- (PLX AI) - Ford Accelerating Transformation: Forming Distinct Auto Units to Scale EVs, Strengthen Operations, Unlock Value.
- • Ford reaffirms guidance for 2022 of $11.5 billion to $12.5 billion in company adjusted EBIT
- • Ford targets company adjusted EBIT margin of 10% by 2026
- • Ford targets significant decline in ICE structural costs of up to $3 billion
- • Ford targets more than 2 million electric vehicles produced annually by 2026
- • Ford targets to spend $5 billion on EVs in 2022
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