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Ford says future vehicles will not be interrupted
https://www.torquenews.com/9539/for...and-f-150-hybrid-not-interrupted-corona-virus
Ford Says Future Vehicles, Including Next-Generation Ford F-150, And F-150 Hybrid, Not Interrupted By Corona Virus
Ford is facing many other delays, shutdowns and interruptions due to the Corona Virus fall out. Plants have closed, and stock dividends are suspended, but as of now, vehicle development is not impacted.
As I was reading the latest press release regarding Ford’s Corona virus update, one line jumped out to me that should give some Blue Oval fans some peace of mind. Ford announced a suspension of their dividend plan for those who invest in Ford stock. But directly from the press release shows encouraging news when it comes to new products, especially the much anticipated next-generation F-150, which includes a hybrid version of America’s best-selling pickup truck. Here’s the line:
Clearly this means that Ford is trying to focus on launches like the Ford Bronco as well as long-term initiatives which surely includes F-150 hybrid and probably the all-electric F-150. That’s some good news, in a time where we need more good news.
https://www.torquenews.com/9539/for...and-f-150-hybrid-not-interrupted-corona-virus
Ford Says Future Vehicles, Including Next-Generation Ford F-150, And F-150 Hybrid, Not Interrupted By Corona Virus
Ford is facing many other delays, shutdowns and interruptions due to the Corona Virus fall out. Plants have closed, and stock dividends are suspended, but as of now, vehicle development is not impacted.
As I was reading the latest press release regarding Ford’s Corona virus update, one line jumped out to me that should give some Blue Oval fans some peace of mind. Ford announced a suspension of their dividend plan for those who invest in Ford stock. But directly from the press release shows encouraging news when it comes to new products, especially the much anticipated next-generation F-150, which includes a hybrid version of America’s best-selling pickup truck. Here’s the line:
“At the same time, Ford announced it has suspended the company’s dividend, prioritizing near-term financial flexibility and continued investments in an ambitious series of new-product launches in 2020 and long-term growth initiatives.”
Clearly this means that Ford is trying to focus on launches like the Ford Bronco as well as long-term initiatives which surely includes F-150 hybrid and probably the all-electric F-150. That’s some good news, in a time where we need more good news.
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