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Ford Motor

Ford’s US vehicle sales slip 0.5% in November

Ford Motor on Monday posted a 0.5% drop in US sales for November, as the automaker worked to restart some of its key...

Published 04 Dec, 2023 07:40pm

Business & Finance

Honda hikes production workers' pay after UAW deals with Detroit Three

Honda Motor said on Friday it was implementing an 11% pay hike for production workers at its US facilities from...

Published 11 Nov, 2023 12:53am

Business & Finance

Toyota hikes wage of US factory workers after UAW labor deals

WASHINGTON: Toyota Motor said on Wednesday it is raising the wages of nonunion US factory workers just days after ...

Published 02 Nov, 2023 03:15am

Business & Finance

Ford lays off another 150 workers citing UAW strike

Ford Motor said late on Wednesday it is laying off another 150 workers in Michigan because of the ongoing United...

Published 19 Oct, 2023 10:14am

Business & Finance

Limited-edition 2025 Mustang GTD: 800+ horsepower and a $300,000 sticker

Ford Motor is joining rival General Motors in the U.S. supercar ranks with the launch of the 2025 Mustang GTD, a...

Published 18 Aug, 2023 03:09pm

Business & Finance

Ford to cut jobs in the US, Canada in a bid to trim costs

Ford Motor Co said on Tuesday it will begin layoffs this week, impacting mostly engineering jobs in the U.S. and...

Published 27 Jun, 2023 07:14pm

Business & Finance

Ford-SK venture to get $9.2bn US loan for battery plants

WASHINGTON: The US Energy Department plans to lend up to $9.2 billion to a joint venture of Ford Motor and South...

Published 26 Jun, 2023 06:38am

Business & Finance

Ford sees $3bn pretax loss in its EV business this year

Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to...

Published 23 Mar, 2023 10:03pm

Business & Finance

Ford eyes up to $2.5bn in cost savings this year

Ford Motor Co can save up to $2.5 billion this year through better management of production schedules and due to a...

Published 15 Feb, 2023 08:59pm

Business & Finance

Ford to cut prices of Mustang Mach-E, following Tesla’s lead

Ford Motor Co on Monday cut prices of its electric crossover SUV Mustang Mach-E by as much as $5,900 per vehicle,...

Published 30 Jan, 2023 08:31pm

Business & Finance

Ford in talks with China’s BYD to sell German plant: WSJ

Ford Motor Co is in talks with Chinese electric-vehicle maker BYD Co over the sale of a manufacturing plant in...

Published 24 Jan, 2023 06:47pm

Business & Finance

Ford announces series of deals to accelerate EV push

DETROIT: Ford Motor Co on Thursday announced a series of deals to accelerate its shift to electric vehicles,...

Published 21 Jul, 2022 05:02pm

Markets

Ford recalls nearly 3 million US vehicles over rollaway concerns

WASHINGTON: Ford Motor Co is recalling more than 2.9 million vehicles that could roll away because a damaged or...

Published 15 Jun, 2022 05:03pm

Business & Finance

US automaker CEOs, Toyota urge Congress to lift EV tax credit cap

WASHINGTON: General Motors Co, Ford Motor Co, Chrysler-parent Stellantis NV and Toyota Motor North America on Monday...

Published 13 Jun, 2022 08:53pm

Markets

Solid Power aims to ship first solid-state battery cells by year-end to BMW, Ford

Solid Power, a developer of solid-state batteries for electric vehicles, aims to begin shipping pre-production...

Published 06 Jun, 2022 05:36pm

Business & Finance

US to spend more than $3bn on EV battery manufacturing: White House

WASHINGTON: The Biden administration will allocate more than $3 billion in infrastructure funding to finance...

Published 03 May, 2022 03:00am

Business & Finance

Ford says European production hit by chip shortage, Ukraine conflict

Ford Motor Co said on Monday vehicle production and orders in Europe have been hit by the global semiconductor...

Published 22 Mar, 2022 12:58am

Markets

Ford suspends or cuts output at plants due to chip shortage

DETROIT: Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due...

Published 14 Feb, 2022 07:24pm

Markets

Ford's Lincoln brand to launch full slate of electric SUVs by 2026

DETROIT: Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it...

Published 10 Feb, 2022 10:09pm

Markets

Foreign carmakers interested in Ford plant in India

CHENNAI: Foreign automakers have indicated an interest to the government of India's Tamil Nadu state in acquiring...

Published 30 Dec, 2021 09:40pm

Business & Finance

Ford invests $900mn to modernise Thai auto plants

BANGKOK: Ford Motor Co is investing $900 million to upgrade factories in Thailand that build its Ranger pickup truck...

Published 08 Dec, 2021 11:31am

Business & Finance

GM, Cruise sue Ford to block use of 'BlueCruise' name for hands-free driving

In the lawsuit, filed on Friday, GM said the automakers had held "protracted discussions" over the matter but failed to resolve the dispute.

