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AM Edition

August 22, 2024

 
 

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Ford kills electric SUV as EV division is on pace to lose $5.5 billion this year

Ford Motor Company announced that it is recalibrating its EV strategy over concerns about profitability, including scrapping an electric SUV. Ford is canceling plans to manufacture a large, three-row electric SUV.Ford chief executive officer Jim Farley sa ... Read more

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