The appeal of mobility? The margins, Ford saysMon, 19, Sep 2016
Ford sees a day in the not-too-distant future when it will get much larger profit margins from new ventures such as ride-sharing and autonomous-vehicle technology than from selling cars and trucks. But the path to get there remains cloudy.
Ford expects investments to cut into 2017 profits, then a rebound in '18Wed, 14, Sep 2016
Ford Motor today said it expects profits to decline next year, as it increases investments in autonomous vehicles and new technology, before rebounding in 2018. CEO Mark Fields pitched the automaker to investors and analysts at a daylong conference as a “solid investment with attractive upside.”
Ford to sell driverless cars to public by 2025, Fields saysMon, 12, Sep 2016
Ford intends to start selling driverless cars to the public by about 2025, its chief executive officer said. The goal is to lower costs enough to make autonomous vehicles affordable to millions of people, CEO Mark Fields said in a speech today.
Ford will huddle with stock analysts Sept. 14Sat, 10, Sep 2016
Ford executives will aim to reassure analysts and skeptical investors on Wednesday about its prospects amid declining profits, stagnating U.S. sales and threats emerging from Silicon Valley.
Ford acquires shuttle service, bike-sharing company in Calif.Fri, 09, Sep 2016
In an effort to expand its “mobility services,” Ford has acquired the San Francisco-based shuttle service Chariot and partnered with bike-share company Motivate, the company said Friday.