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☆ Cramer says Club portfolio is positioned to buy market dips. Here's where investors can look
▼ + stars: | 2023-05-15 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

The company for the first time broke out financial results for its Ford Blue, Ford Pro and Ford Model e units. Ford Blue earnings before interest and taxes doubled to $2.56 billion, a margin of 10.4%, and Ford Pro EBIT nearly tripled to $1.4 billion, a margin of 10.3%. For 2023, the automaker expects full-year EBIT for Ford Blue to climb slightly to $7 billion, while Ford Pro EBIT could nearly double, to almost $6 billion. Its combustion-vehicle business, Ford Blue, averaged pretax profit of $3,715 a vehicle, while the Ford Pro commercial business earned $4,053 per vehicle, based on the company's financial data. Most of the pricing improvement Ford achieved during the quarter came from the company's Ford Pro commercial vehicles.

Though, Ford CEO Jim Farley made it clear Tuesday that he would not price his electric vehicles purely to gain market share. But with execution improving and our patience paid for through the roughly 5% dividend yield, we are sticking by Ford. Ford expects Ford Blue to deliver full year EBIT of about $7 billion, Ford Model e to report a loss of around $3 billion, and Ford Pro's EBIT to be around $6 billion. We maintain a 2 rating on Starbucks stock for now, but expect we may soon be looking to buy shares back. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Riding with the woman in charge of America’s last muscle car
▼ + stars: | 2023-04-22 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

I could take a ride in what will soon be America’s last gasoline-powered muscle car with the woman who’s in charge of getting it into production and onto the street. Courtesy FordTransou and others at Ford will tell you there is an electric Mustang, the Mustang Mach-E SUV. As we took off, there was a burst of speed and throaty V8 engine noise as we blasted down Manhattan’s 10th Avenue. First, it’s the only actual car Ford currently sells in the United States. About 40% of V8 Mustang buyers get a manual transmission, she said, going for that truly classic driving experience.

☆ Ford to lose $3 billion from EV sales to consumers this year
▼ + stars: | 2023-03-23 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —Ford (F) said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the profit targets it set for this year of between $9 billion and $11 billion. Ford said those EV losses and the overall profit both come before expenses from interest and taxes. “Ford Blue” is the segment for consumer vehicles with internal combustion engines (ICE) and hybrid vehicles, “Ford Model e” is the segment for EVs, and Ford Pro for commercial vehicles, including both ICE and EVs. Last year it had earnings before interest and taxes of $6.8 billion from Ford Blue, $3.2 billion from Ford Pro, in addition to $2.7 billion from Ford Credit, which covered the losses from last year. It expects to make about $7 billion from Ford Blue and $6 billion from Ford Pro this year, although profits from Ford Credit are expected to fall by about 50% to $1.3 billion.

☆ Top 10 things to watch in the stock market Thursday: Stocks bounce, Ford EVs, Apple
▼ + stars: | 2023-03-23 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Marathon Oil (MRO) and Club holding Pioneer Natural Resources (PXD) catch upgrades at Citi. Club holding Ford (F) unveiled its new financial reporting structure ahead of Thursday's teach-in event. Club holding Apple (AAPL) increasing its commitment to sports and content? Coty (COTY) added to Piper Sandler's top ideas in beauty after analysts performed a round of checks in stores in Chicago plus recent company updates. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Ford's EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units
▼ + stars: | 2023-03-23 | by ( John Rosevear | ) www.cnbc.com time to read: +4 min

The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, D.C., U.S., on Wednesday, July 28, 2021. Ford Motor said Thursday its electric vehicle business lost $2.1 billion last year on an operating basis, a loss that was more than offset by $10 billion in operating profit between its internal combustion and fleet businesses. The Detroit automaker expects 2023 to unfold along similar lines, forecasting an adjusted loss of $3 billion for its EV unit, adjusted earnings of about $7 billion for its internal combustion unit, and adjusted earnings of roughly $6 billion for its fleet business. Those revised results show that while Ford Model e, the company's EV unit, lost $2.1 billion last year, Ford Blue and Ford Pro generated $6.8 billion and $3.2 billion of adjusted operating income, respectively. Those 2022 Model e losses more than doubled unit losses from 2021, as the company continues to ramp up EV production.

