Track market-moving stories before they get noisy

Ford (F) is rated Buy, with improving earnings quality and potential for upward estimate revisions driven by premium product mix and operational enhancements. Premium and off-road variants, sharing 80%+ parts with base models, are boosting margins and attracting a younger, wealthier customer base. Normalization of aluminum supply and additional Super Duty capacity are set to lift profitability, with lean dealer inventory supporting sales growth.

Ford's multibillion-dollar EV ambitions collapsed faster than almost anyone predicted, and the company's bold plan to rebuild from scratch raises more questions than it answers.

Ford’s (NYSE: F | F Price Prediction) first attempt to conquer the EV world was supposed to cost $30 billion. By the end of the decade, a huge share of its new-car sales would be EVs. They would sell hundreds of thousands a year. They even used two of their iconic brands for EV launches. The F-150 Lightning was named after America’s best-selling vehicle for decades. The Mustang Mach-E was named after one of the best-selling cars in Ford history.

Ford has finally run out of EVs just as it tries to enter the sector again

In July, Ford sold only 141 Lightning units, down 95% from the year before. That is less than five a day across the entire US. Ford sold 1,863 Mach-Es, down 64.9%. Inventory for both must be near zero.

Ford has made an odd decision about re-entering the EV segment. It will build and sell just one vehicle. It will cost a fortune to get it off the assembly line, and Ford has not said what it will introduce behind it. The Fathom is a small EV pickup, which will sell for under $30,000. Its feature list is close to what you would get on a Tesla. But Tesla had them years ago.

Ford will build the Fathom using the Universal EV Production System. It is, says Ford, the largest advance in assembly lines since the one Henry Ford created to make the Model T. Here is the most astonishing thing. Of all the huge car companies in the world, all the new Chinese EV companies, and the EV segment led by Tesla (NASDAQ: TSLA), no other car company has been able to create a similar, wildly advanced assembly line. Ford, and only Ford, has figured this out. Impossible? No. Very improbable? Yes

The sun has finally set on what was to be the worst decision in Ford’s history. It is rising on one that is meager, with one small vehicle to be sold into a US market that does not want EVs.

Contact [email protected] for any questions or corrections.

Copper Is the AI Trade No One Priced In—3 Miners With the Most to GainFord Motor NYSE: F is reshaping its software and digital-services strategy around a more connected ecosystem spanning vehicle hardware, software, mobile applications and dealer service, according to Mike Aragon, the company’s president of integrated services.

Speaking with Goldman Sachs analyst Mark Delaney, Aragon said Ford has moved away from managing digital products such as BlueCruise and Ford Pro Intelligence as separate offerings. Instead, the company is seeking to make them work as a unified system that improves over time through vehicle data, over-the-air updates and service connections.

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3 Stocks Built for Higher Rates—And 2 That Could Break“It’s not about generic products,” Aragon said. “It’s really about building a software layer on top of the vehicles that our customers already love.”

Focus on activation and engagement Aragon described Ford’s digital-services “flywheel” as consisting of four stages: scale, activate, engage and monetize. The company has about 14 million connected vehicles in its installed base, he said, providing a foundation for digital offerings including connectivity services and the BlueCruise hands-free driving system.

FB Financial's Southern Expansion and Buybacks Drive Analyst OptimismActivation at the dealership is particularly important, according to Aragon. Ford tracks how quickly customers use the specific product they purchased, such as their first BlueCruise or connectivity engagement, and seeks to remove friction from that process.

Aragon said Ford has found a correlation between dealer training, early product usage and longer-term customer engagement. Customers who do not use BlueCruise early may forget about the feature, while early and frequent use has been associated with greater retention, he said.

Ford is working with dealers through incentive payments, sales coaching and a digital delivery tool designed to help salespeople walk customers through the products and services included with their vehicles. The Ford app also provides another channel for customer education and activation.

While subscription revenue remains important, Aragon said his team places significant emphasis on engagement as a leading indicator. He said customers who use multiple parts of Ford’s ecosystem appear to be “stickier,” though he described the company’s observations as still being in the early stages.

BlueCruise and subscriber metrics Ford’s BlueCruise-equipped vehicle installed base has grown from 1.2 million vehicles last year to 1.5 million currently, Aragon said. The company has 1.6 million customers paying for digital services after vehicle purchase, excluding free trials and services included for a defined duration at the time of purchase.

About 200,000 of Ford’s 1.6 million paid subscribers are BlueCruise customers, a figure Aragon said increased 170% year over year. Ford has 530,000 total BlueCruise subscribers, including customers whose access is included with their vehicle for a duration. That figure rose 40% year over year, according to Aragon. Blended average revenue per user across Ford Pro and retail customers is now $14 per month, up from the approximately $10 monthly Ford Pro figure previously discussed by the company. Aragon said the higher blended ARPU reflects a mix of additional features, customers moving into higher-value Ford Pro offerings such as managed maintenance, and a greater contribution from BlueCruise.

He added that Ford views BlueCruise growth as evidence that digital features can influence purchase decisions. On the commercial side, he said fleet buyers are increasingly asking about fleet-management portals, vehicle data controls and uptime in addition to traditional vehicle specifications such as towing capacity and cargo space.

Ford Pro integrates vehicle, software and service offerings Ford Pro had more than 900,000 subscribers last quarter, up about 20% year over year, according to Delaney. Aragon said Ford Pro’s offerings are built around four areas: data services delivered through application programming interfaces; telematics that combine data with insights; fleet-management tools; and managed maintenance.

Managed maintenance uses telematics data to identify potential issues, schedule service and, in some cases, deploy mobile service units, Aragon said. The goal is to support fleet uptime and lower customers’ total cost of ownership.

Aragon acknowledged that Ford Pro subscriber growth has moderated in recent quarters. He said Ford recently reorganized its go-to-market approach by moving the integrated-services sales team under Ford Pro President Alicia Boler Davis. The company now intends to approach commercial customers with a combined hardware, software and service proposition rather than selling software separately after a vehicle sale.

“Let’s sell a problem, and let’s solve problems that only we can solve in a differentiated way,” Aragon said, citing uptime, fleet management and managed maintenance as examples.

AI assistant, service opportunity and global strategy Ford has launched an artificial-intelligence assistant in its app for retail and Ford Pro customers, and a Pro-specific version is embedded in the telematics platform, Aragon said. The assistant can use Ford-specific context including vehicle health data and vehicle trim information. Ford plans to launch the assistant in vehicles eventually, he said.

For fleet users, Aragon said the tool can identify vehicles with excessive idling, flag driver-safety trends and help track whether operating metrics improve over time. The assistant currently is included within Ford’s existing service packages rather than carrying a separate charge.

Aragon said Ford sees potential indirect revenue opportunities when digital vehicle-health alerts lead to dealer service work. Ford’s integrated-services business and physical-service business together represent a $15 billion operation expected to grow 8% through the end of the decade, he said, though he declined to disclose integrated-services revenue separately.

Internationally, Ford aims to build products for global scale while executing locally due to differences in regulation, vehicle mix and driver behavior. Aragon identified Ford Pro Intelligence as the company’s most mature integrated-services business outside North America because fleet needs such as uptime, safety and total cost of ownership translate across markets.

About Ford Motor (NYSE:F)Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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The Trump administration on ‌Tuesday blasted Ford Motor's (F.N) business partnerships with Chinese companies, saying they pose national security concerns.

U.S. Transportation Secretary Sean Duffy in a letter to Ford CEO Jim Farley sent on Tuesday said the automaker's dealings with Chinese battery maker CATL (300750.SZ) ​and Chinese automakers Geely (0175.HK) and BYD (002594.SZ) raised "profound concern."

He urged Ford to cut ties with major ​Chinese companies.

Duffy said USDOT was "deeply alarmed" by Ford's reliance on licensed technology from ⁠Chinese battery manufacturer CATL (300750.SZ) at its plant in Marshall, Michigan, and noted that CATL is on ​the Pentagon's list of companies accused of ties to China's military.

He also criticized the company's decision not ​to move production of the Lincoln Nautilus from China to the United States until 2030, as it leaves the company reliant on Chinese manufacturing for several more years.

