Ford CEO Farley Says Company Needs To Move Past 'Monster Vehicles' To Be Profitable In EV Space: 'Start To Get Back In Love With Smaller Vehicles'
Ford MotorFord Motor(US:F) Benzinga·2024-07-02 22:47

Loading...Loading...Automotive giant Ford Motor Co F is among the companies looking to the future with the growth of electric vehicles.Ford's problem of not having profitable vehicles is weighing on Ford CEO Jim Farley.What Happened: Ford is among the market leaders in the truck market with its F-150 line, which led to the launch of the F-150 Lightning electric pickup truck.In a recent interview, Farley said the U.S. loves its "monster vehicles," in reference to SUVs and trucks."We are just in love with the ...