Ford adjusts EV lineup to lower vehicle costs

I show You how To Make Huge Profits In A Short Time With Cryptos!

NEW YORK — Ford announced on Wednesday fresh changes to its electric vehicle (EV) lineup, including the scuttling of a planned SUV model, lifting shares despite a hefty near-term profitability hit.

The adjustments ― which reflect a slower-than-expected transition to EVs in North America ― will result in around $1.9 billion in cost hits to Ford’s earnings, according to a Ford securities filing.

Be the first to comment

Leave a Reply

Your email address will not be published.


*