Ford Motor is selling 8 million of its Rivian Automotive shares. The automaker currently owns 102 million shares of Rivian. Ford will be selling the shares through Goldman Sachs

Ford Motor is selling 8 million of its Rivian Automotive shares, with the insider lockup for the stock of the once high-flying electric vehicle maker is set to expire on Sunday, sources told CNBC’s David Faber. The automaker currently owns …

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Ford Motor Co. said it will cut thousands of jobs in Europe

https://www.bloomberg.com/news/articles/2019-01-10/ford-to-cut-thousands-of-jobs-in-europe-eyes-plant-closures Ford Motor Co. said it will cut thousands of jobs, weed out slow-selling variants and potentially close entire factories in Europe, as the carmakers’s global cost-cutting drive targets a region that has been a drag on earnings for years. …

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