Ford Truck Wallpapers, Ford confirms it’s working on an electric pickup truck-At the Deutsche Bank Worldwide Car Conference in 2019, Ford finally realized that it was working on an F-series electric car. The company should build a hybrid truck by 2020, but since the car market has changed, a fully electronic version is being built, followed by a hybrid. The company has not disclosed detailed information except that some F-series vehicles will be fully electronic in the future. Since North American trucks are one of Ford’s best selling vehicles, it is interesting to see what happens when they start producing electric versions. Ford launches a highly efficient truck because it competes with the next Tesla truck and the newly introduced Rivian R1T.
Learn more about MobileSyrup.com: Ford confirms that it is working on an electronic OutFord project to use $ 11 billion for business restructuring. What do you think money is a mystery?
Investors received answers on Wednesday.
In July, Ford shaken investor confidence by announcing plans to reorganize its operations over the next three or five years. But it didn’t produce many details about his projects.
Ford said he wanted to reinvest money in determining our product and market portfolio. The company stops some of its operations and invests in the most important for the future. However, the top management also skipped their plans and got money for them.
Managing Director Jim Hackett told analysts that Ford has not yet made a final decision on how to follow it, and will continue the necessary dialogue on these projects with groups such as retailers, trade unions and regulatory authorities.
Ford Truck Wallpapers
“It’s not as simple as simply switching off or leaving the market,” he said.
Ford’s shares (F) lost 20% of the announcement. On Wednesday, the company reports on the results achieved and the investors’ call to monitor a number of issues.
“They are currently in a place where their projects are clearly defined,” said Edmunds analyst Jeremy Acevedo. Reorganization can reduce Ford’s global workforce by 200,000, says automotive analyst Morgan Stanley Adam Jonas.
“We do not consider Ford’s restructuring as a” good task, “but an important step,” he wrote in a note that Morgan Stanley was recommended on Friday. “The problem is that the administration has decided not to plan to use $ 11 billion.”
The automotive industry is facing an even greater challenge than the financial crisis in 2008, says Rebecca Lindland, senior analyst at Cox Automotive. Ten years ago, all car manufacturers suffered from bleeding, sales collapsed and GM and Chrysler went bankrupt. The current economic situation is much better today, but it is under enormous pressure to invest in expensive new technologies and competitive disadvantages for high-tech companies in the pocket market.