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UAW to bargain next with Ford on new contract deal: sources
The United Auto Workers union is set to announce later on Friday it has chosen Ford Motor Co as the next U.S. automaker the union will negotiate with, sources briefed on the matter told Reuters......»»
Ford close to JV deal with Mahindra in India: sources
Ford Motor Co and Mahindra & Mahindra are likely to sign a deal next week to form a joint venture in India, two sources told Reuters, in a move that will see the U.S. carmaker end most of its independent operations in the country......»»
Philadelphia refinery could close for good - sources
Philadelphia Energy Solutions is expected to seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, sources tell Reuters. Fred Katayama reports......»»
Exclusive: Ford likely to end independent India business with new Mahindra deal - sources
Ford Motor Co is nearing a deal with Mahindra & Mahindra to form a new joint-venture company in India, a move that will likely see the U.S. automaker cease independent operations in the country, two sources with direct knowledge of the talks told Reuters......»»
Exclusive: Exxon weighs sale of Nigerian oil and gas fields for up to $3 billion
Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters......»»
Ford to ramp up Lincoln rollout in China in bid to catch rivals: sources
DETROIT/BEIJING (Reuters) - Ford .....»»
Red light: Ford facing hold-ups at China ports amid trade friction - sources
BEIJING (Reuters) - Ford Motor Co's imported vehicles are being held up at Chinese ports, three people with knowledge of the matter told Reuters, underscoring how U.S. goods are facing increased customs scrutiny in China amid a tense trade stand-off......»»
Ford scrambles to restart truck production after fire at supplier
DETROIT (Reuters) - Ford Motor Co is working with a key suppl.....»»
Ford Halts "All" Production Of F-Series Truck, "Temporarily" Lays Off Almost 8,000 Staff
Following a fire at a small auto parts-maker’s plant, the supply of key components has been cut off, forcing Ford to halt all production of it's most profitable and popular model - The F-150. As Reuters reports, the supplier, Chinese-own.....»»
Exclusive: Conoco moves to sell North Sea oilfields: sources
LONDON (Reuters) - U.S. oil major ConocoPhillips is preparing to sell its North Sea fields as the company focuses on shale operations in its home market, industry and banking sources said......»»
VW and Ford mull alliance to develop and make transporter vans: sources
FRANKFURT (Reuters) - Volkswagen and Ford are in preliminary talks over a development and production alliance for commercial transporter vans, two sources familiar with the matter said on Tuesday......»»
Ford"s CEO is trying to hype up dealers as the company"s problems mount (F)
Jason Lee/Reuters Ford Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week. In closed-door meetings with member.....»»
Ford plans to develop two dedicated all-electric vehicle platforms, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Why Morgan Stanley Cut Lordstown Motors Price Target
Lordstown Motors Corp (NASDAQ: RIDE) has faced significant challenges being a public company in the first two quarters and needs to seek alternative sources of capital, according to Morgan Stanley. Latest Ratings for RID.....»»
Ford Set To Announce EV Battery Joint Venture With SK Innovation Thursday: Report
Ford Motor Co (NYSE: F) and South Korean battery maker SK Innovation are close to announcing a battery joint venture in the United States to aid the maker of the F-150 Lightning truck boost its electric vehicle roll-out, Reuters read more.....»»
Ford to announce EV battery joint venture with SK Innovation, Reuters reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Copper price hikes to drive up short-term profits at copper foil vendors
Rising international copper prices may drive up profits for copper foil vendors in the short term, but they face new challenges to their long-term business operations, according to PCB supply chain sources......»»
Tesla has scrapped plans to expand its Shanghai Model 3 factory, and will slow production in China because of US-Beijing tensions, according to a report
The expanded Shanghai plant, which makes Model 3 and Model Y cars, would have allowed Tesla to produce 200,000 extra vehicles, sources told Reuters. Elon Musk walks with former Shan.....»»
Watch: Temple Mount Is On Fire Near Aqsa Mosque As Jerusalem Unrest Intensifies
Watch: Temple Mount Is On Fire Near Aqsa Mosque As Jerusalem Unrest Intensifies.....»»
High trucking costs are expected to last through 2021, adding to retailers" challenges
Retailers like Bed Bath & Beyond and General Mills have sounded the alarm on the higher costs, which are further complicating a labor shortage and other issues. Bob Riha Jr./Reuters Bob Riha Jr./Reute.....»»