Automotive

Ford Shares Bounce

OEMs have their own corner of the ecosystem, but they are still part of it. While currently in different situations, GM, Ford, Honda, and Toyota, are each finding perspective and stability that will spread up and down the supply chain with time.
No items found.
Ford Shares Bounce

Like an extra nugget in your happy meal, Ford's Q2 reports are surprising, but in a good way 🐔. The company said its adjusted operating income more than tripled year-over-year to $3.7B. More chips and vehicle deliveries propelled the growth, leading to a 6% increase in share values. 

Despite the ongoing challenges and complexity of splitting EV from ICE, Ford execs stand beside its full-year projections despite inflation concerns. 

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.