[ad_1] Despite a 10% decline in the number of vehicles sold, German automaker Mercedes-Benz continued to benefit from more expensive and profitable automobile sales in the first quarter, with net profit up 3% to reach 3.6 billion euros. Also readMercedes-Benz wants to reduce CO2 emissions by 50% by 2030 Operating profit in the January-March period…
Tag: stock market news
Ford accelerates its electric transition with a historic investment
[ad_1] The American automaker has announced that it will build four factories in the United States, representing an investment of $11.4 billion, with 11,000 jobs by 2025. Ford gave strong impetus to the electric transition by announcing on Monday, September 27, that it will build four factories in the United States, with its South Korean…
Chip shortage at Ford halved production
[ad_1] The American automaker expects to lose 50% of its planned production in the second quarter, compared to 17% in the first quarter. US automaker Ford posted its best first-quarter profit in years but warned on Wednesday, April 28, that a shortage of semiconductors is affecting its factories more severely than expected. The group is…
Less affected than expected by the semiconductor shortage, Ford ups its forecasts
[ad_1] The group announced a net profit due to the recovery in US consumption. “Signs of improvement in semiconductor flow,” he states. US automaker Ford raised some of its full-year guidance on Wednesday, after balancing semiconductor problems in the second quarter with price increases on strong demand for its vehicles. Also readFifth generation Ford on…