Home > Ford CEO Looks To Rally Dealers As Shares Hit All-Time Low

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Ford CEO Looks To Rally Dealers As Shares Hit All-Time Low

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According to a report by Reuters, Ford CEO Jim Hackett is looking to restore confidence among dealers gathered in Las Vegas this week, as the company's stock sits at nearly a nine year and continues to be squeezed by tariffs and trade tensions. Ford reportedly said that it will refresh 75 percent of its North American lineup over the next two years. On Thursday, investors sold Ford shares down another 2.9 percent to a new 52-week low. Reuters reports the company is expected to report a decline in third quarter profits on October 24th.

Added on the 19/10/2018 09:34:06 - Copyright : Wochit

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