Ford, in a statement, said Duffy's "letter is a wrongheaded attempt to capture ​headlines." The company added that "while others continue to import Chinese batteries, Ford is investing to build batteries ​here in America" and added that "Ford owns the plant, controls the operation and employs the workforce."

President Donald Trump is ‌set ⁠to meet with Chinese President Xi Jinping later this month. Duffy's comments come as Congress is pushing to tighten a ban on Chinese vehicles in the United States.

Major automakers last week urged Congress to pass the ban before the end of the year -- and expressly urged lawmakers to bar BYD and ​other Chinese automakers from receiving ​waivers to sell ⁠vehicles in the United States.

Duffy also questioned Farley's pitch in January to administration officials at the Detroit auto show "to facilitate Chinese joint ventures on United States ​soil."

The Chinese Embassy in Washington, CATL, BYD and Geely did not immediately ​respond to ⁠requests for comment.

"When a company intentionally chooses to deepen operational dependencies on strategic competitors, it fails to act as the reliable partner the American public and this DOT require," Duffy said of Ford.

Ford's deal with Geely ⁠faced ​criticism in July, with the chair of the U.S. House select ​committee on China, Representative John Moolenaar of Michigan, saying the "partnership with Geely will further enable China’s decimation of auto markets in ​Europe."

It has also faced criticism for its partnership with CATL.

Transportation Secretary Sean Duffy is accusing Ford Motor Co. of becoming too dependent on Chinese companies, warning CEO Jim Farley that the automaker's business ties to China threaten U.S. national security and American manufacturing.

In a letter sent Tuesday to Farley and obtained by FOX Business, Duffy criticized Ford's growing reliance on Chinese technology and manufacturing partnerships, arguing that the strategy raises national and economic security concerns.

The letter marks one of the Trump administration's strongest public rebukes of a major American automaker over its business relationships with China.

"I am writing to express the profound concern of the U.S. Department of Transportation (DOT) regarding the strategic trajectory of Ford Motor Company," Duffy wrote, adding that the company's recent decisions "paint a troubling picture of a foundational American brand actively intertwining its future with Chinese state-backed enterprises."

FORD’S US MANUFACTURING EXPANSION TO BRING ‘THOUSANDS AND THOUSANDS OF JOBS,’ LUTNICK SAYS

CEO Jim Farley takes off his mask at the Ford Built for America event at the company's truck plant in Dearborn, Michigan. (Nic Antaya/Getty Images)

Administration officials argue the concerns are twofold: that Chinese law can require companies to provide the government access to proprietary and customer data, creating potential national security risks, and that increased reliance on Chinese manufacturing comes at the expense of American workers.

Duffy pointed to several examples in the letter, including Ford's continued use of licensed battery technology from Chinese manufacturer CATL at its BlueOval Battery Park in Marshall, Michigan; the company's joint venture with Chinese-owned Geely in Spain; reported discussions with BYD over hybrid vehicle components; and the company's delayed plans to reshore Lincoln models such as the Nautilus, which Duffy said could extend until 2030.

He argued those moves deepen Ford's reliance on Chinese supply chains while helping strategic competitors expand their influence in the global auto industry.

"When a company intentionally chooses to deepen operational dependencies on strategic competitors, it fails to act as the reliable partner the American public and this DOT require," Duffy wrote.

FORD BOOSTS US LINCOLN PRODUCTION AS IT PHASES OUT IMPORTS FROM CHINA

Secretary Sean Duffy said Ford is becoming too dependent on Chinese companies. (Reuters/Brian Snyder)

Duffy also urged Ford to reduce its dependence on foreign technology.

"Iconic American companies, like Ford, are also expected to out-innovate competitors," he wrote. "To that end, they need to chart clear paths to technological self-reliance."

Ford sharply disputed Duffy's accusations, calling the letter "a wrongheaded attempt to capture headlines at the expense of a company that has done more for American manufacturing than virtually any other in the nation's history."

The automaker said its BlueOval Battery Park Michigan facility in Marshall is owned and operated by Ford, represents billions of dollars in investment and is expected to create about 1,700 American jobs. Ford also said its agreement with Chinese battery maker CATL is "a limited technology-licensing and services agreement, not a joint venture or foreign-owned manufacturing operation."

JAGUAR LAND ROVER OPENS VOLUNTARY REDUNDANCY PROGRAM IN $2.3B COST-CUTTING DRIVE

Ford further argued that Duffy's letter contains factual errors, disputing its characterization of the company's manufacturing plans and noting the White House highlighted the Marshall battery project in a recent press release. The automaker also pointed to recent comments from Commerce Secretary Howard Lutnick praising Ford's decision to expand Lincoln production in the United States.

"Ford supports the Trump administration's vision for advancing American innovation and manufacturing," the company said. "Had Secretary Duffy reached out before issuing his letter to the press, we would have been happy to share more details about Ford's U.S. commitment."

The letter comes as lawmakers and the auto industry have pushed for tighter restrictions on Chinese involvement in the U.S. automotive market.

Ticker Security Last Change Change % F FORD MOTOR CO. 14.00 -0.62 -4.24% CLICK HERE TO GET FOX BUSINESS ON THE GO

In July, the Senate Commerce, Science and Transportation Committee approved bipartisan legislation that would ban the import, sale and operation of vehicles manufactured by companies designated as foreign entities of concern, including firms based in China. The measure would also prohibit certain connected vehicle technologies developed by those countries.

Separately, the Alliance for Automotive Innovation urged congressional leaders in September to enact a permanent ban on Chinese-made vehicles in the United States.

In the latest close session, Ford Motor Company (F - Free Report) was down 4.24% at $14.00. The stock trailed the S&P 500, which registered a daily loss of 0.58%. Elsewhere, the Dow lost 1.18%, while the tech-heavy Nasdaq lost 0.32%.

Shares of the company witnessed a gain of 4.43% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its gain of 3.92%, and the S&P 500's loss of 0.36%.

The upcoming earnings release of Ford Motor Company will be of great interest to investors. In that report, analysts expect Ford Motor Company to post earnings of $0.41 per share. This would mark a year-over-year decline of 8.89%. Simultaneously, our latest consensus estimate expects the revenue to be $46.04 billion, showing a 2.42% drop compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates project earnings of $1.86 per share and a revenue of $177.44 billion, demonstrating changes of +70.64% and +1.95%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Ford Motor Company. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Right now, Ford Motor Company possesses a Zacks Rank of #3 (Hold).

Investors should also note Ford Motor Company's current valuation metrics, including its Forward P/E ratio of 7.88. This signifies a discount in comparison to the average Forward P/E of 18.86 for its industry.

It's also important to note that F currently trades at a PEG ratio of 0.3. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Automotive - Domestic industry held an average PEG ratio of 1.15.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 55, which puts it in the top 23% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

Ford Motor Company's (F +1.46%) shares have been in the fast lane. Over the past 12 months, they have climbed 21% (as of Sept. 3). Surprisingly, this performance is ahead of four of the "Magnificent Seven" stocks, high-powered companies sitting in the middle of impactful technological trends.

Investors aren't used to this automotive stock putting up strong returns. In the past five years, Ford's share price increased by just 9%. But can the business do a better job at rewarding its investors over the coming half-decade?

Here's where I believe Ford stock will be in five years.

Image source: The Motley Fool.

Things will stay the same At a high level, Ford's operations aren't going to change much going forward. Known for its pickup trucks and SUVs, the company will remain a leading player in this segment of the automotive industry. Its Ford Blue segment will remain the most important financial driver. This division reported revenue of $26.1 billion in the second quarter, representing 54% of the company's total.

There's also the Ford Pro segment, which sells vehicles, software, and services to commercial and government clients. It's more profitable than traditional car sales and offers greater growth potential. Perhaps most importantly, it brings in a recurring revenue stream from subscriptions.

The company's bulls will point to the recent announcement of the Ford energy segment. This division plans to sell battery storage systems to commercial and industrial customers. Given the substantial demand for these solutions, driven by the data center boom, the business is positioning itself at the center of a notable growth trend.

