Ford Motor Company ( NYSE:F ) and semiconductor maker GlobalFoundries ( NASDAQ:GFS ) recently inked a deal that could not only resolve the legacy automaker's supply chain challenges during the pandemic but also affect the global shortage afflicting the auto industry as a whole. In this segment of Backstage Pass , recorded on Nov. 19 , Fool contributors Toby Bordelon, John Rosevear, and Travis Hoium discuss. Toby Bordelon: It was interesting when I saw this. I wondered, those comments you mentioned from Ford's CEO, it almost seems like they are signaling: "Hey, we're in the mood to do deals and you should expect something from us because we're not just going to sit back. We're going to be proactive and doing what we need to do to deal with these issues." John Rosevear: I absolutely think Jim Farley is telling the world: "Come talk to us. Yes, we did this with batteries and what we're seeing now is that wasn't a one-off, we're going to do this with chips, … [Read more...] about Will Ford’s Deal With GlobalFoundries Impact the Ongoing Chip Shortage?
Ford truck design
Headlines for the electric vehicle market are typically dominated by market leader Tesla . However, as environmental, social, and corporate governance (ESG) standards become more commonplace within corporations, Tesla may begin to experience some competition from traditional automakers. In 2021, Ford ( NYSE:F ) outlined its ambitions to supercharge its business beyond its legacy gas-powered trucks. Over the last 12 months, Ford's stock has risen over 140%. Let's dig in and see if this surge was warranted and if now is a good time to invest in the company. Current state of the market Despite the amount of attention electric vehicles garner, the current market size is small. The market is bifurcated into all-electric options such as Tesla, and hybrid electric vehicles, which include electric motors and an internal combustion engine. According to LMC Automotive, sales of electric vehicles, including plug-in hybrids, are forecasted to be less than 4% of U.S. sales in 2021. … [Read more...] about After a Terrific 2021 Performance, Ford Is Set Up to Continue Supercharging Its Business
Share to Twitter Share to Linkedin Rising sales helped net profit at Great Wall Motor, China’s largest home-grown SUV maker, increase by 26% in the 12 months to December, the big non-government controlled-automaker said on Sunday. Profit rose to 6.78 billion yuan, or $1.06 billion. Operating revenue grew by 32% to 136 billion yuan, or $21 billion, the company said, citing provisional figures. Great Wall also makes pick-up trucks and sedans. Great Wall announced earlier this month that shipments increased by 15.2% to 1.28 million vehicles last year. Some 750,228 of those were Havals, its SUV model. Sales of Ora sedans, its electric vehicle centerpiece, more than doubled from a year earlier to 134,028. The company, which has factories in India, Russia and Thailand, didn’t give a breakdown between domestic and international shipments. Great Wall’s business gained at a time when sales in China’s auto market — the world’s largest – expanded by 3.8% to 26 … [Read more...] about China SUV Leader Great Wall’s Profit Gained 26% In 2021 Amid Auto Industry Upheaval
Share to Twitter Share to Linkedin The global pandemic has continued to turbocharge and accelerate the adoption of several emerging technologies. By Mergermarket’s Technology, Media and Telecommunications staff From electric vehicles to the technology that is sending billionaires into space, Mergermarket has identified five trends likely to drive M&A for the technology sector in 2022. #1 Creaky supply chain to drive dealmaking Logistics and supply-chain-management technology should see healthy deal activity in 2022 following a year when stimulus-fueled consumer demand strained the global flow of goods . “Retailers, manufacturers [and] food, they’re seeing the risk” of insufficient supply chain capacity, said Jonathan Savoir, CEO and co-founder of supply chain platform Quincus. “Delays cripple retail operations and your bottom line. It will accelerate investment and acquisitions.” Large logistics companies like Penske … [Read more...] about Five Tech Trends To Watch In 2022
In the last six months, Lucid Group ( NASDAQ:LCID ) has jumped 81% while the S&P 500 has risen just 6.2%. Not all electric vehicle (EV) stocks have been so fortunate, with many selling off over the last few months. Despite some weakness in EVs today, the market is growing and leaders are emerging. And three Fool.com contributors think General Motors ( NYSE:GM ) , Nio ( NYSE:NIO ) , and Ford Motor Company ( NYSE:F ) are better investments today than even Lucid. Image source: Getty Images. Detroit's EV play Travis Hoium (General Motors): Most of the companies thought to be EV stocks are effectively start-ups today. But it's extremely difficult to go from start-up to scale in the auto business, so I think a great investing strategy would be betting on an established company making the EV transition. General Motors fits that description. By 2025, GM will launch 30 models of EVs and by 2035 it will only make electric vehicles, based on … [Read more...] about Missed Out on Lucid? 3 Better EV Stocks to Buy Now
Share to Twitter Share to Linkedin While to many consumers full electric-powered vehicles may still seem like the rides of the future, the genre’s day may have finally come. With at least 18 new models coming to market in the months ahead—including cars, SUVs, and even pickup trucks—this is shaping up to be a watershed year for plug-in vehicles. Why buy an EV? For starters, electric cars still carry a certain cachet of ownership. Elon Musk built Tesla into a powerhouse automaker by offering EVs that appeal as much for their “coolness” as their capabilities. Despite some still regarding EVs are little more than glorified golf carts in terms of their performance, they’re actually livelier than comparable gas-powered rides. Even a modestly powered EV can feel as fast from a standing start as a sports car because an electric motor generates 100 percent of its available torque instantly and continuously. Some are able to reach 60 mph in as little as three seconds … [Read more...] about Why 2022 Could Be The Year You Buy An Electric Vehicle