The automaker previously sat out from giving to past inaugurations but now joins a growing list of companies pledging money to Trump's festivities.
Filosa also moved Jeff Kommor back to his previous role as U.S. head of sales after a disastrous year that saw Stellantis lose nearly 2 points of market share while inventory piled up at dealerships. Tavares had reassigned Kommor to a commercial sales role in February 2024.
As the new year rolled in a couple of weeks ago, Ford Motor Company announced that its Ford F-150 remained America's number-one-selling vehicle. Overall, new vehicle sales rose 4% in 2024, driven by a 7% increase in truck sales. While SUV sales rose 1%, Lincoln brand SUV demand increased 28% year over year.
Kuniskis retook his position at the top of Ram in December, with sales slipping he has his work cut out for him.
Ford Motor Company ( F 1.74%) has a lot on its plate right now. It's doubling down on quality to offset higher warranty costs that have dented earnings, brainstorming a solution for its spiraling sales in China, and navigating a tricky electric-vehicle (EV) market.
Of course, they often also look for car showrooms that are owned by successful automotive groups in order to get the best deals. Sadly, this seems to have backfired for some, as there is now a class action suit of sorts against the Lindsay Automotive Group for overcharging buyers for Stellantis,
The Jeep owner topped the list of least-trusted franchises among dealers in Kerrigan Advisors's annual dealer survey, with a whopping 72% of Chrysler-Dodge-Jeep-Ram dealers reporting they have "no trust" in Stellantis.
Stellantis' local division, FCA US, reported the fourth-quarter and full-year 2024 sales results across the US market, and the news is pretty bad indeed
We recently published a list of 12 Best Fortune 500 Dividend Stocks To Buy Right Now. In this article, we are going to take a look at where Ford Motor Company (NYSE:F) stands against other best Fortune 500 dividend stocks to buy right now.
While the podium wasn't exactly a surprise, the US automotive market reserved some bombshells for 2024, and it's important to take note
United Airlines stated on Friday January 17th that the company will donate $1 Million to soon to be President Donald Trump’s inaugural committee. United Airlines CEO, Scott Kirby, plans on attending multiple events regarding Donald Trump being put into office over the holiday weekend.
Compiled and published by Fortune Magazine, the Fortune 500 is an annual list that ranks the biggest US companies by revenue.