☆ Ford’s path to electric glory requires rocket fuel
▼ + stars: | 2023-03-23 | by ( Jonathan Guilford | ) www.reuters.com time to read: +3 min

NEW YORK, March 23 (Reuters Breakingviews) - Ford Motor (F.N) has set itself a destination: to be a leader in electric vehicles. The U.S. auto manufacturer disclosed the losses generated by its EV business, now called Ford Model e. Investors can now better see how ambitious this journey is. Model e generated an operating loss of $2.1 billion in 2022, steeper than 2021’s hit of roughly $900 million. The automaker reiterated guidance that its electric car business, known as Ford Model e, will generate 8% operating profit margins by late 2026, from a margin of negative 41% in 2022. The company expects to reach run-rate production of 2 million electric vehicles by the end of 2026, from 96,000 last year.

☆ Ford says it will burn $3 billion on EVs this year, in a bleak signal for the cars that underpin its future
▼ + stars: | 2023-03-23 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Ford Chief Financial Officer John Lawler rationalized the expected losses on a call with reporters by explaining that Ford Model e exists as an "EV startup within Ford." As part of this restructuring, Ford created Model e, the EV division, Ford Blue, the gas-powered vehicle division, and Ford Pro, the commercial vehicle division. For now, Ford says, its Blue and Pro divisions will be driving profits while Model e loses money. While Model e is slated to lose money this year, Ford provided profitable projections for its Blue and Pro divisions this year. For 2023, Ford Blue is expected to earn about $7 billion for the company, while Ford Pro's earnings before taxes are expected to near $6 billion, the company said Thursday.

As the image shows, on an earnings before interest and tax (EBIT) basis, Ford Model e had a profit margin of roughly negative 40% in 2022. Ford Motor disclosed on Thursday that its electric vehicle unit, called Ford Model e, lost $2.1 billion in 2022 — and could lose as much as $3 billion in 2023. Here, step by step, is how Lawler said Ford expects Model e to get to a positive 8% EBIT profit margin in under four years:Scale. Ford expects to have the capacity to build EVs at a rate of 2 million per year by the end of 2026. Ford expects to have the capacity to build EVs at a rate of 2 million per year by the end of 2026.

Club holdings Apple (AAPL) Ford Motor (F) and Estee Lauder (EL) were in the news Thursday. Apple has primarily released its content directly on Apple TV+, with some projects getting limited runs in a handful of cinemas. The Club's take: We welcome Apple making smart, strategic investments that make Apple TV+ a more valuable streaming service to potential subscribers. Estee Lauder EL YTD mountain Estee Lauder stock performance year-to-date. The news: Citi outlined its bull and bear cases for Club holding Estee Lauder in a research note Thursday.

☆ Ford will start making Lightning electric trucks again on March 13
▼ + stars: | 2023-03-02 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Following an issue with a battery fire during testing, Ford will restart production of its popular F-150 Lightning electric pickup on Monday, March 13, the company announced Thursday. During pre-delivery inspections, one of the trucks caught fire, according to Ford, and the company halted production and deliveries of the F-150. In the coming days, the new battery cells will be assembled into the battery packs that Ford uses to build the trucks. Stellantis is also supposed to begin production of the Ram 1500 Rev electric truck later next year, as well. The automaker is also building production facilities in Kentucky and Tennessee to build electric vehicle batteries and electric trucks.

Ford can save up to $2.5 billion this year through better management of production schedules and a drop in commodity prices, the company's chief financial officer, John Lawler, said at an auto conference. The automaker posted dismal quarterly results earlier this month and blamed chip shortages, supply chain disruptions and production "instabilities" for adding to its costs. Lawler has said Ford faces $5 billion in higher costs this year and that the company will be "very aggressive" in reducing expenses in its manufacturing, supply chain and distribution operations. Longer term, the company aims to reduce dealer inventories and drive more transactions online, among other measures, according to Chief Executive Jim Farley. Making an EV more aerodynamic can save "thousands of dollars in battery costs," Farley said.

