For the second time in two months, Ford has hiked the price of its electric F-150 Lightning pickup. Although this time it’s just for the base Pro model, the price hike of around 11% sends the base model to $51,974, from $46,974 before any federal or state tax credits.
Warren Buffett is one of the most successful investors of all time. As of June 2022, Buffett's holding company, Berkshire Hathaway, owns roughly 53 million shares in General Motors (NYSE: GM) -- a position worth $1.7 billion. Let's discuss why General Motors fits the mold of a Berkshire Hathaway investment and why you may want to consider it for your portfolio as well.
Supply chain issues have hampered the industry since the beginning of the pandemic, but analysts following the industry say that automakers have offered mixed signals about the state of the market.