Ford's Chief Executive said the auto maker doesn’t intend to spin off its electric-vehicle business, tamping down speculation that the company could break off its EV operations to boost market value
Ford Motor Co. Chief Executive Jim Farley said the auto maker doesn’t intend to spin off its electric-vehicle business, tamping down speculation that the company could break off its EV operations to boost market value.
“We have no plans to spin off our electric or [internal-combustion-engine] business,” Mr. Farley said Wednesday during a virtual Wolfe Research investor conference.
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