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Ford Motor Co

US auto union leader promises fight to get workers a ‘fair share’

Published 29 Mar, 2023 06:27am

DETROIT: Shawn Fain, the new president of the United Auto Workers union, on Monday said he is ready to go to war...

Ford recalls nearly 519,000 US vehicles over fire risks

Published 24 Nov, 2022 04:53pm

Ford Motor Co is recalling nearly 519,000 sport utility vehicles (SUVs) in the United States over fire risks from...

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

Published 21 Oct, 2022 11:49am

The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions...

Ford reports strong demand for new vehicles in September

Published 05 Oct, 2022 07:08am

WASHINGTON: Ford Motor Co on Tuesday reported strong demand for new vehicles in the United States in September amid...

Ford unveils newest Mustang, extending gasoline-powered life

Updated 15 Sep, 2022 03:53pm

DETROIT: Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown...

Chip makers have a message for car makers: Your turn to pay

Published 04 Aug, 2022 10:05am

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over ...

Wall St gains on hopes of smaller rate hikes as economy shrinks again

Published 28 Jul, 2022 11:22pm

Wall Street's major indexes reversed course to gain in early afternoon trading on Thursday, as a contraction in the...

Apple dives deeper into autos with software for car dashboard

Published 07 Jun, 2022 06:54am

NEW YORK: Apple Inc on Monday announced it would more deeply integrate its software into the instrument cluster on...

Ford to invest $3.7bn for production of EVs, gas-powered vehicles

Published 02 Jun, 2022 07:53pm

DETROIT: Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and...

Ford to pay US states $19.2mn over false advertising claims

Published 24 May, 2022 10:12pm

WASHINGTON: Ford Motor Co will pay $19.2 million to resolve allegations it falsely advertised real-world fuel...

Ford recalls 39,000 US SUVs after engine fire reports

Published 19 May, 2022 03:56pm

WASHINGTON: Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised...

Ford makes U-turn, shelves plans for EV exports from India

Published 13 May, 2022 05:59am

NEW DELHI: Ford Motor Co said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports,...

VW to challenge Rivian, Ford with electric Scout SUV

Published 11 May, 2022 05:54pm

HAMBURG/WASHINGTON: Volkswagen plans to expand its electric in vehicle range the United States with a fully electric...

Ford recalls 737,000 U.S. vehicles over software and fire-risk issues

Published 01 Apr, 2022 07:17pm

WASHINGTON: Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil...

Ford, GM to halt production at two Michigan plants due to parts shortage

Published 01 Apr, 2022 11:52am

Ford Motor Co and General Motors will each halt production next week at a Michigan plant due to parts shortages, the...

Ford to cut orders for hybrid pick up Maverick

Published 24 Jan, 2022 08:37pm

Ford Motor Co is cutting off customer orders for the Maverick, a hybrid affordable pickup that the automaker had...

Ford posts 7% fall in 2021 US auto sales

Published 05 Jan, 2022 08:40pm

Ford Motor Co reported a 6.8% fall in 2021 US vehicle sales on Wednesday, as the automaker struggled to deliver its...

Ford partners with Salesforce to expand software business

Published 07 Dec, 2021 08:35pm

DETROIT: Ford Motor Co said Tuesday it plans to launch a new subscription software service aimed at small ...

Ford delays return-to-work hybrid plan to March amid COVID uncertainty

Published 06 Dec, 2021 11:23pm

Ford Motor Co said on Monday it would push its return-to-work hybrid plan to March as the state of the COVID-19...

GM aims to tackle chip shortage with new designs made in North America

Updated 18 Nov, 2021 11:23pm

General Motors aims to tackle the global semiconductor shortage with new designs built in North America, President...

Global carmakers now target $515 billion for EVs, batteries

Published 10 Nov, 2021 12:41pm

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through...

GM, Ford results likely to reflect chip shortage's varying impacts on sector

Published 25 Oct, 2021 03:55pm

DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial...

GM, Ford to settle suit over use of 'BlueCruise' name for hands-free driving

Published 04 Oct, 2021 09:23pm

GM says both automakers "have resolved the case and related proceedings amicably. At this time, we have no further comment."

Ford wakes up badly burnt from its India dream

Published 17 Sep, 2021 05:22pm

Ford takes a $2 billion hit to stop making cars in India
Sales have stagnated at about 3 million cars

No path to profitability: Ford to end manufacturing in India

Updated 09 Sep, 2021 06:41pm

Ford follows other US carmakers such as General Motors and Harley Davidson which have already left India
Carmaker entered India 25 years ago but has a less than 2% share of the passenger vehicles market

GM to cut North American production, citing chip shortage

Published 03 Sep, 2021 04:58am

WASHINGTON: General Motors Co will reduce production at most North American assembly plants this month because of ...

Ford doubles Lightning production target on strong pre-launch demand

Published 24 Aug, 2021 12:09pm

The No. 2 US automaker is targeting annual production of more than 80,000 in 2024, up from its prior target of more than 40,000

Biden to set target for 50% EVs by 2030; industry backs goal

Published 05 Aug, 2021 02:05pm

Last month, Stellantis said it was targeting over 40% of US vehicles to be low-emission by 2030

GM boosts spending on electric vehicles, to add two new US battery plants

Published 16 Jun, 2021 07:08pm

The No. 1 US automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down the industry.
GMT's announcement comes less than a month after rival Ford Motor Co upped its EV spending by more than a third to over $30 billion by 2030.

Ford's electric Mustang tops Norway car sales in May

Published 01 Jun, 2021 07:18pm

Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation (OFV) said, up from 43.1% a year ago as the country seeks to become the first to end the sale of petrol and diesel engines by 2025.

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World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.42 ▲ 0.99 (13.32%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Asia Ins. / Jun 4 Asia Insurance Company Limited(ASIC)	37 ▲ 3.16 (9.34%)
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	4.96 ▲ 0.39 (8.53%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,948.15 ▼ -216.46 (-10%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	27 ▼ -2.78 (-9.34%)
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	76 ▼ -6.48 (-7.86%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Frontier Ceramics / Jun 4 Frontier Ceramics Limited(FRCL)	75.01 ▼ -4.16 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Shahmurad Sugar / Jun 4 Shahmurad Sugar Mills Limited(SHSML)	358.11 ▼ -14.63 (-3.92%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	78.65 ▼ -3.09 (-3.78%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	35,087,609 ▲ 0.29
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	10,507,560 ▲ 0.25
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	8,615,066 ▲ 2.07
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	7,888,114 ▲ 0.46
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	6,950,148 ▲ 0.28
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	6,702,120 ▲ 0.39
Telecard Limited / Jun 4 Telecard Limited(TELE)	5,891,701 ▲ 0.42
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	5,080,839 ▲ 0.68
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,077,425 ▲ 0.48
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	3,440,424 ▲ 0.23

Ford Motor Co

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