Reported 27 days ago
Ford Motor Co. has seen its stock drop about 8% this week due to issues in improving efficiency in its gasoline operations, critical for funding electric vehicle initiatives. CEO Jim Farley acknowledged quality and supplier challenges while confirming annual results would meet the lower end of projections. Unlike General Motors, which has pursued aggressive stock buybacks, Ford has focused on dividends, leading to investor dissatisfaction as it faces significant cost gaps compared to competitors. Analysts question when Ford will address these longstanding operational issues.
Source: YAHOO