Ford CEO Jim Farley says Automaker has Vision to Execute Change
Ford executives provided highlights of what to expect from the 120-year-old automaker, ranging from where costs will be cut to how profits will be generated apart from car sales, in the first major in-person Capital Markets Day event since 2016.
In a speech to investors yesterday, Jim Farley reiterated his POV on pricing. Same as last year:
"Non-negotiated prices will be part of improving the customer experience for electric vehicle shoppers. Lower distribution costs for Ford means reduced physical inventories of electric vehicles", says Farley.
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