Ford raises 2021 earnings forecast and reinstates dividend

Ford raises 2021 earnings forecast and reinstates dividend

October 27, 2021 | Daily JAM, F, Jubak Picks | 1 comment

So far Ford Motor (F) is meeting the expectations I had when I added it to the Jubak Picks Portfolio on June 9, 2021. Today, Wednesday, October 27, the company raised its earnings forecast (EBITDA) for 2121 to $10.5 billion to $11.5 billion on an improved supply of chips, and strong demand for its cars, especially for the electric versions of its Mustang and F150 pickup. The company also reinstated a quarterly dividend-

Biden adds goals and rules to speed up transition to electric vehicles

Biden adds goals and rules to speed up transition to electric vehicles

August 5, 2021 | Daily JAM, EVGO, Long Term, Millennial, Volatility | 0 comments

Today President Joe Biden unveiled a plan that would speed up the transition to electric vehicles in the United States. Included was an executive order (in this case a goal) calling for half of new passenger car sales to be of electric vehicles powered by batteries and fuel cells or plug-in electric hybrids by the end of the decade. And new proposed regulations from the Environmental Protection Agency and the Transportation Department on greenhouse gas emissions and fuel efficiency for cars, SUVs and pickup trucks through model year 2026. The proposed regulations would reverse a Trump administration freeze on fuel-deficiency standards that was itself a reversal of the Obama administration regulations that would have ramped up average fuel economy to 54.5 miles per gallon by model year 2025.