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0.000366166239472648 0.000366166239472648 -0.000366166239472778 -0.000366166239472778 -0.00105455876968145 0.000366166239472648 0.000366166239472648 0.000366166239472648
Stock impact report

Ford makes major strategic shift as company redirects billions toward new priorities [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
technology and a rapidly expanding battery-storage business as the automaker adjusts to shifting consumer demand and market pressures. The company said the updated plan will emphasize a broader mix of gas, hybrid and low-cost electric models, including a Universal EV Platform designed to underpin a new family of smaller, more affordable electric vehicles. Ford expects hybrids, extended-range EVs and fully electric models to make up about half of its global volume by 2030, up from 17% today. The updated strategy also comes with significant financial consequences. Ford expects to record roughly $19.5 billion in special items over the next several years, largely tied to adjustments within its electric-vehicle portfolio. Cash impacts are expected to total about $5.5 billion through 2027. The company now anticipates Ford Model e, its EV arm, will reach profitability in 2029, with improvements beginning in 2026. As part of the restructuring, Ford will refocus its U.S. manufacturing fo Show less Read more
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