Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor has no plans at this time to spin off its electric vehicle or gasoline-powered vehicle businesses,
Tag: automaker
GM stock hits record high as automaker celebrates Hummer EV production
DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups Rivian and Lucid Group, which briefly