Ford has no plans to spin off its EV or gasoline-powered vehicle businesses -CEO – Reuters
Ford Motor Co. CEO Jim Farley poses next to a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, U.S. September 17, 2020. REUTERS/Rebecca Cook
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DETROIT, Feb 23 (Reuters) – Ford Motor Co (F.N) has no plans to spin off its electric vehicle or gasoline-powered vehicle businesses, Chief Executive Jim Farley said at a Wolfe Research conference on Wednesday.
Ford previously denied reports it was considering spinning off its EV or internal-combustion engine (ICE) operations. read more
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Reporting by Ben Klayman in Detroit
Editing by Chris Reese
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