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0.000345311167644995 0 1.40943333732344E-05 0.000697669501976732 -0.000359405501018354 -0.000697669501976732 -7.04716668661721E-06 -0.000711763835349966
Stock impact report

Why American automakers are betting big on muscle cars as the world goes electric [Los Angeles Times (CA)]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
By gutting climate regulations, the president has freed US automakers to sell as many gas-burning trucks and SUVs as they can. Muscle cars powered by rumbling V-8s and Hemi engines are back, with beasts like the Dodge Charger and Ford's Mustang Dark Horse laying down rubber at this year's Detroit Auto Show. Electric vehicles, pushed by years of federal policy, are now purely optional. The sudden switch promises a new era of fat profits for the companies. They've always made their best margins on large vehicles with monster engines. Ford Motor Co.'s top executive even hailed the change as a “multibillion-dollar opportunity.” Long term, it risks sending American automakers off a cliff. EVs are still backed by government regulations and incentives across much of the world. And they're finding buyers, particularly the high-tech, low-cost cars now pouring out of China. If US automakers turn their backs on electrics, their sales outside the US will shrivel. They're already falling behi Show less Read more
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