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0.000302467268720626 0.00168517478287162 0.00785334658428027 0.00586570453268802 0.00732402886401937 0.010564749600311 0.000561724927623938 -0.00219288769822416
Stock impact report

As legacy of Ford fades in Brazil, China's BYD looks to extend global lead in EV sales [Yahoo! Finance]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Company Research Source: Yahoo! Finance
After years of economic stagnation following Ford Motor Co.'s exit from the region in 2021, there was hope that the global leader in electric vehicles would bring back well-paying jobs and a brighter future. The timing seemed right. Brazil, the world's sixth-largest auto market, is seeing a surge in EV sales—and BYD is leading the charge. For Camacari, the deal promised to fill the economic vacuum left by the American company, which had once been the city's largest employer. Then plans went off track. A December raid led by Brazilian authorities rescued 163 Chinese nationals said to be working in “slavery-like” conditions at the site. A video from the Labor Prosecutor's Office showed dormitories with beds lacking mattresses and makeshift cooking facilities. The company postponed plans to begin its first production line in March and has not established a new timeline, spreading fears among Camacari workers. “When BYD announced it was coming here, it sparked a lot of hope in us, Show less Read more
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