The good news is that this move leverages assets from the restructured electric vehicle (EV) operations. In December last year, Ford announced a significant $19.5 billion special charge to pull back its EV investments due to softer-than-expected demand. It's now hoping to monetize these capabilities with the energy segment.

The bad news is that Ford energy, no matter how much excitement it adds to the Ford story, isn't likely to move the financial needle much. According to Morgan Stanley, Ford Energy is projected to bring in $550 million (at the midpoint) in operating income once it reaches full scale. This represents a trivial 5% of the $10.5 billion in adjusted operating income that the overall business is expected to report in 2026.

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Ford isn't set up to post market-beating returns Ford's operations aren't going to change. Therefore, investors shouldn't expect the business to suddenly become a market-beating investment opportunity. The company isn't set up to produce outsize returns.

First off, the mass-market auto industry isn't supportive of strong growth. In the U.S., the same number of passenger cars were sold in the month of July compared to 40 years ago, making it a very mature market.

Ford's demand can also be highly cyclical. New cars are typically the second-largest purchase consumers make in their lives. When the economy is down, people will delay buying a vehicle. Ford's already razor-thin profit margins add financial risk when macro forces shift.

And the capital expenditures are meaningful. Ford must continually invest additional resources in the business just to maintain its position in the industry. The reward for this is minimal growth.

Investors can find the best opportunities in the compounding machines. These companies can consistently grow their revenues and profits at healthy rates over the long term. They possess durable competitive strengths. And they don't experience much cyclicality.

Ford will never be in this category. In five years, I think the best-case scenario is that the stock appreciates by 50%, which is admittedly a low-probability outcome. Because shares trade at a forward price-to-earnings ratio of just 7.4, upside can come from multiple expansion. Of course, improving market sentiment is not a sure thing.

A 21-year-old HVAC tech called Dave Ramsey four days before his wedding holding a cousin's promise of $198,000 and no benefits, and Ramsey's answer managed to praise sales as the fastest path to the C-suite while telling him to turn…

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A 21-year-old HVAC technician called The Ramsey Show a week before his wedding with a math problem most workers would kill to have. He is four months into the trade, earning $3,800 a month, debt free on Baby Step 3, and holding a job with what he called “awesome benefits.” His cousin, a manager at a window company in Idaho, is dangling a job offer after clearing $198,000 in his first year selling. Dave Ramsey’s response: “I don’t want to just go make more money and end up being something I hate in a place I hate because my cousin called me. That’s a dumb reason to do a career.”

The stakes are concrete. A move built on a headline number, with no benefits and a bride who would likely take a Costco job to secure medical insurance, can vaporize the financial stability this caller just spent four months building.

Why Ramsey’s Contradiction Actually Adds Up Ramsey took both sides of the same call. He told the caller that “more people in marketing and sales end up as CEOs than any other trade. It’s the fastest track into the C suite, into running a business, because you’re developing people skills and the ability to persuade.” Then he told him not to take the job. The contradiction resolves once you stop looking at the compensation number and start looking at the compensation structure.

Commission-only sales income functions as a probability distribution. The cousin’s $198,000 first year is a single data point drawn from that distribution: one manager, one Idaho market, one housing cycle. Ramsey’s skepticism that the caller will “still be selling Windows at 31” is a bet on the underlying odds. First-year commission earners rarely repeat their opening year, and outside residential sales carries some of the highest turnover of any career track.

Price the current job the way an employer prices it. A $3,800 monthly gross plus employer-paid family health premiums (commonly worth $7,000 to $15,000 a year as an illustrative range), plus paid time off, plus any retirement match, is the number to beat. Strip those benefits, and a $198,000 gross commission has to fund self-paid insurance for two, self-funded retirement, zero PTO, and the tax hit on draw or 1099 income. A bigger top-line number carries more risk per dollar.

One Variable That Flips the Answer The single factor that decides this call is whether the caller finishes his HVAC certification before he moves. Ramsey made that his one condition: complete the certification, due in a couple of weeks, so there is a fallback if sales fails.

Run the two scenarios. With the credential in hand, a failed sales year in Idaho ends with a licensed HVAC tech who can pick up journeyman work in any state. Downside is capped. Without it, a failed sales year ends with a 22-year-old husband with no benefits, an interrupted trade, and a resume gap. Same offer, very different floor.

For context on what predictable cash flow is worth as an asset, look at how markets price it. Ford Motor Company (NYSE:F | F Price Prediction) common shares currently yield roughly 5.4%, and Ford’s preferred series (NYSE:F-PB, NYSE:F-PC, and NYSE:F-PD) trade on scheduled distributions investors can plan around. Labor income works the same way. A $3,800 paycheck with health coverage behaves like a bond. A $198,000 commission year behaves like an option on a hot local market.

Three Numbers to Run Before You Take Any Commission Job Fully loaded current comp. Base pay plus the annual dollar value of health insurance, retirement match, and PTO. That is the number the new offer must clear, not the base salary line on the pay stub. Break-even commission. Add self-funded health premiums, self-employment tax exposure, and a six-month personal reserve to your target income. The result is the minimum gross commission year that actually matches your current standard of living. Downside floor. If the new job pays zero for six months, what do you fall back on? A finished certification, a portable license, or a former employer willing to rehire is the difference between a pivot and a crisis. Ramsey framed sales as the fastest lane to the C-suite in the same breath that he warned against this specific move. His warning targets an impulse jump triggered by a single headline number. Finish the credential, price the benefits, then decide whether the offer really beats what you already have.

Contact [email protected] for any questions or corrections.

Ford has increased 1% since my last update, underperforming the benchmark's 5% gain. I remain confident in F's prospects, as renewed focus on EV plans could drive future excitement and growth. Ford remains undervalued, with fundamentals supporting a thesis for steady long-term growth.

Ford shareholders are collecting a 5.51% yield right now, but there is a reason income investors with long memories are watching this payout far more closely than the headline number suggests.

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Ford’s latest quarterly check landed in shareholders’ accounts on September 1, 2026, and the payment was familiar: $0.15 per share, unchanged for the ninth straight regular quarter. Ford (NYSE:F | F Price Prediction) still carries a 5.51% yield that towers over the 4.75% 10-year Treasury, but income investors have long memories, and this payout has already been reset once.

A Prior Cut Still Hangs Over the Payout Ford slashed the regular dividend to $0.10 in early 2022 before restoring it to $0.15 that August. That reset means there is no consecutive-growth streak to lean on, and the base dividend has not risen in four years. Management has substituted supplemental payments instead: a $0.40625 special hit accounts in August, following supplementals of $0.30 in 2025 and $0.33 in 2024. Nice bonuses, but the recurring commitment stays flat.

Coverage Is Suddenly a Strength The near-term coverage math looks better than it did a year ago. Q2 2026 delivered reported EPS of $0.42 against the $0.15 payout, and Q1 2026 EPS came in at $0.66. Ford generated $2.1 billion in company adjusted free cash flow in Q2, ended the quarter with $22.3 billion in cash, and raised full-year adjusted free cash flow guidance to $6 billion to $7 billion. CFO Sherry House told investors, “We remain committed to our investment grade rating in returning capital as shareholders.”

Warning Lights Are Still Blinking FY2025 booked a net loss of $8.16 billion after impairments, and Ford paid out $2.99 billion in dividends against that loss. Model E is guided to lose about $4 billion in EBIT this year, and the trailing P/E sits at -7 with a debt-to-equity ratio of 4.66. The 76 basis-point yield premium over Treasuries is not a fat cushion for equity risk, and a prior cut plus a flat base payout are exactly the setup we flagged in a free report on the seven warning signs a big yield is about to be cut.

Grading The Dividend: C+ Yield beats the risk-free rate, current cash flow covers the payout comfortably, and management raised EBIT guidance to $10 billion to $11 billion. But zero growth in four years, a documented cut, EV losses, and cyclical exposure keep this scorecard capped. Shares have returned 26.4% over the past year, and Ford’s Super Duty production just hit a 20-year high, which helps the case. Income investors get paid to wait. They just should not confuse a flat dividend with a growing one.

Contact [email protected] for any questions or corrections.

