Newly appointed CEO Jim Farley told CNBC’s Jim Kramer on Thursday that Ford Motor is creating a unique lane as the automaker follows the electric vehicle market. Earlier that day, the company announced a new all-electric van aimed at commercial customers, as part of its .5 11.5 billion investment in …
Read More »Ford unveils new EV van for its for-profit business
Ford unveiled its new all-electric transit van on November 12, 2020. Ford Ford Motor expects that its new all-electric transit van will help it move into commercial vans as new and long-time rivals enter the emerging market. Unveiled by Ford on Thursday morning, the vehicle is designed for commercial and …
Read More »The Tesla appraisal does not reflect ‘real world’ business
The Toyota Motor logo will be unveiled at the company’s car showroom in Tokyo on February 6, 2019. Cashew Nogi | AFP | Getty Images During Toyota Motors’ earnings review on Friday, officials answered questions about how they plan to compete in the wider field of electric vehicles, and took …
Read More »Uber Earnings Q32020
Uber shares initially fell after hours on Thursday as the company reported third-quarter earnings that fell short of Wall Street expectations, but the company’s earnings rebounded during a call when the CEO said its main ride-hilling gender business would fully recover from Covid 19. . Nationwide epidemic. Here’s how the …
Read More »Ford’s new CEO promises more transparency to investors, October sales down 6.1%
Jim Furley, the company’s new CEO, has promised to give Wall Street more transparency, after which Ford Motor will be available on a monthly basis as well as in the U.S. The vehicle will represent sales. The decision comes more than a year after Detroit maker Tomaker, following its crosstown …
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