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Shares of Amazon.com, Inc. (NASDAQ: AMZN) inches down in pre trading session on...

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In 2023, both the New York Stock Exchange (NYSE) and the Nasdaq Stock...

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Shares of C3.ai Inc. (NYSE: AI) inches down in pre trading session on...
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Ford Motor Co (NYSE: F) Debuts New Electric Courier Van For The European Market

Ford Motor Co (NYSE: F) plummeted over around 17% in previous trading session on in order to compete with other electric van companies like Arrival SA and win over commercial clients in Europe, the company presented a new electric Courier van.

The electric Courier is one of many updated small business van models for the European market, along with gasoline and diesel versions, according to Ford. According to Ted Cannis, president of Ford Pro, the new Courier vans will be able to carry higher loads since they are 25% larger than the existing model.

According to Cannis, the electric Courier will cater to European business clients who operate in places like Paris where officials have outlined intentions to outlaw combustion cars from city cores. The Courier electric will debut the following year.

Cannis noted that the transition to electric vehicles is not occurring as quickly in Europe. “It’s radically varied from nation to country,” he remarked. New vehicles for the Petrol Couriers portfolio will debut this summer.

Market by market, you must mix and match all available possibilities, he added. It is why it is so distinctive for novice players.

Cannis said that Ford anticipates that many commercial fleet clients in the US would be eligible for $7,500 in tax credits if they purchase electric Transit vans. As of April 18, according to new U.S. government regulations, Ford announced the tax credit for retail purchasers of electric Transit vans will be reduced to $3,750.

Ford and the accounting firm Ernst & Young are working together to inform commercial clients in the United States of their eligibility for $7,500 tax credits under the Inflation Reduction Act.

Alphabet Inc. (NASDAQ: GOOGL) In Talks to Reduce European IT Jobs After ‘Disastrous’ Layoffs

Shares of Alphabet Inc. (NASDAQ: GOOGL) inches down in pre session on Thursday after big American IT businesses are suddenly discovering how hard it...

Amazon.com (NASDAQ: AMZN) To Face Tough U.K. Antitrust Review on Roomba Acquisition

Shares of Amazon.com, Inc. (NASDAQ: AMZN) inches down in pre trading session on Thursday as the British antitrust officials have begun looking into Amazon's...

U.S Stock Market Holidays 2023: 10 Official Holidays, Plus Three Early Closings

In 2023, both the New York Stock Exchange (NYSE) and the Nasdaq Stock Market will be closed for ten holidays. The following holiday that...

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U.S Stock Market Holidays 2023: 10 Official Holidays, Plus Three Early Closings

In 2023, both the New York Stock Exchange (NYSE) and the Nasdaq Stock Market will be closed for ten holidays. The following holiday that the exchanges will be closed is Good Friday, which this year comes on April 7. Here...

Delta Air (NYSE: DAL) Soars as Airline Reward Programs Thrive In Post-Epidemic

Shares of Delta Air Lines, Inc. (NYSE: DAL) inches up in pre trading session on Tuesday as during the epidemic, U.S. airlines depended on loyalty programs for revenue, and industry officials and analysts said the programs' revenues should stay...

Dow Jones Up as ISM, UFC Reports; Tesla (TSLA) Shares Sink, (NYSE: WWE), C3.ai (NYSE: AI)

Prior to the release of two manufacturing indexes on Monday morning, the Dow Jones Industrial Average increased. As a result of the firm reporting a record number of car deliveries in the first quarter but still missing projections, Tesla...

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