Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers [Yahoo! Finance Canada]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance Canada
WASHINGTON (AP) — It's a scenario that terrifies America's auto industry. Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States. As the Chinese EVs go on sale across the country, America's homegrown EVs — costing an average of $55,000, roughly double the price of their Chinese counterparts — struggle to compete. Factories close. Workers lose jobs across America's industrial heartland. Ultimately, it could all become a painful replay of how government-subsidized Chinese competition devastated American industries from steel to solar equipment over the past quarter-century. This time, it would be electric vehicles, which America's automakers envision as the core of their business in the coming decades. ADVERTISEMENT “Time and again, we have seen the Chinese government dump highly subsidized goods into markets for the purpose of undermining domestic manufacturin
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F
News
- Ford CEO Jim Farley discusses the rapid evolution of electric vehicles [MSNBC.com]MSNBC.com
- Ford expects profitable $30,000 EV in two and a half years, CNBC reports [Yahoo! Finance Canada]Yahoo! Finance Canada
- Ford expects profitable $30,000 EV in two and a half years, CNBC reports [Yahoo! Finance]Yahoo! Finance
- Ford CEO says a profitable $30,000 EV is coming in two and a half years [CNBC]CNBC
- Blue Bird's Gurminder Bedi Steps Down from Board of Directors After Long Tenure [Yahoo! Finance]Yahoo! Finance
F
Earnings
- 4/24/24 - Beat
F
Sec Filings
- 6/12/24 - Form 4
- 6/12/24 - Form 4
- 6/7/24 - Form 4
- F's page on the SEC website