Chris Lange

Chris Lange is a writer for 24/7 Wall St., based in Houston. He has covered financial markets over the past decade with an emphasis on healthcare, tech, and IPOs. During this time, he has published thousands of articles with insightful analysis across these complex fields. Currently, Lange's focus is on military and geopolitical topics. Lange's work has been quoted or mentioned in Forbes, The New York Times, Business Insider, USA Today, MSN, Yahoo, The Verge, Vice, The Intelligencer, Quartz, Nasdaq, The Motley Fool, Fox Business, International Business Times, The Street, Seeking Alpha, Barron’s, Benzinga, and many other major publications. A graduate of Southwestern University in Georgetown, Texas, Lange majored in business with a particular focus on investments. He has previous experience in the banking industry and startups.

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Tesla Inc (NASDAQ:TSLA) CEO Elon Musk once had an ambitious goal of producing 250,000 Cybertrucks annually. Demand for the electric pickup truck never reached the levels Musk expected. Auto rival Ford Motor Company (NYSE:F) is making its electric pickup truck comeback and has also set an ambitious goal.

Ford’s Fathom EV Pickup Truck GoalsFord is gearing up for the Fathom electric pickup truck to launch in 2027, the company’s follow-up EV truck after ending production of the bestselling F-150 Lightning.

The automotive giant has gone back to the drawing board to work on production and profitability for its electric vehicle unit and has high hopes for the Fathom.

Just how high are the hopes for the Fathom? Well, according to internal sources, Ford thinks it can sell 100,000 Fathom trucks in its first year, according to a new report from the Wall Street Journal.

While the 100,000 is shy of Musk’s original goals for the Tesla truck, this would mark a huge milestone for Ford.

Ford sold 84,113 total electric vehicles in the United States in 2025. The goal for the Fathom would place the vehicle among the top-selling EVs in the U.S. annually, trailing only the Model Y and Model 3 from Tesla, which are the only EVs to hit the 100,000 mark annually in the country.

The F-150 Lightning from Ford was previously the best-selling EV pickup truck in the U.S., hitting 27,307 units sold in 2025. This beat Tesla’s estimated 20,237 Cybertruck sales in the U.S. last year.

Preorders for the Fathom begin in early 2027, with deliveries expected next year. Early pricing of the vehicle is favorable to rivals and could help with the ambitious goal.

Read Next

Fathom Pricing vs. PeersThe Fathom comes with a starting price of $28,350. That is significantly cheaper than the $69,990 for the Cybertruck and comes in cheaper than the Chevrolet Silverado at $55,985 and Rivian R1T at $79,900.

Pricing for the Fathom is also lower than the $49,875 retail price of the F-150 Lightning base Pro model.

One company that will beat Ford on price is Slate Auto, an EV startup backed by Jeff Bezos. The Slate Tuck comes with a starting price of $24,950, with models expected to ship in late 2026. The catch with the Slate Truck is that it comes with limited features, and owners can customize and add additional features, which increases the starting price.

For Ford, the Fathom is a big bet on the relaunch of its electric vehicles and EV platform. While the goal of 100,000 seems pretty ambitious, consumer demand may be much higher at the new price point.

Read Next

Image via Shutterstock

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Dave Ramsey told a Houston caller to wipe out his mortgage by nightfall, but the caller's rock-bottom interest rate and a pile of cash create a math problem Ramsey's advice refuses to acknowledge.

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On the September 3 episode of The Ramsey Show, a Houston caller named Nathan explained that he had roughly $280,000 left on a mortgage he described as “whatever 2% mortgage or something,” against about $346,000 in liquid assets: $190,000 in cash accounts plus roughly $156,000 in a non-retirement brokerage. Dave Ramsey did not hesitate. His instruction: write a check for $280,000, keep the remaining $66,000, and have it done “by nightfall.”

The stakes here are real dollars. The same week Ramsey issued that verdict, the 10-year Treasury yield closed at 4.79% on September 1, 2026, the highest reading in the trailing 12 months and the 99.6th percentile of the past year. Treasury bill investment yields on September 2 stood at 3.87% for 13 weeks, 4.03% for 26 weeks, and 4.17% for 52 weeks. Every one of those risk-free rates is more than double Nathan’s mortgage cost.

Verdict: Right Answer, Wrong Math Ramsey’s advice is defensible as a behavioral prescription and indefensible as an arithmetic one. Paying off a 2% loan with cash that can be parked in Treasury bills yielding 4.17% is the textbook definition of surrendering positive arbitrage.

Run the numbers on the $280,000 in question. At Nathan’s approximate 2% mortgage rate, the annual interest cost on that balance is in the neighborhood of $5,600. At the 52-week Treasury bill yield of 4.17%, the same $280,000 held in bills generates roughly $11,700 a year in interest. The spread, before taxes, is around two percentage points annually, or about $6,100 in the first year on this specific balance. That is guaranteed money left on the table, backed by the U.S. Treasury.

Ramsey’s own aside makes this decision worse, not better. When pressed on the caller’s hesitation, he said, “if you pay off your house and you hate it, Nathan, you can go get another mortgage… I know it’s 6%.” That is the punchline. A 2% mortgage in a 6% market functions as a subsidy the bank cannot take back. Once Nathan writes the check, that subsidy is gone forever. The optionality is one-way.

Behavioral Case, Presented Fairly Ramsey’s argument is about sleep, not spreadsheets. His framing to the caller’s wife was direct: “If you had $66,000 in the bank and a paid-for house, would you go borrow money on your house so you have more money in the bank? Every day you don’t pay this off, it’s like you’re borrowing on your house to put money in savings.”

That reversal test is powerful, and for someone whose emergency fund evaporates into stress every night, the behavioral value can outweigh $6,100 a year. But it flattens the actual variables that matter: the rate spread, tax treatment, and the fact that a replacement mortgage today costs three times the existing one.

Even co-host Rachel Cruze pushed back on air. Her suggestion: “Even if you wanted to slow step and be like let’s throw a hundred grand tonight at it. Throw a hundred grand and let’s wake up tomorrow and see how we feel.” That half-measure preserves most of the arbitrage and still delivers a psychological win. Ramsey dismissed it because partial payoff, in his view, does not produce the same relief.

One Variable Decides It The single factor that flips this decision is the gap between your mortgage rate and the after-tax yield on short-term Treasuries. At a 2% mortgage and a 4.17% one-year bill, the spread is roughly two percentage points in your favor even after federal tax (Treasury interest is exempt from state tax). At a 6% or 7% mortgage, the spread reverses and Ramsey’s advice becomes mathematically correct as well as emotionally correct.

What To Actually Do Before writing the check, do three things:

Pull your amortization schedule and identify the exact interest rate and remaining interest cost over the life of the loan. Compare that rate to current yields at TreasuryDirect for 13-, 26-, and 52-week bills, and calculate the after-tax spread using your marginal federal bracket. If the spread is positive by more than one point, consider the Cruze compromise: pay down a portion, keep the rest laddered in bills, and revisit when either rate moves. Retiring cheap fixed-rate debt at a moment when risk-free cash pays more than double the mortgage rate is fundamentally a psychological decision dressed up as a financial one. Understand which one you are actually buying. For readers tracking dividend income as part of the same yield conversation, common shares like Ford (NYSE:F | F Price Prediction) and its preferred series NYSE:F-PB, NYSE:F-PC, and NYSE:F-PD sit in a different risk bucket entirely from Treasuries and should not be confused with the risk-free leg of this trade.

Data Sources Ramsey Show personal finance Q&A was used for Nathan’s balance sheet, Ramsey’s “by nightfall” directive, the 6% replacement-mortgage aside, and Rachel Cruze’s partial-payoff suggestion. FRED series DGS10 was used for the September 1, 2026 10-year Treasury yield of 4.79% and its 12-month percentile ranking. Treasury bill investment-rate yields for September 2, 2026 were used to establish the 3.87%, 4.03%, and 4.17% short-end curve for the arbitrage comparison. Contact [email protected] for any questions or corrections.

