Ford CEO must complete work by next quarter or we will continue
February 3, 2023
Ford CEO Jim Farley at the company’s plant in Dearborn, Michigan, where the electric F-150 Lightning is made, on April 26, 2022.
CNNBC | Michael Wayland
Ford Motor (F) CEO Jim Farley said on Friday that automakers’ tumultuous fourth quarter was the result of their transition to a new business structure that limited capacity coupled with poor execution. But we remain disappointed with the results and need to see an increase in profitability to keep the stock going beyond next quarter.