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Ford has no plans to spin off its EV or gasoline-powered vehicle businesses -CEO By Reuters
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© Reuters. PHOTO FILE: Ford Motor Co. CEO Jim Farley poses next to a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, US September 17, 2020. REUTERS / Rebecca Cook
DETROIT (Reuters) – Ford Motor (NYSE 🙂 Co 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 (NYSE :)) operations.
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