Key Takeaways Ford is recalling 148,663 Mustang vehicles over an electrical wiring defect.The issue may cause propulsion loss or disrupt headlights, cooling, air conditioning and more.Owners can get wiring harness ground terminals replaced at no cost, with a remedy expected in March 2027. Ford Motor Company (F - Free Report) is recalling 148,663 Mustang vehicles over an electrical wiring issue that could result in a loss of drive power or disrupt key functions, including the headlights, thereby raising the risk of a crash.

Per the National Highway Traffic Safety Administration (NHTSA), certain Mustang vehicles may have an electrical wiring defect that could cause a loss of propulsion or affect the windshield washer system, headlights, air conditioning or engine cooling fan.

The recall covers 2024-2026 Ford Mustang vehicles manufactured between Sept. 7, 2022, and June 9, 2026. NHTSA estimates that approximately 1% of the recalled vehicles may have the defect.

Ford is expected to notify affected owners by mail between Aug. 31 and Sept. 4, 2026. A follow-up notification will be sent once a remedy becomes available, which is currently expected around March 2027.

Owners can take their affected vehicles to a Ford or Lincoln dealership, where the engine compartment wiring harness ground terminals will be replaced at no cost. F carries a Zacks Rank #3 (Hold) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Latest Updates on Recalls by Other AutomakersTesla, Inc. (TSLA - Free Report) is facing heightened regulatory scrutiny in China after regulators ordered the recall of about 2.98 million vehicles last month over concerns that emergency door-release systems could fail during a crash or power loss. The recall primarily affects Tesla’s China-made and imported Model 3, Model Y, Model S and Model X vehicles. The issue highlights safety concerns surrounding Tesla’s electrically operated, flush-fitting door handles, a design feature closely associated with the company’s modern EVs.

General Motors Company (GM - Free Report) is facing an expanded U.S. safety investigation into engine failures affecting nearly 1 million pickup trucks and SUVs. GM previously recalled nearly 600,000 vehicles from the 2021-2024 model years over L87 engine problems linked to supplier quality issues. However, the issue has persisted despite recall repairs, with GM receiving nearly 7,000 complaints involving post-recall engine failures, while NHTSA has received 499 complaints.

F’s Price Performance, Valuation and Estimates  Ford has outperformed the Zacks Automotive-Domestic industry in the last six months. Its shares have gained 10.4% against the industry’s decline of 7.8%. 

Image Source: Zacks Investment Research

 
From a valuation perspective, F appears undervalued. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.32, lower than the industry’s 3.24. 

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The Zacks Consensus Estimate for Ford’s 2026 and 2027 EPS has moved up 20 cents and 9 cents, respectively, in the past 60 days. 

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The Ford Fathom is the first in an expected line of new, more affordable EVs.

Ford Motor Company (F - Free Report) ended the recent trading session at $14.15, demonstrating a +2.24% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.46%. Meanwhile, the Dow gained 0.56%, and the Nasdaq, a tech-heavy index, added 0.45%.

Heading into today, shares of the company had lost 2.81% over the past month, lagging the Auto-Tires-Trucks sector's gain of 9.91% and the S&P 500's gain of 2%.

Analysts and investors alike will be keeping a close eye on the performance of Ford Motor Company in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.41, signifying a 8.89% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $46.04 billion, showing a 2.42% drop compared to the year-ago quarter.

For the full year, the Zacks Consensus Estimates are projecting earnings of $1.86 per share and revenue of $177.44 billion, which would represent changes of +70.64% and +1.95%, respectively, from the prior year.

Any recent changes to analyst estimates for Ford Motor Company should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Ford Motor Company presently features a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Ford Motor Company has a Forward P/E ratio of 7.46 right now. This denotes a discount relative to the industry average Forward P/E of 17.55.

We can additionally observe that F currently boasts a PEG ratio of 0.29. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Automotive - Domestic industry stood at 1.08 at the close of the market yesterday.

The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. At present, this industry carries a Zacks Industry Rank of 40, placing it within the top 17% of over 250 industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Ford Motor (F.N) is recalling 148,663 vehicles ​in the U.S. due to ‌a loss of driver power and loss of headlight function or windshield ​washing system function, which can ​reduce visibility, the U.S. National Highway ⁠Traffic Safety Administration said on ​Tuesday.

Here are some details:

The recall covers ​2024-2026 Mustang vehicles.

The U.S. auto safety regulator said the engine compartment wiring harness ​ground connections could cause a ​loss of drive power or disable functions including ‌the ⁠windshield washer system, headlights, air conditioning and engine cooling fan, raising the risk of a crash.

The ​dealers will ​replace ⁠the engine compartment wiring harness ground terminals, free of ​charge, according to the NHTSA.

In ​June, ⁠Ford recalled 91,198 U.S. vehicles because the daytime running lamps do not ⁠dim, ​reducing other drivers' ​visibility and increasing crash risk.

President Trump's threat of 50% tariffs on Canadian autos and auto parts is more of a negotiating tactic than a settled policy, UBS analysts believe.

In a note Tuesday, the bank argues that the January 1, 2027 start date functions as pressure to restart trade talks rather than a firm commitment, and that the impact would fall unevenly across automakers rather than hit the industry as a whole.

The threat followed a weekend breakdown in US-Canada trade talks, with tariffs on large trucks reported as a main sticking point, just as the two sides appeared close to a deal that would have cut tariffs on Canadian-made vehicles to 15% from the current 25% for non-US content.

Canadian Prime Minister Mark Carney's government has signaled little chance of resuming trade talks before the US midterm elections on November 3, analysts noted.

“In our view, this could be a way for the US to give more time for negotiation while also providing a deadline for negotiations to ramp back up,” analysts wrote.

UBS said the current tariff has not been a meaningful headwind for Ford Motor Company (NYSE:F), which does not build vehicles in Canada today, but that will change as Super Duty production ramps up there into 2027, with Mobility Global forecasting about 83,000 units built in Canada that year.

Assuming 50% US content on those trucks, a move to a 50% tariff could work out to an effective 25% tariff on units entering the US, the analysts said.

For General Motors Company (NYSE:GM), which sources about 2% of US sales from Canada, UBS estimated the tariff increase could be a roughly $300 million headwind to EBIT, or about 2% versus 2027 consensus, assuming 45% US content.

Across the industry, UBS estimates Canadian-built vehicles make up about 6% of US sales year to date, but exposure varies widely: 0% for Ford, 2% for GM, 7% for Stellantis NV (NYSE:STLA, EPA:STLA), 9% for Toyota and 15% for Honda.

On that basis, UBS said Honda, Toyota and Stellantis stand to feel more impact than GM or Ford.

Ford Motor Company (F -0.50%) has always had an American favorite in its Bronco SUV, and now the Detroit automaker is expanding the product in a couple of unique ways.

This is a part of a bigger plan as the company continues to adjust from its $19.5 billion charge and reversal of electric vehicle plans. There have already been casualties to the strategic adjustment, including the canceling of the F-150 Lightning, though it will return as an extended-range option, and another next-generation full-size electric pickup.

Here's exactly what Ford is planning with its upcoming portfolio refresh, product blitz, and why it matters for investors.

Bronco pickup Perhaps taken straight from a Bronco fan page, Ford is expected to add a pickup version of its popular SUV. The plan first calls for a Bronco hybrid due in 2027, followed by the Bronco-based pickup toward the end of this decade. In another unique move adding to the Bronco-as-a-sub-brand, Ford's luxury brand Lincoln plans to build a Bronco-based off-roader in a move that dealers should welcome after its product lineup dwindled down to only three vehicles.

Lincoln has always offered the company upside as luxury vehicle sales are significantly more profitable than mainstream vehicles. Despite its potential and upside, Lincoln has never gained the traction investors hoped and has remained an afterthought in recent years.

Ford Bronco. Image source: Ford Motor Company.

The Bronco is not the only fan-favorite Ford vehicle receiving upcoming love as the automaker plans to keep adding new Mustangs, including a glimpse of a four-door variant it showed dealers in a bit of an unusual move for the company that doesn't overly share details of upcoming products.

The Bronco and Mustang expansion is a part of a bigger plan. Ford is planning to refresh 80% of its North American portfolio by 2029 – fresher product sells better and requires less margin-eroding incentives to do so.

