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Ford Motor Co

US auto union leader promises fight to get workers a ‘fair share’

DETROIT: Shawn Fain, the new president of the United Auto Workers union, on Monday said he is ready to go to war...

Published 29 Mar, 2023 06:27am

Business & Finance

Ford recalls nearly 519,000 US vehicles over fire risks

Ford Motor Co is recalling nearly 519,000 sport utility vehicles (SUVs) in the United States over fire risks from...

Published 24 Nov, 2022 04:53pm

Business & Finance

Automakers to double spending on EVs, batteries to $1.2 trillion by 2030

The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and produce millions...

Published 21 Oct, 2022 11:49am

Business & Finance

Ford reports strong demand for new vehicles in September

WASHINGTON: Ford Motor Co on Tuesday reported strong demand for new vehicles in the United States in September amid...

Published 05 Oct, 2022 07:08am

Business & Finance

Ford unveils newest Mustang, extending gasoline-powered life

DETROIT: Ford unveiled Wednesday its seventh-generation Mustang in a brash and boisterous launch event in downtown...

Updated 15 Sep, 2022 03:53pm

Technology

Chip makers have a message for car makers: Your turn to pay

The shortages of computer chips that forced global automakers to scrap production plans for millions of cars over ...

Published 04 Aug, 2022 10:05am

Markets

Wall St gains on hopes of smaller rate hikes as economy shrinks again

Wall Street's major indexes reversed course to gain in early afternoon trading on Thursday, as a contraction in the...

Published 28 Jul, 2022 11:22pm

Business & Finance

Apple dives deeper into autos with software for car dashboard

NEW YORK: Apple Inc on Monday announced it would more deeply integrate its software into the instrument cluster on...

Published 07 Jun, 2022 06:54am

Markets

Ford to invest $3.7bn for production of EVs, gas-powered vehicles

DETROIT: Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and...

Published 02 Jun, 2022 07:53pm

Markets

Ford to pay US states $19.2mn over false advertising claims

WASHINGTON: Ford Motor Co will pay $19.2 million to resolve allegations it falsely advertised real-world fuel...

Published 24 May, 2022 10:12pm

Business & Finance

Ford recalls 39,000 US SUVs after engine fire reports

WASHINGTON: Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised...

Published 19 May, 2022 03:56pm

Business & Finance

Ford makes U-turn, shelves plans for EV exports from India

NEW DELHI: Ford Motor Co said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports,...

Published 13 May, 2022 05:59am

Markets

VW to challenge Rivian, Ford with electric Scout SUV

HAMBURG/WASHINGTON: Volkswagen plans to expand its electric in vehicle range the United States with a fully electric...

Published 11 May, 2022 05:54pm

Markets

Ford recalls 737,000 U.S. vehicles over software and fire-risk issues

WASHINGTON: Ford Motor Co is recalling 737,000 vehicles in the United States over a part that could develop an oil...

Published 01 Apr, 2022 07:17pm

Business & Finance

Ford, GM to halt production at two Michigan plants due to parts shortage

Ford Motor Co and General Motors will each halt production next week at a Michigan plant due to parts shortages, the...

Published 01 Apr, 2022 11:52am

Business & Finance

Ford to cut orders for hybrid pick up Maverick

Ford Motor Co is cutting off customer orders for the Maverick, a hybrid affordable pickup that the automaker had...

Published 24 Jan, 2022 08:37pm

Markets

Ford posts 7% fall in 2021 US auto sales

Ford Motor Co reported a 6.8% fall in 2021 US vehicle sales on Wednesday, as the automaker struggled to deliver its...

Published 05 Jan, 2022 08:40pm

Markets

Ford partners with Salesforce to expand software business

DETROIT: Ford Motor Co said Tuesday it plans to launch a new subscription software service aimed at small ...

Published 07 Dec, 2021 08:35pm

Business & Finance

Ford delays return-to-work hybrid plan to March amid COVID uncertainty

Ford Motor Co said on Monday it would push its return-to-work hybrid plan to March as the state of the COVID-19...

Published 06 Dec, 2021 11:23pm

Business & Finance

GM aims to tackle chip shortage with new designs made in North America

General Motors aims to tackle the global semiconductor shortage with new designs built in North America, President...

Updated 18 Nov, 2021 11:23pm

Business & Finance

Global carmakers now target $515 billion for EVs, batteries

Global automakers are planning to spend more than half a trillion dollars on electric vehicles and batteries through...

Published 10 Nov, 2021 12:41pm

Business & Finance

GM, Ford results likely to reflect chip shortage's varying impacts on sector

DETROIT: General Motors Co and Ford Motor Co are likely to show investors both the positive and negative financial...

Published 25 Oct, 2021 03:55pm

Business & Finance

GM, Ford to settle suit over use of 'BlueCruise' name for hands-free driving

GM says both automakers "have resolved the case and related proceedings amicably. At this time, we have no further comment."

Published 04 Oct, 2021 09:23pm

Business & Finance

Ford wakes up badly burnt from its India dream

Ford takes a $2 billion hit to stop making cars in India
Sales have stagnated at about 3 million cars

Published 17 Sep, 2021 05:22pm

Business & Finance

No path to profitability: Ford to end manufacturing in India

Ford follows other US carmakers such as General Motors and Harley Davidson which have already left India
Carmaker entered India 25 years ago but has a less than 2% share of the passenger vehicles market

Updated 09 Sep, 2021 06:41pm

Business & Finance

GM to cut North American production, citing chip shortage

WASHINGTON: General Motors Co will reduce production at most North American assembly plants this month because of ...

Published 03 Sep, 2021 04:58am

Business & Finance

Ford doubles Lightning production target on strong pre-launch demand

The No. 2 US automaker is targeting annual production of more than 80,000 in 2024, up from its prior target of more than 40,000

Published 24 Aug, 2021 12:09pm

World

Biden to set target for 50% EVs by 2030; industry backs goal

Last month, Stellantis said it was targeting over 40% of US vehicles to be low-emission by 2030

Published 05 Aug, 2021 02:05pm

Business & Finance

GM boosts spending on electric vehicles, to add two new US battery plants

The No. 1 US automaker said it will now spend $35 billion through 2025 on EVs, an increase of 75% from March 2020 before the COVID-19 pandemic shut down the industry.
GMT's announcement comes less than a month after rival Ford Motor Co upped its EV spending by more than a third to over $30 billion by 2030.

Published 16 Jun, 2021 07:08pm

Business & Finance

Ford's electric Mustang tops Norway car sales in May

Battery electric vehicles made up 60.4% of all new cars sold in Norway last month, the Norwegian Road Federation (OFV) said, up from 43.1% a year ago as the country seeks to become the first to end the sale of petrol and diesel engines by 2025.

Published 01 Jun, 2021 07:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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