Jack Cooper Transport Co. LLC is planning to lay off 89 employees and permanently close its plant in Wayne after losing a contract from longtime customer Ford Motor Co. The Kansas City-based car hauler, which operates across from Ford’s Michigan Assembly Plant, said the cuts will start Feb. 2, according to a WARN notice sent to the state.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $20.0 for Ford Motor over the last 3 months.
Detroit Auto Dealers Association co-directors Rod Alberts and Sam also appear on the show and share thoughts about Bill Ford and Roger Penske.
The state police are testing a 2024 Ford Mach-E to see how electric vehicles perform as patrol cars. The results could influence nationwide adoption.
When speaking to the Detroit Free Press, Ford Police Brand Marketing Manager Lindsey Bertino said the company first launched the Mustang Mach-E Police Pilot program back as a 2022 model year program, with the vehicle's performance being tested in the MSP's Police Vehicle Evaluation.
The great-grandson of Ford founder Henry Ford shared insights into working with his adult kids and a conversation he had with Donald Trump days ago.
While the Shelby GT500 Super Snake was a rare prototype, this muscle car was the rarest to leave the Ford Motor Company’s factory.
On Feb. 20, we will honor Bill Ford in person during a special luncheon inside the magnificently renovated Michigan Central Station. As part of the event, he will sit down for a one-on-one exclusive conversation with Crain Communications CEO KC Crain.
Fintel reports that on January 22, 2025, Barclays downgraded their outlook for Ford Motor (NYSE:F) from Overweight to Equal-Weight. Analyst Price Forecast Suggests 16.97% Upside As of December 23, 2024,
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Michigan, the Great Lakes State, is renowned for its automotive history, beautiful waterways and thriving urban centers. Its largest cities reflect the state's industrial heritage, cultural diversity and ongoing innovation.
There was a brief moment where I, as a child growing up in Michigan, thought heaven might look something like the North American International Auto Show. Inside a vast convention center hall, impossibly shiny cars stretched out before me in a vast maze that seemed to hold surprises around each corner.