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30.09.26 - 18:48
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Ford’s Sales Hit Alarming Drop (24/7 Wall St.)
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According to Cox Automotive, Ford (NYSE: F) is headed for a year in which sales will fall 8.8% through the first three quarters. That is slightly better than the Q3 forecast of a 7.1% unit sales collapse. With 1,505,134 vehicle sales from January through September, its US market share is expected to fall to 12.5%. […]...
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29.09.26 - 18:36
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JPMorgan, Ford to Invest Billions in Michigan Manufacturing (Bloomberg)
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JPMorgan Chase & Co. and Ford Motor Co. are helping launch a new program to bolster production in the state of Michigan. The bank and automaker will help suppliers in the program. JPMorgan CEO Jamie Dimon, Ford CEO Jim Farley and Michigan Governor Gretchen Whitmer speak exclusively to Bloomberg's David Westin in Detroit. (Source: Bloomberg)...
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29.09.26 - 17:36
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Michigan LIFT Launches to Accelerate Industrial Innovation, Scale Manufacturing Growth and Strengthen U.S. Competitiveness (Business Wire)
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Ford Motor Company, JPMorganChase, the State of Michigan, Michigan Central and Newlab have launched Michigan LIFT to help innovative suppliers win business from leading manufacturers and access the financing and state support they need to expand production
Over the next decade, Ford aspires to award up to $1 billion in contracts to participating suppliers; JPMorganChase aspires to provide up to $1 billion in financing to suppliers on Michigan LIFT; and Michigan Central, Newlab and MEDC aspire to attract additional industrial buyers representing more than $1 billion in annual demand by 2036.
Michigan LIFT is calling on additional industrial buyers and innovative suppliers across critical sectors to join the platform.
DETROIT--(BUSINESS WIRE)--Ford Motor Company, JPMorganChase, the State of Michigan, Michigan Central and Newlab today announced the Michigan Launchpad for Industrial Innovation & Transformation (Michigan LIFT), a public-private initiative designed to strengthen manufacturers' competitiveness ...
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