Chinese rare-earth magnet suppliers to Ford (F) Motor were included in the first batch of new general export licenses issued by the Chinese government to boost shipments and reduce shortages of the vital components, the carmaker said, according to Reuters’ Lewis Jackson and Nora Eckert.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on F:
- Ford’s Strategic Moves in Europe: Balancing Pro Segment Focus and Renault Partnership Amid Market Challenges
- Tesla Pulls out All the Stops to Sell Model Y, Tesla Stock (NASDAQ:TSLA) Jumps
- “A Fight for our Lives”: Ford Stock (NYSE:F) Slips With New Renault Deal
- Mixed options sentiment in Ford with shares down 0.19%
- Midday Fly By: Nvidia can ship H200s to China, Campbell’s reports Q1 beat
