F
FORD AND GEELY AUTO JOIN FORCES IN EUROPE TO PRODUCE NEXT-GENERATION MULTI-ENERGY VEHICLES IN SPAIN
Article Summary
BUY- Ford Motor Company (NYSE: F) and Geely Automobile Holdings (NASDAQ: GELY) announced an agreement to form a Europe-focused joint venture at Ford's Valencia, Spain, manufacturing hub, with the new JV expected to begin operations in the first half of 2027 with the first new vehicles scheduled to roll off the line in 2028.
- The Valencia plant has been at the leading edge of the European market since it opened in 1976 when it built the original Ford Fiesta, Ford's first global front-wheel-drive car, and Ford was the first non-Spanish automaker to build in Valencia.
- The JV will transform the facility into a shared, high-tech manufacturing hub built to compete at the industry's new global cost standard while delivering world-class multi-energy vehicles and strengthening the local Valencia economy in the process.
- Under the proposed ownership structure, Ford will own 66% of the new entity while Geely Auto will hold 34%.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 3.8% | 25% | 20.0 ptsMinimal (3.8%) - Very weak |
| EPS Growth Next 5Y ? | 23.6% | 25% | 70.0 ptsGood (23.6%) - Solid outlook |
| Target Price Upside ? | 4.0% | 20% | 20.0 ptsMinimal Upside (4.0%) - Target: $14.97 vs Current: $14.40 |
| Gross Margin % ? | 7.8% | 15% | 10.0 ptsRazor-Thin (7.8%) - Weak pricing power |
| Drawdown from 52-Wk High ? | -19.0% | 15% | 40.0 ptsMild Pullback (-19.0%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About F
- Ford Motor Company develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles in the United States, Canada, the United Kingdom, Mexico, and internationally.
- It operates through Ford Blue, Ford Model e, Ford Pro, and Ford Credit segments.
- The company sells Ford and Lincoln internal combustion engine and hybrid vehicles, electric vehicles, service parts, accessories, and digital services for retail customers; develops EV and digital vehicle technologies, and software; and provides telematics and EV charging solutions.
- It also sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.
- In addition, it engages in vehicle-related financing and leasing activities to and through automotive dealers.
- Further, the company provides retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental companies, and fleet customers.
- Additionally, it offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and enhance dealership facilities, purchase dealership real estate, and other dealer vehicle programs.
- Ford Motor Company was incorporated in 1903 and is based in Dearborn, Michigan.