See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

Ford is about to break out big EV losses for the first time

Posted on AllSides March 22nd, 2023
From The Center
Michael Wayland | CNBC

Ford Motor is about to tell investors what they’ve long wondered: How much is the transition to electric vehicles costing?

The automaker on Thursday plans to begin reporting its financial results by business unit, instead of by region, ushering in the new reporting structure with a “teach-in” for analysts and media — on the theme of “Ford Refounded” — and releasing revised versions of its financial results that will reveal how the new business units would have performed in 2021 and 2022.

Read full story
Some content from this outlet may be limited or behind a paywall.
https://www.cnbc.com/2023/03/22/ford-to-break-out-ev-business.html

More News about Technology from the Left, Center and Right

From the Left

From the Center

From the Right