Automakers are warning that they're facing higher commodity, logistics and memory costs while pricing power is becoming harder to extend to consumers. Several Wall Street analysts have said companies will need continued pricing strength and additional cost savings to offset inflation, higher investment spending and a potentially weaker economy.
A group representing General Motors, Toyota, Volkswagen and other major automakers on Monday backed the Trump administration in a legal challenge to its sharply lower vehicle fuel economy standards filed by California and other states.
Automakers such as Ford, Rivian and GM are expanding 3D printing beyond prototyping into making factory tools and selected production parts. Automakers say additive manufacturing can shorten development and repair cycles and reduce costs for low-volume needs.
Ford, Pfizer and Verizon are among 11 stocks that passed a screen of the S&P 500 for high dividend yields that are expected to be well covered by the companies' free cash flow.
Ford Motor expects earnings next year will be roughly in line with the automaker's anticipated results this year, the company said Wednesday as it reported mixed results for the third quarter.
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