☆ Ford to cut 11% of its European workforce in EV push
▼ + stars: | 2023-02-14 | by ( Anna Cooban | ) edition.cnn.com time to read: +2 min

London CNN —Ford has announced plans to axe 3,800 jobs across Europe, citing difficult economic conditions and its major push toward electric vehicles. Economic pressureThe job cuts also come on the back of “unprecedented economic and geopolitical headwinds” in the region, a Ford spokesperson told CNN. The past year has been difficult for European manufacturers. The eye-watering costs weighed on producers, causing some to slash production, relocate parts of their operations outside Europe, and lay off staff. Wholesale gas prices — a key input for much of Europe’s heavy industry — are now back to their pre-war levels.

☆ Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
▼ + stars: | 2023-02-14 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

Automaker Ford on Tuesday said it intends to cut 3,800 jobs in Europe over the next three years to adopt a "leaner" structure as it focuses on electric vehicle production. The company plans to slash 2,300 jobs in production development and administration in Germany, 1,300 in the U.K. and 200 posts elsewhere in Europe. It said it will retain roughly 3,400 engineering roles in Europe, focused on vehicle design and development, alongside the creation of linked services. The company expects production of its first European-built electric passenger vehicle to start later this year. "Paving the way to a sustainably profitable future for Ford in Europe requires broad-based actions and changes in the way we develop, build, and sell Ford vehicles.

☆ Ford's latest EV blunder increases the odds we'll drop the stock, if there's no progress this quarter
▼ + stars: | 2023-02-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford Motor (F)'s decision to halt production and shipments of its electric pickup truck further undermines our confidence in the automaker. CEO Jim Farley said the weak earnings were a function of the automaker's transition to a new business structure that limited production capacity, combined with poor execution. "It's inexcusable that Ford had a bad quarter," Jim said at the time. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Ford's CEO needs to deliver by next quarter, or we're moving on from the stock
▼ + stars: | 2023-02-03 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Ford Motor (F) CEO Jim Farley said the automakers' messy fourth quarter was a function of its transition to a new business structure that limited production capacity, combined with poor execution. But we remain disappointed in the results and need to see an increase in profitability to stick with the stock after the next quarter. The Club take "It's inexcusable that Ford had a bad quarter," Jim Cramer said Friday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.

☆ Ford’s EV price cuts could pressure profitability, a headwind the automaker needs to address
▼ + stars: | 2023-01-30 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Ford Motor (F) confirmed Monday what Jim Cramer has been speculating for weeks: Price cuts on its electric vehicles following similar moves by Tesla (TSLA). Depending on the models, Ford's price reduction "hurts our decision to own Ford," Jim said Monday after the automaker said the move will make some Mach-E trims unprofitable. Last year, Ford announced a split of its EV and internal combustion engine units into separate businesses — called Ford Model e and Ford Blue, respectively — aiming to increase efficiencies unique to each and maximize profits. F 1Y mountain Ford (F) 1 year performance The Club's take With investors concerned about margin pressure due to the price cuts, we'll be looking for messaging on Ford's next steps to address the problem. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ She Turned a 93-Year-Old Ford Into a Hot Rod
▼ + stars: | 2023-01-07 | by ( A.J. Baime | Photographs Tracy Nguyen For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Stacie Depner , 46, a mechanical engineer and medical device product-development director living in Anaheim, Calif., on her 1930 Ford Model A hot rod, as told to A.J. When I was in my second year in college, I was living on University Avenue in Minneapolis and every weekend I would see old cars drive by. I found out that everyone was going to Porky’s, a famous drive-in, for cruise nights. I thought: “I wonder what other cool car events are going on around here?” That’s when I found out about Back to the 50’s, which is one of the biggest annual car shows in the country. I first went in 1996, and this was a eureka moment for me.

