Vanzy!!! Gr8 to hear from you. Wth is F sitting at $7/share??? Seems like a bargain... what am I missing?
they're only selling trucks that woke (read broke) millenials don't want. They'd rather buy pricey tacomas w/300k miles. That EV mustang is going to flop so hard it may just bankrupt them.
There's a little more to it than that H4.
Ford accelerates electric vehicle investment
DETROIT
20 March 2019
(Reuters) - Ford Motor Co (F.N) will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.
The investment figure is sharply higher than a previously announced target of $4.5 billion by 2020, Ford executives said, and includes the costs of developing dedicated electric vehicle architectures. Ford’s engineering, research and development expenses for 2016, the last full year available, were $7.3 billion, up from $6.7 billion in 2015.
Ford Chief Executive Jim Hackett told investors in October the automaker would slash $14 billion in costs over the next five years and shift capital investment away from sedans and internal combustion engines to develop more trucks and electric and hybrid cars.
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Ford - Volkswagen expand their global collaboration to advance autonomous driving, electrification
NEW YORK, July 12, 2019 – Ford Motor Company and Volkswagen AG today announced they are expanding their global alliance to include electric vehicles – and will collaborate with Argo AI to introduce autonomous vehicle technology in the U.S. and Europe – positioning both companies to better serve customers while improving their competitiveness and cost and capital efficiencies.
Volkswagen CEO Dr. Herbert Diess, Ford President and CEO Jim Hackett as well as Argo AI CEO Bryan Salesky announced Volkswagen is joining Ford in investing in Argo AI, the autonomous vehicle technology platform company.
Working together with Ford and Volkswagen, Argo AI’s self-driving system (SDS) is the first with commercial deployment plans for Europe and the U.S. Plus, being able to tap into both automakers’ global reach, Argo AI’s platform has the largest geographic deployment potential of any autonomous driving technology to date. Volkswagen and Ford independently will integrate Argo AI’s SDS into purpose-built vehicles to support the distinct people and goods movement initiatives of both companies.
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Ford partners with Volkswagen, Amazon to build charging network for cars
September 10, 2019.
(Reuters) - Ford Motor Co (F.N) said on Thursday it was teaming up with Volkswagen AG (VOWG_p.DE) and Amazon.com (AMZN.O) to give its future electric car customers a range of charging options from highways to homes.
The network of charging stations will be the largest in North America with 12,000 locations and more than 35,000 charge plugs, Ford said.