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FORD

Close Chg Chg %
0.67 0.03 4.46%

Pre-Market

0.70

+0.03 (4.46%)

Volume: 32.98K

Last Updated:

Feb 22, 2024, 2:59 PM EDT

Markets

Ford's profits getting eaten up by EVs

Ford's profit margins took a hit due to losses in the electric vehicle segment, and the company is refining its plans for producing next-gen EVs to better meet market demand.