Following Thursday's trade, Jim Cramer's Charitable Trust will own 6,500 shares of F, increasing its weighting in the portfolio to 2.63% from 2.44%. We are putting some cash to work Thursday, consistent with our discipline of buying in small increments whenever the market becomes oversold, according to the S & P Oscillator. The S & P Oscillator is a technical indicator that has guided us through oversold- and overbought conditions in the market countless times over the years. When the Oscillator moves below minus 4%, it signals oversold conditions in the market, which could mean it's due for a bounce. Of course, the Oscillator could become more oversold from here and the market could continue to drop.

☆ Take a look inside the factory where Ford's cranking out the all-electric F-150 Lightning pickup
▼ + stars: | 2022-12-26 | by ( Nora Naughton | ) www.businessinsider.com time to read: +2 min

Ford is aiming to build 150,000 F-150 Lightnings a year at its revamped factory. Ford is rushing to fill 200,000 reservations for the F-150 Lightning. Ford added the new production shift in November at the same time it completed two large additions to the Dearborn, Michigan factory. Ford's aim is to build 150,000 F-150 Lightnings a year at the factory, double its initial production target. The expansions at the Rouge Electric Vehicle Center are just part of a $30 billion shift toward electric vehicles.

☆ This 31-year old investor nearly quadrupled his multifamily housing empire from California to Texas in just 3 years
▼ + stars: | 2022-11-30 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +4 min

Sean Kia is one of Insider's Rising Stars of Real Estate for 2022. He applies the Ford production model to real estate. Just three years ago, Tides owned $2 billion in the apartment properties. He's been checking those boxes since he got a start in Phoenix, which became home to some of the company's bread-and-butter investments. The typical renter had been paying only 20% of their income on rent, which represented "really good affordability," Kia said.

☆ Google's former payments chief just unveiled his plans for a digital family office that relies on AI and already has $90 million in funding from backers like Ribbit Capital and Coatue
▼ + stars: | 2022-11-02 | by ( Asia Martin | ) www.businessinsider.com time to read: +3 min

Caesar Sengupta spent 15 years at Google and was its payments chief before leaving in 2021. Arta is backed by investors such as Sequoia Capital India and Ribbit Capital. Sengupta left Google in April of last year with seven other Google employees to start Arta: Charles Dong, Chirag Yagnik, David Shapiro, Edward Chiang, Felix Lin, Mark Striebeck, and Zelidrag Hornung. "This is so different from what Google does, we left and Google was extremely supportive," said Sengupta. Sengupta and other former Google executives on the Arta team left in the midst of a series of exits of high-ranking Google employees.

☆ A Tesla executive laid out the company's next 5 years at an invite-only conference
▼ + stars: | 2022-09-12 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

Tesla executive Martin Viecha spoke at the invite-only Goldman Sachs tech conference on Monday. Tesla wants to eventually put a cheaper vehicle on the road in time for its robotaxi service. As Tesla's head of investor relations, Viecha was speaking during the invite-only Goldman Sachs tech conference in San Francisco on Monday. "EV architecture is so different from internal combustion engine, it allows for a third revolution in automotive manufacturing," Viecha said. A cheaper Tesla EV?

☆ The most outstanding cars Ford mega-fans saw at the largest Ford-only auto show in Carlisle, Pennsylvania
▼ + stars: | 2022-06-07 | by ( Alexa St. John | ) www.businessinsider.com time to read: +1 min

Ford fans gathered at the carmaker's largest auto show in Carlisle, Pennsylvania this weekend. Showgoers got to see everything from classic Ford models to the latest Ford electric vehicles. This article is part of the Ride Along series, a collection of stories recapping some of the biggest auto shows around the country. At the show, the largest Ford-only event in the world, attendees could see a Carlisle car show record of 3,454 Ford, Lincoln, and Mercury vehicles spanning the automaker's history. Here's a look at eight cars, old and new, that caught attention at the show.

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