Perhaps the most intriguing part of its plan is to attack the vehicle affordability crisis as average new vehicle prices continue to hover around all-time highs, causing consumers to extend loan lengths and an uptick in repossessions nationally. Ford is planning a $25,000 hybrid crossover and will offer five vehicles under $40,000 by the end of the decade while also targeting half of its global volume to be hybrid, EV, or extended range by 2030.

The trick for Ford will be to lower costs enough, without hurting quality or removing value, to keep these more affordable vehicle sales profitable – it'll take some creativity. While the following statement is a little vague, it shows Ford understands the challenge: "I would say there's probably 10 actions that we'll do to help affordability," Andrew Frick, president of Ford Blue and Model e divisions, told Automotive News.

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What it all means Despite the renewed focus on gasoline and hybrid powertrains, including the developing Bronco sub-brand, Ford is still banking on its low-cost Universal Electric Vehicle platform to drive its future EV market share and profitability. The upcoming platform is expected to be the base of numerous vehicle models, including the recently named Fathom midsize electric truck due out next year.

Ford's upcoming product blitz is about more profitable fresh products, expansion of highly successful models, and even showing some love to its often overlooked luxury Lincoln lineup. Further, the focus on Bronco-based vehicles should come with strong margins, and the aspect of a Bronco pickup is tantalizing for investors.

The expansion of the Bronco is just part of a larger portfolio refresh that helps market share, assuming it can get its more affordable models out quickly before the demand flocks to the market's upcoming rival's more affordable options. Stellantis is one example of also planning a long list of affordable options in an effort to regain lost market share from years of struggling – the race is on.

DEARBORN, Mich.--(BUSINESS WIRE)--Ford Motor Company today named Dave Carroll president, Ford Energy, effective Aug. 31.

Carroll succeeds Lisa Drake, who will retire from the company at year-end after a 32-year Ford career spanning product development, powertrain engineering, purchasing, manufacturing operations, and the industrialization of Ford’s electric vehicle portfolio and battery business.

Carroll joins Ford from ENGIE North America, where he served as chief executive officer and chief renewables officer. Over six years there, he grew the company's renewables operating assets by more than 12 times. He recently was chair of the American Clean Power Association's board of directors and previously held senior leadership roles at EDF Renewables and Avangrid Renewables.

Carroll will oversee the full scope of Ford Energy’s end-to-end operations, including battery cell manufacturing, system assembly, commercial strategy and sales. He will report to John Lawler, Ford vice chair.

Drake will remain with the company through Dec. 31, partnering with Carroll on a structured transition across Ford Energy’s manufacturing operations, customer commitments and supplier partnerships.

“Dave brings a rare, buy-side perspective on what utilities and other customers truly require as they build out power infrastructure – exactly the skill set and insight Ford Energy needs as we move from launch to scale,” said Jim Farley, Ford president and CEO. “Ford Energy combines world-class U.S. manufacturing, advanced battery technology and an American brand people trust. Under Dave’s leadership, we will scale this business into one of North America’s leading energy storage providers.”

Carroll’s appointment comes as Ford Energy works toward delivering battery energy storage solutions.

“I’ve spent my career developing, financing and operating energy assets, and I’m excited to join Ford because there’s no bigger opportunity in this market than building a category-defining energy business for one of America’s most iconic and important companies,” Carroll said.

Drake’s Legacy of Leadership

Drake’s 32-year tenure mirrored Ford’s evolution from traditional powertrains to advanced electric propulsion and grid-scale energy storage. She joined Ford in 1994 as a Ford College Graduate in powertrain engineering and spent two decades delivering core vehicle programs – leading some of Ford’s most iconic products, including F-150 and Super Duty programs.

As chief engineer for global hybrid and battery electric vehicles, Drake helped architect Ford’s first generation of electrified vehicles. She later served as vice president, Global Purchasing; chief operating officer, North America; and vice president, Technology Platform Programs and EV Systems. In these roles, Drake spearheaded the multi-billion-dollar industrialization of Ford’s domestic battery manufacturing footprint, established key global battery joint ventures and secured critical supply chains, much of which shaped the ability to compete in Ford’s emerging energy storage business. Named the inaugural president of Ford Energy in January 2026, she built the business from inception to commercial operations in under a year.

“Throughout her three decades with Ford, Lisa exemplified the very best of our leadership. She’s incredibly capable and always ran toward the hardest problems – from trucks to hybrids to EVs to establishing Ford Energy as a dynamic new business,” Farley said. “I’ve had the privilege of working closely with Lisa for many years, and always admired her leadership, courage and drive for results. She’s earned this next chapter and leaves the company better than she found it.”

About Ford Energy

Ford Energy is a newly formed, wholly owned subsidiary of Ford Motor Company dedicated to accelerating the world’s transition to sustainable energy. Leveraging Ford’s century of manufacturing excellence and world-class battery energy storage systems (BESS) technology, Ford Energy designs, manufactures, and services grid-scale and commercial DC-block battery energy storage systems. Ford Energy is uniquely positioned to capture the growing demand for reliable, U.S.-assembled energy storage systems. We are not just building batteries; we are building the infrastructure for the next generation of the American grid. For more information, visit www.fordenergy.com or contact [email protected].

About Ford Motor Company

Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities, and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services, including BlueCruise (ADAS) and security. The company offers freedom of choice through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough electric vehicles (“EVs”) along with embedded software that defines always-on digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, the company provides financial services through Ford Motor Credit Company. Ford employs about 169,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.

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Ford’s long-term success depends on delivering the Ford+ plan, including improving cost competitiveness; Ford’s products have been and could continue to be affected by defects that result in recall campaigns, increased warranty costs, or delays in new model launches, and the time it takes to improve the quality of our products and services and reduce the costs associated therewith could continue to have an adverse effect on our business; Ford is highly dependent on its suppliers to deliver components in accordance with Ford’s production schedule and specifications, and a shortage of or inability to timely acquire key components or raw materials has previously disrupted and may, in the future, disrupt Ford’s operations; Ford’s production, as well as Ford’s suppliers’ production, and/or the ability to deliver products to consumers could be disrupted by labor issues, public health issues, natural or man-made disasters, adverse effects of climate change, financial distress, production difficulties, capacity limitations, or other factors; 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Inflationary pressure and fluctuations in commodity and energy prices, foreign currency exchange rates, interest rates, and market value of Ford or Ford Credit’s investments, including marketable securities, can have a significant effect on results; Ford’s results are dependent on sales of larger, more profitable vehicles, particularly in the United States; Industry sales volume can be volatile and could decline if there is a financial crisis, recession, public health emergency, or significant geopolitical event; The impact of government incentives on Ford’s business has been and could continue to be significant, and Ford’s receipt of government incentives could be subject to reduction, termination, or clawback; Ford and Ford Credit’s access to debt, securitization, or derivative markets around the world at competitive rates or in sufficient amounts could be affected by credit rating downgrades, market volatility, market disruption, regulatory requirements, asset portfolios, or other factors; 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Hyundai's CEO says tariffs are accelerating a localization push that was already underway, and the numbers behind that push reveal just how dramatically the company is betting on America outpacing its own four decades of history here.

Hyundai’s CEO José Muñoz framed the current tariff environment as an accelerant to a strategy already in motion. In a CNBC segment that aired yesterday with auto reporter Michael Wayland, Muñoz laid out Hyundai’s plan to commit an additional $26 billion to U.S. operations over the next four years, on top of the $20.4-$20.5 billion invested over the last 40 years. That means the new 4-year commitment is more than Hyundai invested in its entire 40-year U.S. history.

Muñoz described the current moment as “the two most exciting years of my entire life and career” and said Hyundai is “well ahead of our plan A, which has been supported by taking breakthrough actions over and above the standard original plan.” On trade policy, he believes that: “Tariffs are helping accelerate our localization plan. The good thing is that we had already started before tariffs were announced.”

Hyundai Could Build 800,000 Vehicles a Year in Georgia Hyundai’s Georgia facility is now the centerpiece of its localization efforts. Originally scoped for 300,000 vehicles annually, expanded to 500,000, the site is now targeted at 700,000-800,000 by 2028, within an existing 3,000-acre plot.

