Article

2024-08-22 Economy

Ford kills electric SUV as EV division is on pace to lose $5.5 billion this year

[BLAZE] Ford reportedly lost $100,000 for every electric car it delivered in the first quarter of 2024.

Ford Motor Company announced that it is recalibrating its EV strategy over concerns about profitability, including scrapping an electric SUV.

Ford is canceling plans to manufacture a large, three-row electric SUV.

Ford chief executive officer Jim Farley said, "We loved our three-row crossover and I was so excited to show everyone the work we did. But there was just no way it would ever meet our criteria of being profitable."

Posted by Besoeker 2024-08-22 06:11|| || Front Page|| [11147 views ] Top

#1 ...But there was just no way it would ever meet our criteria of being profitable."

Old Jim Farley, he gets up early. Mind like a steel trap that lad. Top marks in college ECON. Top marks.

Posted by Besoeker 2024-08-22 06:19|| 2024-08-22 06:19|| Front Page Top

#2 'Toxic' Tesla Semi Fire Closes Part of I-80 Indefinitely as Firefighters Let It Burn

Posted by Skidmark 2024-08-22 11:54|| 2024-08-22 11:54|| Front Page Top

#3 Looks like normal turnout gear, so that shit smoke is getting all over their skin and into the gear.

Get a remote monitor to contain the fire so your people can be mostly out of the haze, and start dumping sand or concrete on it.

Posted by swksvolFF 2024-08-22 17:11|| 2024-08-22 17:11|| Front Page Top

#4 Heading to Sierra Buttes next week, was already planning to route through Downieville. Good to know.

Posted by Rex Mundi 2024-08-22 18:25|| 2024-08-22 18:25|| Front Page Top

#5 South route 395 between Burcham Flats Rd and Sonora pass is scheduled to be shut off Sept 4th with detour thru Yerington to Holbrook Junct. Good Times

Posted by Frank G 2024-08-22 18:55|| 2024-08-22 18:55|| Front Page Top

#6 https://en.wikipedia.org/wiki/Concrete_pump

I suppose burying a EV Fire would look like a Chernobyl solution, so bad PR.

*many battery fires do not require oxygen to continue reacting. What has to be considered when discussing a switch-out with IC vehicles. Why there is a movement EVs should have a placard, just the transport vehicles must do when transporting said batteries.

Posted by swksvolFF 2024-08-22 21:13|| 2024-08-22 21:13|| Front Page Top