On May 24, 2024, Director Huntsman Jon M Jr sold 81,234 shares of Ford Motor Co (NYSE:F) as reported in a recent SEC Filing.
It’s a cute little four-door hatchback that’s three feet shorter than Tesla Model Y. With its bright yellow paint job, the Seagull looks a little like a Minion from the back, even if it looks a tad grumpy from the front. A 100% import penalty will be placed on EVs like the hot-selling BYD Seagull, or the GAC AION S, while select batteries and battery components will be hit with a 25% levy. The penalties effectively block Chinese companies from bringing their cars to America and prompt U.S. auto makers to invest in domestic EV component manufacturers.
DEARBORN, Mich., May 24, 2024--Ford CFO John Lawler will discuss the continued execution of the company’s customer-centered Ford+ plan to grow, raise margins and increase capital efficiency while improving business durability during an upcoming fireside chat with auto analyst Emmanuel Rosner at the Deutsche Bank 2024 Global Automotive Conference. The conference is June 11; Lawler will be speaking at 10:30 a.m. ET.