Latest news with #internalCombustion


Globe and Mail
04-06-2025
- Automotive
- Globe and Mail
Ford Stock (NYSE:F) Rises With May Sales Numbers
When legacy automaker Ford (F) first revealed plans to supply all its customers with employee pricing, it was a bold move. A lot of people wondered how it would turn out. And the numbers for May suggest that it went pretty well indeed. Investors were certainly pleased with how it all boiled down, because they sent Ford shares up over 2% in Tuesday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter May 2025 brought with it a whopping 16.3% increase in sales against May 2024's numbers. These numbers were led by a 17.2% surge in sales of internal combustion vehicle models. Since these cars are usually the leaders in sales anyway, their surge allowed for a massive gain overall. This was vital, as Ford also posted a 25% drop in the sales of all its electric vehicles. Round things out with a 29% jump in hybrid car sales, and the picture was complete. Admittedly, some of those sales are likely customers front-loading, moving up purchases originally planned for later in the year to take advantage of the employee pricing. And with price hikes likely to come in the second half of the year, future sales may not be so productive. A Captivating Range Those hybrid vehicles are starting to catch a lot of notice, as one report noted that the range on the hybrid F-150 is proving more impressive than imagined. That report found that, despite driving in and around Seattle—which is pretty much a guarantee of stop-and-go urban driving—the vehicle still managed to get around 700 miles on a single tank of gasoline. It certainly helps that the F-150 in question got around 23 miles per gallon, which is respectable for a large-size truck. Throw in the fact the F-150 also has a wallet-busting 30.6 gallon tank—a fill-up for that one would run over $90 in many places—and the longevity of this vehicle becomes almost impossible. Plus, the tester in question reported that the battery life in the vehicle was more than sufficient to keep devices charged while traveling, especially with BlueCruise active. Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, 12 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 17.04% loss in its share price over the past year, the average F price target of $9.71 per share implies 4.62% downside risk. See more F analyst ratings Disclosure


ArabGT
28-05-2025
- Automotive
- ArabGT
GM Announces Powerful New V8 Coming in 2027
In a bold move that contrasts with the electric shift sweeping the auto industry, General Motors has announced a colossal investment aimed at creating its next-generation V8 engine. The company, which owns Chevrolet, GMC, Cadillac, and Buick, is channeling $888 million—around 3.33 billion Saudi Riyals—into its Tonawanda engine plant in Buffalo, New York, to build the sixth generation of its iconic V8. This marks GM's largest-ever investment in a single engine facility, and it comes at a time when most global automakers are focusing their resources on electric powertrains. But GM's decision signals a different approach—one that continues to prioritize the demand for strong, combustion-powered vehicles, especially in the full-size pickup and SUV segments. Why Develop a New V8 Now? While competitors promote all-electric futures, GM is sending a clear message: internal combustion still matters. The decision to develop a new V8 isn't a step backward but rather a strategic play to satisfy loyal customers who continue to rely on traditional power, particularly in large utility vehicles. The new engine will start appearing in GM trucks and SUVs from 2027 onward. What to Expect from the New Engine Although exact performance stats remain under wraps, GM has confirmed the upcoming V8 will outperform and outclass the current lineup in both power and efficiency. The brand's existing 5.3-liter engine delivers about 355 hp and 375 lb-ft of torque, while the 6.2-liter model produces up to 420 hp and 450 lb-ft. The Escalade's high-performance variant pushes things further with 682 hp and 585 lb-ft. The new engine is expected to integrate advanced combustion technologies and improved thermal management to enhance fuel economy and lower emissions—without compromising muscle. Production Expansion and Support Network The Tonawanda plant becomes the second site for the new engine's assembly, complementing Michigan's Flint Engine Operations, which secured $579 million in 2023 for engine production. GM is also investing in its Rochester (NY) and Defiance (OH) facilities to handle key components like cylinder blocks and connecting rods, further expanding its V8 supply chain. Strategic Signal to the Industry By advancing a new V8 for 2027, GM is reaffirming its commitment to internal combustion in select vehicle categories through at least the next decade. While the company remains committed to a fully electric lineup by 2035, this move demonstrates a dual-track strategy—pushing electrification while also preserving the legacy and demand of performance-focused, rear-wheel-drive vehicles. In a world chasing electric dreams, GM is proving there's still a place for raw V8 power—refined, reengineered, and ready for the next chapter.