Ford Motor Co.

NYSE:F   3:59:58 PM EDT
11.32
+0.18 (+1.66%)
Products, Expansion, Earnings Announcements

Tata Motors Unit Signs MoU For Potential Acquisition Of Ford's Vehicle Manufacturing Plant At Sanand

Published: 05/30/2022 04:58 GMT
Ford Motor Co. (F) - Unit Tata Passenger Electric Mobility Signs Mou for Potential Acquisition of Ford India's Vehicle Manufacturing Plant at Sanand.
Tpeml to Invest Into New Machinery, Equipment to Commission and Make Unit Ready to Produce Its Vehicles.
With Proposed Investments, It Would Establish Installed Capacity of 300,000 Units per Annum, Scalable to More Than 400,000 Units.
Anticipate Proposed Investments, Capacity Expansion to Take a Few Months.
Will Sign Definitive Transaction Agreements Between Tpeml and Fipl Over Next Few Weeks.
Further Company Coverage: Fn ((reuters.
Briefs@thomsonreuters.
Com;)).
Revenue is expected to be $36.91 Billion
Adjusted EPS is expected to be $0.43

Next Quarter Revenue Guidance is expected to be $39.35 Billion
Next Quarter EPS Guidance is expected to be $0.57

More details on our Analysts Page.