Ford is postponing around $12 billion in electric vehicle (EV) investments as buyers become more cautious. The company has withdrawn its forecast for 2023 and warned of continued pressure on EVs due to uncertainty over the pending ratification of its deal with the United Auto Workers union. Ford shares fell after pulling its full-year forecast and wider EV losses.
Ford shares fall after pulling full-year forecast, wider EV losses https://t.co/2mXU0dSpCi https://t.co/l0kHMftawd
Ford withdrew its full-year results forecast due to ‘uncertainty’ over the pending ratification of its deal with the United Auto Workers union. More here: https://t.co/T0NXHgHybz https://t.co/OauQIkKbqd
$F (-4.0% pre) Ford withdraws its 2023 forecast, warns of higher losses on EVs https://t.co/M61P8Zur5a
Ford withdrew its full-year results forecast due to ‘uncertainty’ over the pending ratification of its deal with the United Auto Workers union https://t.co/6kuhpbAB3g https://t.co/CvH55AeaxK
Ford withdrew its full-year results forecast due to ‘uncertainty’ over the pending ratification of its deal with the United Auto Workers union, and warned of continued pressure on electric vehicles. More here: https://t.co/T0NXHgHybz https://t.co/fWfVKRN8Bj
Ford withdrew its full-year results forecast due to ‘uncertainty’ over the pending ratification of its deal with the United Auto Workers union, and warned of continued pressure on electric vehicles https://t.co/6kuhpbB8SO https://t.co/kQcm38OTMt
Ford hits the brakes on $12 billion in EV spending because EVs are too expensive https://t.co/oL080JR4zR
Ford delays $12B in EV investments as automaker wrestles with demand: https://t.co/yPaLzxyOBr by TechCrunch #infosec #cybersecurity #technology #news
Ford delays $12B in EV investments as automaker wrestles with demand https://t.co/damj3g9eL6 by @rebeccabellan
Ford withdraws 2023 forecast, warns on EV results https://t.co/PrSrp4X20s https://t.co/aJQDrlVjZ2
Ford will postpone about $12 billion in EV investment as buyers become more cautious https://t.co/ox546hbgL3