And like GM…Ford steps in the EV poo pile…This is not just about execution…they try to obscure the dismal sales and public uptake…again Toyota has it right. American car makers stumble backward through the dark…good job…
Ford posts full-year net loss, ugly fourth quarter as ‘execution issues’ plague operations
· Ford Motor reported an ugly fourth quarter and a full-year net loss.
· The automaker cited “execution issues” that plagued operations. It fell short of expected sales by 100,000 units.
· The company is looking to cut additional costs this year and is not ruling out additional layoffs.
Ford continues to face issues with internal combustion engine vehicles, which are responsible for almost all of Ford’s profits.
https://www.cnbc.com/2023/02/02/ford-f-earnings-q4-2022.html?__source=iosappshare|com.apple.UIKit.activity.Mail