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Ford shares surge on dividend boost, lower EV spending

Ford Motor shares surged 6 per cent in premarket trading on Wednesday after the automaker increased its dividend for the first quarter and decided to scale back investments in new capacity for loss-making electric vehicles (EV).On Tuesday, the automaker disclosed its plans to return an extra 18 cents per

Market movers: Stocks seeing action on Wednesday - and why

A survey of North American equities heading in both directions

Ford EVs: Ford shares surge on dividend boost, lower EV spending, ET Auto

Ford EVs: "With this much cash plus credit lines giving over USD 46 billion of year-end total automotive liquidity, we think Ford can handle most bad 2024 macroeconomic news without sacrificing investing for the future," Whiston added.

Ford reveals plans for small, cheap EVs to take on Tesla and China

Ford earnings: Working on smaller, cheaper EV as it projects $5.5 billion unit loss

The ultimate competition is going to be the affordable Tesla and the Chinese” model EVs, CEO Jim Farley said.