F News & Events

Ford (F) announced a new long-term agreement with Bread Financial (BFH) to launch a co-branded credit card and installment loan program. The new financing program provides flexible options to enhance the ownership experience and increase accessibility to subscriptions, parts and services, while rewarding customers along the way. Customers can enjoy compelling rewards on everyday spend and easily finance service and accessories purchases with the co-brand credit card and installment loans integrated into Ford's platforms, simplifying their purchasing experience online and at their local dealership nationwide. Cardholders can use their Ford Rewards Visa and Points toward accessories, service, subscriptions, new Ford vehicle purchases and more. Bread Financial will also collaborate with Ford to leverage data-driven insights to continually enhance the customer experience across channels, reinforcing Ford's commitment to driving exceptional value at every customer touchpoint.

China's commerce ministry warned of another global semiconductor supply chain crisis due to conflicts between Nexperia and its Chinese subsidiary, Eduardo Baptista of Reuters reports. Last October, production in the global auto industry was disrupted after Beijing imposed export controls on Chinese-made Nexperia chips. While the chip shortage eased after negotiations, the conflict between Nexperia's headquarters and its China-based unit has only intensified. Publicly traded companies in the space include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM), BMW (BMWYY), Audi (AUDVF), and Renault (RNSDF).