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from24/7 Wall St.
2 days ago

Ford A Stronger and More Agile Company As Shares Pop Higher

The company's adjusted EBIT of $2.6 billion and operating cash flow of $7.4 billion demonstrate operational cash generation, but adjusted free cash flow of $4.3 billion signals capital intensity. More troubling: Ford Pro, the company's high-margin commercial segment, generated $2 billion in EBIT on $17.4 billion revenue-a strong 11.5% margin-but it's being offset by Ford Model e's $1.4 billion EBIT loss as the company invests heavily in EV transition.
Business
Cars
fromInsideEVs
1 month ago

Porsche Is Making Another Gas-Powered Boxster. Here's Why EV Fans Shouldn't Be Mad

Porsche will offer gasoline engines in top 718 models because sports car buyers prioritize emotional driving experiences that current EVs do not fully deliver.
fromBusiness Matters
1 month ago

Lotus to cut 40% of UK workforce but pledges to keep Norfolk factory open

Lotus has announced plans to cut up to 550 jobs in the UK, amounting to around 40 per cent of its British workforce, in a major restructuring aimed at securing the company's long-term survival. The Norfolk-based sports carmaker, majority-owned by Chinese group Geely, said the cuts were "necessary to secure a sustainable future in today's rapidly evolving automotive environment," citing the impact of falling sales, the transition to electric vehicles and mounting global tariff pressures.
Cars
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