Muñoz said the plant will produce six to seven models, including hybrids, EVs, and extended-range EVs, adding: “I announced that we would go into extra capacity of 200,000. Well, I can tell you today that we are looking into ways to increase that even further. We could stretch that to probably maybe 7-800,000 if needed. We want to have all this up and running by 2028.“

Hyundai adjusted the Georgia plan to add hybrid lines alongside EVs, and hybrid sales grew more than 70% last quarter in the U.S. The goal is to produce a minimum of 80% of U.S. sales domestically. Hyundai directly and indirectly employs about 570,000 people in America and plans to add 25,000 more.

Hyundai Is Using Localization to Close the Gap With Ford Muñoz said Hyundai has overtaken Honda and Stellantis in the U.S. and is closing the gap on Ford. Today, Ford (NYSE:F | F Price Prediction) trades around $13.82, with a market cap near $54.1 billion, and shares are up 5.72% year to date.

Ford is the most U.S.-localized of the major automakers. CEO Jim Farley told analysts on the Q2 2026 call: “Ford is an unusual company in a way. We build the most in the US. We have the best ratio between imports and our local production. We also export the most.”

Ford’s Q1 2026 8-K disclosed a $1.30 billion one-time IEEPA tariff benefit, and full-year 2026 guidance assumes about $1 billion of tariff impacts excluding that benefit. Farley has argued a revised USMCA should “make it easier for Ford and other U.S. makers to compete with Japan and South Korea,” whose competitors benefit from weaker currencies and a “modest 15% tariff.”

Hyundai’s answer is shifting engineering to the U.S.: “We localize. We have more engineering capabilities, more technical capabilities in this market compared to global. So depend less on Korean management and Korean R&D and Korean resources and focus more and more here.“

Hyundai Is Demand-Constrained While Peers Sit on Excess Capacity Hyundai’s U.S. sales have grown sharply since 2020, with the CNBC segments citing figures in the range of roughly 45-50%. The company accounts for roughly one-third of total electrified vehicles, and its Genesis luxury brand has reached #7, overtaking Porsche and Jaguar Land Rover, though the two segments characterize the ranking scope differently.

The show’s host, Wayland, captured how Hyundai has the opposite problem of most of the auto industry: “Hyundai is the exact opposite. They are trying to build new plants and build vehicles as fast as they can.“ Muñoz reinforced that unlike competitors dealing with excess capacity, Hyundai’s constraint is demand outpacing supply.

Key Takeaways Ford wants trade rules that better protect domestic manufacturers. Hyundai is responding to those same pressures by rapidly becoming more American. The big tests will be whether Hyundai’s Georgia plant reaches as many as 800,000 vehicles by 2028 and whether U.S. demand remains strong enough to absorb that enormous expansion.

Contact [email protected] for any questions or corrections.

Ford Motor: Navigating Operational Shifts and Fluctuating RevenueFord Motor (F -0.50%) primarily generates revenue by designing, manufacturing, and servicing a broad spectrum of trucks, sport utility vehicles, and commercial vans, while simultaneously offering extensive retail financing and wholesale loans to its global network of dealers.

It issued multiple vehicle safety recalls across various models, appointed a new chief auto safety officer, and formed a skilled workforce training alliance. It reported approximately 1% operating margin for the quarter ended June 30, 2026.

Tesla: Expanding Physical Operations Alongside Rising Quarterly RevenueTesla (TSLA -1.71%) primarily generates revenue by producing and selling passenger electric cars and commercial transport trucks, alongside deploying comprehensive residential and commercial solar energy generation and storage systems.

It recently secured regulatory approval to operate a commercial autonomous vehicle network in Nevada and prepared for a new commercial truck factory inauguration, while reporting about 1% operating margin for the quarter ended June 30, 2026.

Why Revenue Matters for InvestorsTracking revenue over successive quarters helps everyday investors effectively evaluate whether an underlying business is successfully attracting new customers and expanding its core operational footprint before deducting for any ongoing operating expenses. Understanding this top-line figure helps investors measure how effectively a business generates sales over time.

Comparing Quarterly Revenue Trends for Ford and TeslaCalendar quarterFord Motor RevenueTesla RevenueQ3 2024$46.2 billion (quarter ended Sept. 30, 2024)$25.2 billion (quarter ended Sept. 30, 2024)Q4 2024$48.2 billion (quarter ended Dec. 31, 2024)$25.7 billion (quarter ended Dec. 31, 2024)Q1 2025$40.7 billion (quarter ended March 31, 2025)$19.3 billion (quarter ended March 31, 2025)Q2 2025$50.2 billion (quarter ended June 30, 2025)$22.5 billion (quarter ended June 30, 2025)Q3 2025$50.5 billion (quarter ended Sept. 30, 2025)$28.1 billion (quarter ended Sept. 30, 2025)Q4 2025$45.9 billion (quarter ended Dec. 31, 2025)$24.9 billion (quarter ended Dec. 31, 2025)Q1 2026$43.3 billion (quarter ended March 31, 2026)$22.4 billion (quarter ended March 31, 2026)Q2 2026$48.3 billion (quarter ended June 30, 2026)$28.2 billion (quarter ended June 30, 2026)Data source: Company filings. Data as of Aug. 26, 2026.

Foolish TakeThe revenue trends for Ford Motor Company and Tesla provide revealing insights. The former is over a century old, so it makes sense its sales would be higher than Tesla's. However, as a legacy automaker struggling to capture its share of the growing electric vehicle (EV) market, its revenue is not expanding as fast as Tesla's.

For example, Ford's second quarter sales of $48.3 billion represents a 4% decline from the same quarter in 2025. Its EV division generated only $1 billion in Q2 revenue, falling 56% year over year.

Tesla's Q2 total of $28.2 billion is an outstanding 26% year-over-year increase. This strong sales growth demonstrates the robust demand for the company's EVs, despite the end of federal EV tax credits in September of 2025.

Tesla's expansion into robotics and self-driving vehicle businesses also give it another advantage over Ford. These new operations could add substantial new sales to the EV leader, helping it eventually catch up to Ford’s revenue level. Tesla has been piloting retrofitted Model Y cars for its autonomous vehicle endeavor, but unveils its new production version Cybercab model in September.

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A longtime Ford (NYSE: F | F Price Prediction) assembly worker retired at 62 and started Social Security immediately. He still follows the company’s vehicle launches, so Ford’s planned midsize electric pickup caught his attention. The truck is scheduled for 2027 with a targeted starting price of approximately $30,000.

Then he remembered his retiree discount. It could take another bite out of the price, but claiming early had made him wary of anything resembling compensation. A paycheck could shrink his Social Security benefit. Could the savings at the dealership do the same?

The discount came from his former employer. It did not come from returning to work.

The Discount Stays Off His Wage Record Ford retirees may qualify for Z-Plan vehicle pricing, although individual models can be excluded. Under federal tax rules, a qualified employee discount on an employer’s own merchandise generally stays out of taxable wages. For this purpose, the IRS treats someone who retired from the company as an employee.

The exclusion has limits. For merchandise, the qualifying amount is generally tied to the employer’s gross profit percentage for that line of business. Ford handles that calculation when designing its program. The retiree is not expected to reverse-engineer it at the dealership. Social Security’s earnings test counts wages and net self-employment income before full retirement age (FRA). A qualified retiree discount is neither. It does not appear on his earnings record or use any of the annual earnings limit. That leaves his Social Security check alone, even if the lower purchase price saves him several thousand dollars.

The Truck Is Not the Tax Problem The money used to buy it may create a separate issue. A large traditional IRA withdrawal does not count under Social Security’s earnings test, but it does increase taxable income. That can pull more of his benefit into the taxable column and, once he reaches Medicare, potentially contribute to a premium surcharge two years later.

Money already sitting in a bank account adds no new income. A qualified Roth withdrawal generally does not either. Selling investments in a brokerage account may produce capital gains, depending on what he paid for them. The retiree discount does not shrink his Social Security payment. Financing the rest of the truck could still reshape his tax return.

