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Ford Posts $1.76B Profit


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On 5/9/2023 at 11:58 AM, rperez817 said:

 

They certainly aren't a joke to Ford. As mentioned in the 1Q 2023 financials press release, Ford's Model e division is on track "making and selling EVs at a global run rate of 600,000 units by the end of 2023 and more than two million by the end of 2026". Ford's entire future existence is tied to continued growth in its Model e and Pro divisions, successfully transitioning to an all-electric vehicle lineup by 2035 in major markets and by 2040 everywhere it does business.

How's that old song go... "They have a long ways to go and a short time to get there..."

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4 hours ago, 2005Explorer said:

How's that old song go... "They have a long ways to go and a short time to get there..."

 

That's from Jerry Reed's song East Bound and Down. ? 

 

The previous lyric in the chorus and the following lyric in the 1st verse are also very appropriate, as there are still a few naysayers that don't think Ford will achieve or exceed its BEV production targets.

Quote

We gonna do what they say can't be done
We've got a long way to go and a short time to get there


Keep your foot hard on the pedal
Son, never mind them brakes

 

I'm cheering on for Ford to "Keep your foot hard on the accelerator pedal" and to "never mind them brakes" when it comes to BEV production from here on out. The 600k target for this year is actually on the low side when it comes to meeting customer demand.

Edited by rperez817
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