hikes

maruti suzuki: Interest rate hikes have not yet impacted car demand: Maruti Suzuki’s Shashank Srivastava

The hike in interest rates has not yet impacted demand for vehicles but the real picture will emerge once the semiconductor shortage issue is addressed and production gets normalized, according to a senior official of India. With the launch of new products such as Grand and Brezza adding more to bookings, the company’s pending orders …

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Ford hikes price of the all-electric F-150 Lightning due to shortages, inflation

Ford Motor Co. This week will reopen its order banks exclusive to reservation holders for the all-electric F-150 Lightning pickup truck. With this round comes a slightly longer battery range and a higher sticker price for model year 2023. Citing “significant material cost increases and other factors,” the automaker said in a release it would …

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Ford Stock Jumps As Auto Giant Affirms Outlook, Hikes Dividend After Q2 Earnings Crush

Ford (F) reaffirmed 2022 outlook and hiked the Ford stock dividend late Wednesday after crushing earnings estimates for the second quarter. Ford stock surged Thursday. Strong demand for traditional combustion and new electric vehicles offset supply and inflation headwinds, the automaker said. X “We’re moving with purpose and speed into the most promising period for …

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