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0.00100407778529137 0.00100407778529137 0.00168712389773441 0.00305321612262048 -0.00343572194558855 -0.00685095250780373 -0.00924161390135442 -0.0152524196908533
Stock impact report

Will Ford And GM Be Out Of Business Before 2050? [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
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE The FT put together a complex analysis of what the future of Detroit's car companies will look like in 2050. It quoted Glenn Mercer, an independent automotive researcher saying, “Simple extrapolation . . . says the domestic American industry is entirely gone before 2050.” The forecast assumes several twists and turns will happen between now and then, and a number of them are plausible. The first assumption is that Detroit will continue to milk its highly profitable SUVs and pickups but not move aggressively to return to the EV segment. This is understandable, since among them, they wrote off close to $50 billion for their efforts to capture a large segment of the EV market, only to see gas-powered cars remain considerably profitable. Part of the mix of GM's ( NYSE: GM ) and Ford's ( NYSE: F ) valuations is a calculation because of tariffs, which have cost them billions of dollars. Addition Show less Read more
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