County Ford Financial News
04.09 / 15:07
Ontario housing minister resigns amid Greenbelt land swap scandal
Steve Clark has resigned after Ontario’s integrity commissioner found he broke ethics rules for his role in the Ford government’s Greenbelt land swap scandal.In a letter published on Monday morning, Clark said he felt his role in the Greenbelt decision and subsequent investigations were “a distraction” from the ministry’s work to solve the housing affordability crisis.“As someone who has given my life to serving the people through our democratic institutions, it is my responsibility to adhere to the principles of Ministerial accountability,” Clark said in a post on social media.In his letter, Clark said he has been reflecting since a damning integrity commissioner report into the Greenbelt land swap decision was released. The report blamed Clark for a lack of oversight over his chief of staff, who both the integrity commissioner and Ontario’s auditor general said spearheaded the removal of 7,400 acres of land from the Greenbelt.Clark said his “first instinct” after reading the integrity commissioner’s report was to stay in post to create a new process that ensured the issues outlined would never be repeated.
18.05 / 09:37
markets
UPS
Manufacturing
Caterpillar
Strategy
Tesla
Updates
Ford no longer looks like an also-ran in the global EV race—it’s just that it has taken an alternate route
Subscribe to enjoy similar stories.Ford has finally hit upon an electric strategy that shouldn’t lose money. The key element is that it doesn’t involve vehicles—not for now, anyway.Ford’s stock, a habitual water-treader, jumped almost 14% on Wednesday, its biggest gain in over six years, on news that the Detroit stalwart had found a way to tap into the AI boom—sort of.
02.01 / 00:45
markets
Manufacturing
ICE
Experts
Updates
International
JSW Motors, Mahindra & Mahindra open to extended-range hybrids if EV incentives widen
Homegrown carmakers JSW Motors and Mahindra & Mahindra (M&M) are open to adopting range-extended electric vehicles (REEVs) if India’s policy framework expands incentives beyond pure electric vehicles, even as experts warn against equating the technology with battery-electric cars.REEVs, also called REX (range extender) hybrids, are always driven by an electric motor but carry a small internal combustion engine (ICE) whose sole role is to generate electricity when the battery charge runs low. Comparatively, strong hybrids have both an electric battery and a powerful ICE engine, both of which can run the vehicle.To be sure, no carmaker in India manufactures or sells REEVs currently.
09.12 / 09:33
markets
UPS
Waves
Platform
Fighting
BURST
Ford and Renault team up in Europe to compete against low-price Chinese cars
Subscribe to enjoy similar stories. Ford is turning to French peer Renault to help reboot its European business, in a fresh sign of the upheaval being caused by Chinese automakers outside the U.S. “We know we’re in a fight for our lives in our industry, and no better example than here in Europe," Ford Chief Executive Officer Jim Farley told journalists in Paris.
01.04 / 21:23
Hollywood
Citi
Platform
awards
Oscar
blues
stars
This veteran Hollywood star took New York City subway with wife on Monday. Check out who is he and what happened
Harrison Ford and Calista Flockhart used public transport in New York City on Monday. They were seen walking in the Upper West Side before heading to a subway station.
12.03 / 18:19
Aware
Career
Football
Trade
reports
Atlanta Falcons sign two-year contract with cornerback Mike Ford: Report
Atlanta Falcons are bringing back cornerback and special teams ace Mike Ford, who spent the past two seasons with the Cleveland Browns. The Falcons have agreed to a deal with Ford, offering him a two-year contract worth $4 million, according to ESPN’s Adam Schefter.
12.03 / 04:59
markets
security
wellness
Trade
President
War
country
Tariffs could hurt business, growth and earnings: Peter Cardillo
«The situation here is very tense in the sense that the administration continues to go back and forth on tariffs and so there is no clear vision of what is really happening,» says Peter Cardillo, Spartan Capital Securities. For emerging markets, is it too late to get bearish and for US market, is it too early to get bullish? Can I put it this way? Peter Cardillo: Well, the tariff situation is impacting the global markets and if this continues here in the States, then it is safe to say that the global markets, especially the emerging markets, will continue to act accordingly.
11.03 / 21:13
UPS
Trade
President
War
social
reports
Donald Trump doubles down on tariffs; President's aggressive new tariffs could plunge three U.S states into darkness as Canada threatens power cuts
Trump's threat came after Ontario Premier Doug Ford retaliated against the US by imposing 25% tariffs on three American states—Michigan, New York, and Minnesota, and Ford also threatened to «shut the electricity off completely if America continues to escalate,» Daily Mail reported.
20.02 / 14:51
UPS
Tesla
Trade
show
reports
Sporting
Mercedes-Benz earnings are a bad sign for EV sales. What it means for Ford, Tesla.
