Ford’s traditional car business, called

    Posted by brophy on 26th of Jul 2024 at 08:26 am

    Ford’s traditional car business, called Ford Blue, generated an operating profit of $1.2 billion, some $300 million better than in the first quarter.

    Ford’s EV business, called Model e, lost less money—a positive. It reported a loss of $1.1 billion compared with $1.3 billion in the first quarter.

    In other words, Ford’s losses on electric vehicles almost wipes out their profit from making the cars most car buyers actually want. 

    Brilliant strategy, my take is

    Posted by steveo on 26th of Jul 2024 at 09:42 am

    Brilliant strategy, my take is that everyone who wants an electric car, already has one.

    On the entire upper west

    Posted by brophy on 26th of Jul 2024 at 09:57 am

    On the entire upper west side of Manhattan, from 59th St to Harlem and across from the Hudson River to Central Park, there are a grand total of two -- public charging stations. And so many cars owned it's hard to find a parking space—just a fact.

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