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Feb 10 (Reuters) - Ford Motor Co (F.N), opens new tab has cut its stake in Rivian Automotive Inc (RIVN.O), opens new tab to 1.15%, as part of a plan to scale down its holdings in the electric ...
Ford Motor Company has sold a majority of its Rivian shares, according to regulatory filings. Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022 ...
JPMorgan Chase & Co. is leading a potential high-yield bond sale for electronic vehicle manufacturer Rivian, partly to ...
Rivian investors cheer news that a component shortage has been resolved Shares of Ford Motor Co. and Rivian Automotive Inc. rose on Friday after both automakers saw EV sales rise, and, for Rivian ...
and dish out a little extra cash to shareholders after monetizing its Rivian shares. Daniel Miller has positions in Ford Motor Company and General Motors. The Motley Fool recommends General Motors.
Ford Motor Company, Rivian, Mercedes-Benz, Bollinger Motors and Mullen Automotive all made significant news regarding their product portfolios. Many analysts see the electric vehicle industry at a ...
The company’s financial performance was hurt by its stake in Rivian, an electric truck company, and an autonomous car business. By Neal E. Boudette Ford Motor said on Thursday that it lost $2.2 ...
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Ford, GM, and Rivian Catch Stock Downgrades. These Hurt.Wednesday, analyst Adam Jonas downgraded shares of General Motors, Ford Motor, and Rivian Automotive ... GM shares were up 34% on the strength of the company’s $16 billion in share repurchases.
At one time Ford Motor Company was also a key investor in Rivian, having initially approached the EV automaker to build an SUV for its Lincoln brand. Despite once owning a reported 13% stake in ...
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Is Rivian Stock a Buy After the $5 Billion Volkswagen Investment?This agreement is another vote of confidence in Rivian's technology and research capacity. And Volkswagen will join blue chip companies like Amazon and Ford Motor Company, which also have equity ...
(Reuters) -Ford Motor Co has cut its stake in Rivian Automotive Inc to 1.15%, as part of a plan to scale down its holdings in the electric-vehicle maker. Ford, which wrote down the value of its ...
Ford Motor Co. (NYSE: F) has cut its stake in Irvine-based electric vehicle maker Rivian Automotive Inc. (Nasdaq: RIVN) to 1%. Ford previously held an 11% stake in Rivian, 2021 filings indicate. The ...
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