrification | CNBC Marathon – CNBC

How GM Is Going All In On Electrification | CNBC Marathon  CNBC