Before He Places the Order Two details need to be confirmed:

Check whether the pickup qualifies for Z-Plan pricing. Ford says vehicles are generally eligible for its purchase programs, but some models are excluded and the list can change. Because the truck has not yet reached dealerships, its treatment under the retiree program remains unconfirmed. Calculate the tax cost of the purchase. Compare financing with a traditional IRA withdrawal, available cash, a qualified Roth distribution, or a brokerage sale before moving a large amount in one year. He spent years helping Ford put vehicles on the road. Buying one at the retiree price does not put him back on the payroll. Social Security counts what he earns from working, not what he saves at the dealership.

Contact [email protected] for any questions or corrections.

Allstate Corp trimmed its stake in Ford Motor Company (NYSE:F – Free Report) by 31.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 334,896 shares of the auto manufacturer’s stock after selling 152,532 shares during the period. Allstate Corp’s holdings in Ford Motor were worth $4,655,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. OMERS ADMINISTRATION Corp lifted its position in Ford Motor by 18.0% during the second quarter. OMERS ADMINISTRATION Corp now owns 462,269 shares of the auto manufacturer’s stock valued at $6,426,000 after purchasing an additional 70,549 shares during the last quarter. E20 Capital Ltd purchased a new stake in shares of Ford Motor during the 2nd quarter valued at $57,991,000. Meiji Yasuda Asset Management Co Ltd. raised its position in shares of Ford Motor by 4.8% during the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 22,160 shares of the auto manufacturer’s stock valued at $308,000 after buying an additional 1,025 shares in the last quarter. Arete Wealth Advisors LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth $3,285,000. Finally, Bank of Nova Scotia grew its position in Ford Motor by 337.4% in the second quarter. Bank of Nova Scotia now owns 2,633,643 shares of the auto manufacturer’s stock worth $36,608,000 after acquiring an additional 2,031,576 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance F stock opened at $14.44 on Monday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. Ford Motor Company has a 52 week low of $11.11 and a 52 week high of $17.78. The firm’s fifty day moving average is $14.12 and its 200 day moving average is $13.51. The firm has a market cap of $57.58 billion, a P/E ratio of -7.72, a P/E/G ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm’s revenue was down 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. Research analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year. Ford Motor Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

Analyst Upgrades and Downgrades A number of research firms recently commented on F. Royal Bank Of Canada increased their target price on Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Wednesday, July 29th. Jefferies Financial Group raised Ford Motor from a “hold” rating to a “buy” rating and lifted their price target for the stock from $14.50 to $17.50 in a research note on Monday, July 27th. BNP Paribas Exane upped their price objective on Ford Motor from $14.00 to $14.50 and gave the stock a “neutral” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. increased their price objective on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Wells Fargo & Company increased their price objective on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $15.68.

Check Out Our Latest Report on F

Ford Motor Company Profile (Free Report)

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

Featured Articles Five stocks we like better than Ford Motor VIG, VYM, and VYMI: Which Vanguard Dividend ETF Is Right for You? 3 Closed-End Funds to Maximize Dividend Payments Rocket Lab’s Sell-Off Is Fading—Is It Finally Safe to Buy? $27 Billion in Buybacks: 3 Stocks Betting Their Strong Runs Aren’t Over Want to see what other hedge funds are holding F? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ford Motor Company (NYSE:F – Free Report).

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Bank of Nova Scotia raised its position in shares of Ford Motor Company (NYSE: F) by 337.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,633,643 shares of the auto manufacturer's stock after purchasing an additional 2,031,576 shares during the

Baytex Energy NYSE: BTE CEO Chad Lundberg outlined the Canadian-focused oil producer’s strategy following the December 2025 sale of its Eagle Ford position, emphasizing balance-sheet strength, shareholder returns and production growth led by the Duvernay light-oil play and Canadian heavy-oil assets.

Speaking at an EnerCom event in Denver, Lundberg said the Eagle Ford divestiture transformed Baytex from a cross-border company into a Canadian-focused producer of approximately 71,000 barrels of oil equivalent per day, with oil accounting for 89% of output. The company has a market capitalization of about C$4.4 billion and plans annual capital spending of roughly C$625 million, he said.

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Baytex’s portfolio includes Duvernay light oil, Viking production in Saskatchewan, and heavy-oil operations spanning Peace River, Peavine, Clearwater and Lloydminster. Lundberg said the company currently produces about 10,000 BOE per day from the Duvernay, 45,000 BOE per day across its heavy-oil fairway, including approximately 20,000 BOE per day from Peavine, and another 10,000 BOE per day from the Viking.

Eagle Ford Exit and Capital Returns Lundberg said the Eagle Ford sale was undertaken for four principal reasons: to simplify the company’s cross-border structure, eliminate debt, remove the cash-flow demands of a large non-operated position, and concentrate Baytex’s portfolio on projects with stronger returns.

Baytex ended 2025 with C$800 million of cash and reported C$600 million of net cash at the end of the second quarter, according to Lundberg. He said the company intends to direct three-quarters of its C$867 million net-cash position during 2026 toward shareholder returns through its normal course issuer bid, or NCIB.

By the end of the second quarter, Baytex had repurchased approximately 9% of its outstanding shares, spending C$369 million, Lundberg said. The company was continuing to spend about C$2.5 million per day on repurchases. The remaining quarter of available capital is earmarked for long-term sustainability initiatives and small, core-area tuck-in acquisitions, he said.

Baytex also pays a dividend of C$0.09 per share, representing a yield of about 1.5%, according to Lundberg.

Growth Plan Centered on Duvernay The company’s multi-year plan targets average production growth of about 7%, with current-year guidance raised to roughly 8% growth and production of 71,000 BOE per day. Lundberg said guidance increases reflected operating and well performance rather than oil prices.

Baytex increased its capital program to C$625 million from an initial C$585 million budget established in what Lundberg described as a C$60 oil-price environment. Stronger-than-expected Peavine heavy-oil wells and initial Duvernay well results supported the production-guidance increase, he said.

The Duvernay is expected to provide the majority of growth, with production projected to rise from 8,000 BOE per day in 2025 to 25,000 BOE per day by 2030. Lundberg described full-scale development as a one-rig program and said the growth plan is designed to be fully funded from cash flow at an assumed mid-cycle oil price in the C$70 range.

Baytex has identified 210 Duvernay drilling locations, with about one-third needed to reach its 2030 production target. A southern Duvernay well delivered initial production of more than 1,600 BOE per day, with 90% liquids, Lundberg said. A northern-area well produced more than 1,900 BOE per day at 90% liquids last year, according to the CEO. The company is targeting Duvernay well costs of C$900 per foot or better as full-rig activity is reached in 2027, compared with a C$1,000-per-foot budget for the current year. Heavy Oil Provides Cash Flow, Optionality Lundberg said Baytex’s heavy-oil assets are intended to underpin the company’s cash flow while supporting Duvernay development. The company holds approximately 750,000 acres across its Canadian heavy-oil fairway and has identified 1,100 drilling locations. Its base plan assumes roughly 100 heavy-oil wells annually.

Baytex is also pursuing opportunities not included in its base plan. These include exploration on its Pekisko land base, where it acquired 3D seismic data during the first quarter and plans initial drilling in the first quarter of 2027. Lundberg said the company holds 109 sections of land in the area and is assessing carbonate mound targets.

In Peavine, Baytex has two waterflood pilots underway. The company is evaluating injectivity, pressure performance, gas-oil ratio suppression and the impact on nearby producing wells. Lundberg said successful waterflood development could lower corporate breakeven levels and increase free cash flow.

Baytex is also advancing its Gemini small-scale steam-assisted gravity drainage project in northeast Alberta. Lundberg described Gemini as a prospect containing 300 million barrels of oil in place, with a potential 50% recovery rate. The company has regulatory approval for an initial 5,000-BOE-per-day phase and is targeting a final investment decision in the second half of 2027. The project is not part of Baytex’s current base plan.

“It’s not rocket science running an oil company,” Lundberg said, describing Baytex’s approach as disciplined development, careful capital allocation and an emphasis on generating returns for shareholders and other stakeholders.

About Baytex Energy (NYSE:BTE)Baytex Energy Corp. is an oil & gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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