Ford shares slide after it misses earnings expectations

📆 04/02/2023 10:46:00
📰 BDliveSA

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The results show Ford is struggling to balance the transition to electric cars from combustion vehicles

. The company is counting on strong sales of gas-burning F-series pickups and Bronco sport utility vehicles to help foot the $50bn that CEO Jim Farley has committed to developing and building EVs...

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

This is the worst time to transition to electric vehicles in South Africa

And not the Red Bull partnership?

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Ford Slides as CEO Says $2 Billion Profit Left ‘on Table’Ford Motor Co. shares tumbled the most in four months after the carmaker missed earnings expectations, blaming poor execution and continued supply shortages.
Source: dailymaverick - 🏆 3. / 84 Read more »