Wednesday, August 21, 2024

Electric Stall

Ford cuts back on EV's:
Ford's course change comes amid lower-than-expected demand for electric vehicles, The Wall Street Journal reported. This spring, Ford, a major U.S. automaker, delayed plans for the electric SUV to 2027. Ford blamed the cancellation on pricing pressuring as other automakers use aggressive discounts to move electric vehicles. Ford has another electric vehicle project for a pickup truck, which the company recently pushed back to 2027. "Based on where the market is and where the customer is, we will pivot and adjust and make those tough decisions," Ford chief financial officer John Lawler said.
You can't sell what people won't buy...
at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Gender Benders

Democrats still don't get it: An American Principles Project poll looking at the impact of campaign ads on various transvestite-related ...

  • Bailout Bust
    Another fraudster gets nabbed: “Yusuf Akoll worked as a Senior Procurement Contract Specialist at the U.S. Agency for International Developm...
  • Bad Beans
    First it was the eggs: Last month, "Arabica coffee prices hit an eye-watering new high on the Intercontinental Exchange at $3.48 a poun...
  • Ad Buys
    Advertisers return: AdWeek reports that after pausing their campaigns on X (formerly Twitter) in November 2023 due to concerns over their ad...