Ford Delay EV Plans Adding More Job Loses
Listen now
Description
 Ford's wavering commitment to electric vehicles (EVs) is highlighted, as the company delays production of its all-electric SUV to focus on hybrid development amidst slower-than-expected EV adoption and persistent production costs. This shift reflects broader challenges facing the automotive industry, with Ford scaling back its EV spending last year due to market conditions. Despite reassurances from Ford's top executives about scaling a profitable EV business, skepticism remains about the feasibility of their ambitious plans amid ongoing market uncertainties.  Grab a copy of my book: https://partsmanagerpro.gumroad.com/l/qtqax "The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4 Please remember to like, share and leave your comments. Videos are uploaded weekly. Visit my website for more! https://www.partsmanagerprof.com/ If you want me to continue making videos like these, please donate to our paypal account: paypal.me/partsmanagerpro Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS* This video is for educational and entertainment purposes only.
More Episodes
Tariffs, taxes on imported goods, aim to shield domestic industries, but can escalate trade tensions. While protecting local businesses, tariffs raise consumer prices and limit choice. Additionally, they may incite retaliation, sparking trade conflicts detrimental to global economies. Though...
Published 05/21/24
Ford's new battery plant plan sparks both hope and doubt, given their history of plant closures and recent EV investment losses. Past closures, like St. Thomas Assembly Plant in 2011, due to market shifts, warn of risks. Ford's EV focus is praised, but timing and strategy raise concerns. Ford...
Published 05/16/24