cnbc_topnews

Ford wants more customers to customize vehicles to boost profits as it eyes 'Nike shoe drop' moments

📰 source: cnbc_topnews · 💼 business

ford is expanding its accessory and parts business to tap into the $53 billion us aftermarket industry. the automaker plans to increase aftermarket products and have exclusive drops like a nike shoe drop, according to matt simpson, ford customization's executive director. ford custom garage, launched last year, unveiled its first limited-edition bronco with a desert rising package costing $13,695, limited to 1,000 units. packages range from thousands to $27,000 for some trucks. ford targets 8% annual growth in its $15 billion software and physical services revenue, which includes customization. ceo jim farley defended the aftermarket push after criticism over right-to-repair. 46% of us buyers customize their vehicles, with bronco owners leading. simpson says accessories boost loyalty.

why it matters: ford's push into high-margin aftermarket accessories targets a $53 billion industry, aiming to boost per-vehicle profit as auto sales face affordability pressure.

source: cnbc_topnews
sentiment: +0.40 · impact: 0.30

'I lost $14,000 in a month': Investors hit by Korean stock market's wild swings

📰 source: bbc_business · 💼 business bank worker yongjoon kim lost 20 million won ($14,000) on seoul's kospi last month, money meant for his wedding home. his tech investments fell about 25% in july. the index more than doubled to 9,000 points by mid-june before plunging to 5,

These charts show why stocks keep rallying. Profit margins are the highest on record

📰 source: cnbc_topnews · 💼 business the s&p 500's blended net profit margin is running at 16.9% for q2, up from 14.8% in q1 and 12.9% a year ago. that's the highest since factset began tracking in 2009, and well above the five-year

Workday shares post best day in 10 years on Silver Lake takeover report

📰 source: cnbc_topnews · 💼 business workday shares posted their best day in ten years after a report said silver lake is exploring a takeover. the enterprise software company's stock jumped on the news. investors had been worried that ai could disrupt workday's core human capital and financial

Trade court upholds Trump's closure of 'de minimis' loophole

📰 source: cnbc_topnews · 💼 business a federal trade court on thursday upheld trump's elimination of the de minimis exemption, which allowed goods under $800 into the us tax free. the ruling came in a lawsuit from detroit axle, a michigan auto-parts distributor that sued the administration in may 2025,

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'I lost $14,000 in a month': Investors hit by Korean stock market's wild swings

These charts show why stocks keep rallying. Profit margins are the highest on record

Workday shares post best day in 10 years on Silver Lake takeover report

Trade court upholds Trump's closure of 'de minimis' loophole