Published 24 Jul, 2021 05:08pm

Business & Finance

Ford recalls 775,000 Explorer SUVs

"Affected vehicles may experience a clunk noise, unusual handling, or a misaligned rear wheel," Ford said.

Published 16 Jul, 2021 08:20pm

Business & Finance

Ford quarterly US auto sales rise on strong SUV, EV demand

The company posted a 117% rise in US electric and hybrid vehicle sales for June. Ford-branded SUV sales rose 37% in June while its Lincoln SUV sales increased 23.3%.

Published 02 Jul, 2021 07:22pm

Business & Finance

Samsung SDI to supply battery cells to EV startup Rivian

Rivian, which aims to put an electric pickup and SUV in production this year, said it had been working with Samsung throughout the process of developing the battery cells.
"We're excited about the performance and reliability of Samsung SDI battery cells combined with our energy-dense module and pack design," said RJ Scaringe, chief executive officer of Rivian.

Published 12 Apr, 2021 08:45pm

Business & Finance

Ford to phase out Mondeo sedan production in Europe in early 2022

The company also reaffirmed all its passenger vehicles in Europe will be fully electric or plug-in hybrids by mid-2026 and all-electric by 2030.
The move comes as Ford is investing heavily in developing connected electric vehicles, with plans to spend $22 billion in electrification through 2025.

Published 25 Mar, 2021 08:57pm

Business & Finance

Subaru plans to reduce production by 48,000 vehicles this year due to chip shortage

The automaker could also possibly suspend or adjust plant operations in future if it cannot procure chips, he said in a post-earnings call.

Published 05 Feb, 2021 11:02am

Business & Finance

Ford Motor terminates electric vehicle plans with China's Zotye

A year later, the two companies said they had signed a memorandum of understanding for another venture that would make electric vehicles for ride-hailing fleets.

Published 04 Feb, 2021 11:20am

Business & Finance

General Motors pledges to Go Green by 2035

General Motors will only sell zero-emission models only by 2035.
The automaker hopes to make all of its global operations and vehicles carbon-neutral by 2040.

Published 01 Feb, 2021 03:00pm

Business & Finance

Taiwan ministry says TSMC will prioritise auto chips if possible

TSMC, in a statement to Reuters, referred to comments from its Chief Executive Officer C.C. Wei on an earnings call this month.

Published 25 Jan, 2021 10:27am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Dec 6 First Punjab Modaraba(FPJM)	1.80 ▲ 0.20 (12.50%)
Popular Islamic / Dec 6 Popular Islamic Modaraba(PIM)	10.50 ▲ 1.00 (10.53%)
Bawany Air Products / Dec 6 Bawany Air Products Limited(BAPL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Dec 6 Tri-Star Power Limited(TSPL)	11.88 ▲ 1.00 (9.19%)
Trust Sec.& Brok. / Dec 6 Trust Securities & Brokerage Limited(TSBL)	12 ▲ 1.00 (9.09%)
Nazir Cotton Mills / Dec 6 Nazir Cotton Mills Limited(NCML)	3.91 ▲ 0.31 (8.61%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Sakrand Sugar / Dec 6 Sakrand Sugar Mills Limited(SKRS)	9.94 ▲ 0.71 (7.69%)
Tariq Corporation / Dec 6 Tariq Corporation Limited(TCORP)	19.18 ▲ 1.34 (7.51%)
Matco Foods Ltd / Dec 6 Matco Foods Limited(MFL)	37.86 ▲ 2.64 (7.50%)

Stock	Price
Universal Ins. / Dec 6 The Universal Insurance Company Limited(UVIC)	6.45 ▼ -0.70 (-9.79%)
Power Cem(Pref) / Dec 6 Power Cement (Pref)(POWERPS)	7.80 ▼ -0.80 (-9.30%)
Unicap Modaraba / Dec 6 Unicap Modaraba(UCAPM)	1.81 ▼ -0.16 (-8.12%)
Universal Network (GEM) / Dec 6 Universal Network Systems Limited (GEM)(GEMUNSL)	26.11 ▼ -2.12 (-7.51%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 6 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Olympia Mills / Dec 6 Olympia Mills Limited(OML)	16.31 ▼ -1.31 (-7.43%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	5.51 ▼ -0.43 (-7.24%)
Philip Morris Pak. / Dec 6 Philip Morris (Pakistan) Limited(PMPK)	510.70 ▼ -39.30 (-7.15%)
Saif Textile / Dec 6 Saif Textile Mills Limited(SAIF)	10.22 ▼ -0.77 (-7.01%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	58,087,694 ▲ 0.24
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.01
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	41,984,500 ▲ 0.28
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	30,480,397 ▲ 1.12
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	28,170,500 ▲ 0.47
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	26,337,000 ▲ 0.36
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	26,128,740 ▲ 0.52
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -1.28
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.58
Maple Leaf Cement / Dec 6 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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Ford Motor

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