Ford CEO Jim Farley announced the company is cutting production of the electric F-150 Lightning and refocusing its investment on hybrid vehicles and affordable EVs. The Detroit automaker announced the ...
After confirming plans to end production of the all-electric F-150 Lightning, Ford’s CEO said the $70,000 EV pickup didn’t make sense. Instead, Ford is betting a new EREV will. Why is Ford canceling ...
Ford is primarily owned by institutional investors, holding about 58% of the stock. Ford family members control the company via Class B shares that have enhanced voting power. Retail and other ...
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