Ford Is Deemphasizing ICE In Favor Of EVs But CEO Says This Could 'Certainly' Lead To A Negative Margin Mix For Legacy Automaker
July 29 2021 - 3:17AM
Benzinga
Ford Motor Co’s (NYSE: F) efforts to pivot
from traditional combustion engines to electric vehicles could see
it run into a negative margin mix as the demand for IC engines is
expected to remain strong for a while in the United States, CEO
Jim Farley told investors on Wednesday.
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