2024-01-27 08:09:51 ET
Summary
- Ford Motor is set to report disappointing earnings for Q4 2023 due to an expensive deal with the UAW and scaling back production of its electric vehicle version of the F-150 truck.
- Electric vehicle demand is not as strong as expected, with reports of EVs stacking up on dealers' lots, indicating a potential demand issue in 2024.
- Ford Motor's guidance for 2024 is expected to be poor, with downward pressure on profits and concerns over the stability of electric vehicle demand.
Ford Motor ( F ) is set to report earnings for its fourth quarter on February 6, 2024 which, in my view, could strongly disappoint in a number of ways....
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Ford: I Was Wrong (Downgrade)