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Ford Motor hit with $165 million US penalty over delayed rearview camera recalls

Ford agrees to a $165 million penalty for failing to promptly recall vehicles with defective rearview cameras, committing to enhanced safety measures and oversight for future recalls.

investing.com • 14/11/2024 - 15:20 PM

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TSLA

Exclusive-China battery giant CATL would build US plant if Trump allows it

CATL's chairman expresses openness to a U.S. plant if investment barriers lift, amid ongoing trade tensions and skepticism about EV timelines from CEO Elon Musk.

investing.com • 13/11/2024 - 05:20 AM

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Ford downgraded at Bernstein with 'warning signs ahead'

Bernstein downgraded Ford, reducing its price target to $11 due to financial challenges, competitive pressures, and the need for a restructuring in both combustion and EV segments.

investing.com • 07/11/2024 - 13:59 PM

Companies boost social and climate reporting amid ESG backlash

U.S. companies are increasing ESG reporting despite political pushback, highlighting a significant uptick in transparency amid rising investor demands and shifting socio-economic landscapes.

investing.com • 06/11/2024 - 21:54 PM

Companies boost social and climate reporting amid ESG backlash

US companies are increasing ESG reporting despite political pressure, while some scale back efforts amid changing political dynamics and investor expectations.

investing.com • 06/11/2024 - 21:54 PM

EV maker Rivian may report first quarterly revenue drop since IPO

Rivian is set to report its first quarterly revenue drop, driven by part shortages and demand decline, amid cost-cutting measures and a slashed production target for 2024.

investing.com • 06/11/2024 - 10:48 AM

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Ford's US sales rise about 15% in October

Ford's U.S. auto sales rose 15% in October, propelled by F-series trucks and hybrids, with truck sales up 29.2% to 100,847 units.

investing.com • 04/11/2024 - 14:43 PM

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NHTSA closes probe into more than 411,000 Ford vehicles due to loss of power

NHTSA closes its investigation into 411,315 Ford SUVs and trucks after addressing motive power loss concerns, offering recalls and extended warranties for affected vehicles.

investing.com • 04/11/2024 - 11:15 AM

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SBSW

Environmentalists sue over US approval of ioneer's Nevada lithium mine

Environmental and Indigenous groups sued to challenge the approval of a lithium mine in Nevada, citing risks to local wildlife and environmental laws.

investing.com • 31/10/2024 - 21:29 PM

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Ford to lower managers' bonuses as company performance slips, sources say

Ford CEO Jim Farley announces reduced manager bonuses to 65%, urging improved quality and lower costs as the company meets lower annual guidance, impacting stock prices.

investing.com • 31/10/2024 - 15:54 PM

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