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At Close: Jun 03, 2026
Ford And GM Could Soon Be Getting Into The Semiconductor Production Business
12:20am, Saturday, 20'th Nov 2021 Zero Hedge
Ford And GM Could Soon Be Getting Into The Semiconductor Production Business There''s no better reminder of how markets adapt to problems than the free market finding solutions to roadblocks in an industry. That''s what''s happening in automotive, where it appears that Ford and GM are going to start vertically integrating - by producing - to solve their semiconductor woes. Both automakers are looking to get into the semiconductor business, a new report from the WSJ claims . In fact, Ford has already outlined a strategic agreement with GlobalFoundries to develop chips in a move that "could eventually lead to U.S. production". The partnership is focused on "producing higher-end chips that would go into vehicles several years out," WSJ wrote. Chuck Gray, Fords vice president of vehicle embedded software and controls, said: We feel like we can really boost our product performance and our tech independence at the same time. Ford is considering bringing chip development in-house, the report says.
Ford, Rivian abandon plans to jointly develop electric vehicle
12:02am, Saturday, 20'th Nov 2021 Seeking AlphaFord and Rivian no longer plan to work jointly on electric vehicles.
12:00am, Saturday, 20'th Nov 2021 New York Times
Ford remains an investor, but its own E.V. development plans have progressed since the partnership was announced.
Ford Scraps Joint EV Plans with Rivian, Will Make Cars on its Own
10:08pm, Friday, 19'th Nov 2021 Tesla North
Ford and Rivian had plans to jointly develop an electric vehicle together, but that idea has been canceled, confirmed both companies to Automotive News. According Read more The post Ford Scraps Joint EV Plans with Rivian, Will Make Cars on its Own appeared first on TeslaNorth.com .
Some Ontarians receive scam texts after booking vaccination appointments
09:52pm, Friday, 19'th Nov 2021 CityNews Toronto
CityNews has learned that spam text messages are being sent out to some Ontarians who have book vaccination appointments through the provincial booking system. The ford government says it has received reports of the text messages from a small number of individuals who have scheduled appointments through the system. “Ontarians should be aware these texts […]
Ford shelves plans for joint EV project with Rivian
09:12pm, Friday, 19'th Nov 2021 Breaking the News 24/7
Ford Motor Company announced on Friday it has decided to drop its plans to develop electronic vehicles (EV) together with Rivian Automotive Inc. Ford Chief Executive Officer (CEO) Jim Farley explaine
Automakers Getting Into The Semiconductor Chip Business
09:07pm, Friday, 19'th Nov 2021 ValueWalk
In his Daily Market Notes report to investors, while commenting on Ford entering the semiconductor chip business, Louis Navellier wrote: Infrastructure Bill Will Increase Inflation Our survey this week revealed that 85% of retail investors believe that the recently passed infrastructure bill will increase inflation. One respondent called it throwing gas on a fire. The []
Ford drops plan for Rivian-powered EV
08:29pm, Friday, 19'th Nov 2021 The Verge
Ford and Rivian have dropped plans to collaborate on a new electric vehicle. The companies first said they were working on an electric vehicle based on Rivians platform in 2019, when Ford invested $500 million in the startup.
Ford doubles EV goal for 2023 and has a new semiconductor partner to help
07:29pm, Friday, 19'th Nov 2021 Teslarati
Ford made several leaps forward in its push toward electric vehicles today. Ford CEO Jim Farley stated that the automaker has now doubled its electric vehicle production goals to 600,000 units by 2023. Ford also signed a non-binding contract with GlobalFoundries, a global leader in feature-rich semiconductor chip manufacturing. CEO Jim Farley said yesterday that [] The post Ford doubles EV goal for 2023 and has a new semiconductor partner to help appeared first on TESLARATI .
PrairieView Partners LLC Grows Stock Position in Ford Motor (NYSE:F)
07:06pm, Friday, 19'th Nov 2021 Transcript Daily
PrairieView Partners LLC lifted its stake in shares of Ford Motor (NYSE:F) by 25.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,273 shares of the auto manufacturers stock after purchasing an additional 2,929 shares during the quarter. PrairieView Partners LLCs []
DENSO Receives Automotive Innovation Award for Collaboration with Ford Motor Company on Respirator Components
06:58pm, Friday, 19'th Nov 2021 Business Insider Markets
SOUTHFIELD, Mich., Nov. 19, 2021 /PRNewswire/ -- Ford Motor Company and DENSO have received an Automotive Innovation Award from…
Ford Motor Company Announces Accepted Amounts and Pricing of Cash Tender Offers
06:02pm, Friday, 19'th Nov 2021 Business Wire
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (Ford or the Company) announced today the consideration payable in connection with its previously announced cash tender offers (each, a Tender Offer and collectively, the Tender Offers) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July 2031, 9.980% Debentures due February 2047, 8.900% Debentures due January 2032, 8.500% Notes due April 2023, 7.500% Debentures due August 2026, 7
McCarthy Stalls, Europes COVID Surge, Mad Love for Ford, Apples Car Play
03:57pm, Friday, 19'th Nov 2021 Techtelegraph
Across the nation, swaths of nine-to-fivers look forward to Friday all week long. Every week. This week, they are joined by their Democratic Party representatives in the lower chamber of the legislative branch of the U.S. government. House Minority Leader Kevin McCarthy of California took the podium late on Thursday night and slammed the presidents [] The post McCarthy Stalls, Europes COVID Surge, Mad Love for Ford, Apples Car Play appeared first on TECHTELEGRAPH .
DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company (“Ford” or the “Company”) announced today the early tender results and upsizing of its previously announced cash tender offers (each, a “Tender Offer” and collectively, the “Tender Offers”) to purchase its outstanding 9.000% Notes due April 2025, 9.625% Notes due April 2030, 7.45% GlobLS due July 2031, 9.980% Debentures due February 2047, 8.900% Debentures due January 2032, 8.500% Notes due April 2023, 7.500% Debentures due August 2026, 7.125
Caught In A Trap...
12:41pm, Friday, 19'th Nov 2021 Zero Hedge
Caught In A Trap Authored by Bill Blain via MorningPorridge.com, Lets dont let a good thing die, When honey, you know Ive never lied to you How much longer can the market madness continue? Traditionally they remain irrational for longer than you can stay solvent. Central banks must be terrified damned if they act, damned if they dont. The basis of markets is under threat from unbridled speculation fuelled by their actions. I have some wildly speculative, inflammative and barely connected Friday thoughts for you all. Earlier this week I posted an porridge: Lets dance.. forget reality about all the signals pointing to massively overbought markets. They leave me nervous. Yet, there is high probability markets could stay this way for longer; juiced by the inability of central bankers to face up to the consequences of their actions over the last decade. If the distortions that have fuelled the devasting inflation of financial assets over the last decade were to end there will be a crisis.
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