Subscribe to enjoy similar stories. Mercedes-Benz stock fell in overseas trading after the German auto maker reported better-than-expected earnings but gave an outlook that doesn’t inspire the passion drivers might feel for a 300 SLR sports car. Thursday, the company announced fourth-quarter earnings per share of $2.68 from sales of about $40 billion.
07.02 / 22:29
05.02 / 10:53
markets
Digital
Manufacturing
Strategy
PAM
country
Ford’s India return delayed: Is the carmaker making a U-turn or just a pit stop?
Ford Motor Company, which announced its return to India last September, now appears to be pumping the brakes on those plans. The much-anticipated January announcement detailing Ford’s India strategy never arrived. Now, sources say, the American automaker is re-evaluating its move and will not reveal a final decision before late summer.
26.01 / 16:13
20.01 / 18:35
Citi
WhatsApp
President
reports
travelers
Department
Where is Joe Biden headed now?
Joe Biden, the 46th president, departed Washington, DC in a traditional send-off ceremony. The ceremony took place on the east front of the US Capitol. Biden and the former first lady took a final flight on Marine One. The helicopter flew over the capital city.
31.12 / 18:29
31.12 / 09:41
markets
Target
Digital
Platform
security
social
Investigations
'Israel is a terrorist state, Free Palestine' flash on Ford's X account. Company confirms handle 'briefly compromised'
«Our X account was briefly compromised and the previous three posts were not authorised or posted by Ford. We are investigating the issue, and apologise for any confusion caused,» said Ford in a statement on X after the company recovered its account on the platform.
17.12 / 16:43
markets
UPS
Target
Election
wellness
reports
Once a household name, is iconic car maker Ford in dire straits? Jefferies downgrades shares to Underperform from Hold, cuts price target to $9 from $12
recession fears becoming a major point of concern for the US stock market in the coming days, due to the incoming Donald Trump administration at the White House in January, things may get even more complex in the coming days. Also Read: Who is Rex Heuermann, suspected serial killer charged with seventh murder in Giglo Beach killings case? The automobile industry's stocks have not been a part of the massive bull run but have maintained a steady rise in the last couple of years, and have also contributed quite well to the top stock indices, as per reports.
13.12 / 06:09
security
Remark
Trade
country
reports
International
Trump says it’s ‘fine’ after Ford threat to cut energy to border states
U.S. president-elect Donald Trump was asked about Ontario Premier Doug Ford’s recent warning that the province could cut off energy exports to about 1.5 million Americans if Trump lays threatened tariffs on Canada next month, saying Thursday it was “fine.”
09.12 / 02:09
markets
UPS
Digital
Experts
PAM
show
BYD on track to top 2024 sales goal and outsell Ford, Honda
BYD is set to show further market share gains when November vehicle sales data is released on Monday, putting it on course to exceed its annual goal and overtake Ford and Honda in global sales. BYD has been on an extraordinary expansion this year, growing capacity and undertaking a massive hiring spree to turbocharge revenue, which overtook EV leader Tesla in the third quarter. Aided by robust sales in China that continued in recent months, BYD is now on course to beat its annual sales target of 4 million vehicles, more than Japan's Honda and Detroit-based Ford in 2024 worldwide sales.
04.12 / 19:25
markets
CEO
Strategy
Software
awards
President
Experts
Ex-Ford India head may steer JSW MG Motor operations
Anurag Mehrotra, ex-managing director and president at Ford India, is set to join JSW MG Motor India as its MD, replacing Rajiv Chaba, CEO Emeritus, who is superannuating on 31 March 2025, said people aware of the movement. Mehrotra who till recently was serving as vice president, international business, and strategy at Tata Motors Commercial Vehicle, is likely to join JSW MG early next month. ET had reported in its 26 November edition that MG JSW has been on a look out for a senior resource who can replace Chaba.
20.11 / 22:05
UPS
Election
Trade
President
country
reports
Canada's provincial leaders want a free trade deal with the US that excludes Mexico
The leader of Canada’s most populous province says all of the country’s provincial and territorial premiers want Prime Minister Justin Trudeau's federal government to negotiate a bilateral trade deal with the United States that excludes Mexico
20.11 / 19:21
markets
COST
Manufacturing
economy
country
International
Ford to cut 4,000 jobs in Europe as it faces economic headwinds and weak EV sales
Ford is cutting its workforce by 4,000 in Europe and the U.K. by the end of 2027, citing headwinds from the economy and pressure from increased competition and weaker-than-expected sales of electric cars
10.11 / 17:41
markets
Marvell
film
Experts
Diversity
Features
Captain America: Brave New World: See trailer, cast, production team and release date
Marvel Studios has unveiled the latest trailer for Captain America: Brave New World, featuring Anthony Mackie as Captain America. The reveal took place at D23 Brazil, where Mackie and Danny Ramirez greeted fans. The trailer showcases Mackie's Sam Wilson facing off against the Red Hulk, played by Harrison Ford.
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