Ford again warns on EV results, withdraws 2023 forecast

Ford again warns on EV results, withdraws 2023 forecast

Ford Motor (F.N) on Thursday withdrew its full-year results forecast due to “uncertainty” over the pending ratification of its deal with the United Auto Workers (UAW) union, and warned of continued pressure on electric vehicles, sending shares of the company down more than 4% after-hours. The union and Ford on Wednesday reached a tentative agreement …

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