Ford (F) saw increased vehicle sales in May, driven by strong demand for the company's electric vehicles (EVs) and hybrid models. CEO Jim Farley recently highlighted the company's variety of offerings, emphasizing that the auto industry's future will not solely revolve around EVs. Yahoo Finance's Pras Subramanian breaks down the details. To see CEO Jim Farley's full interview, click here. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
Both auto giants beat earnings expectations for the first quarter, but only one hiked full-year guidance.
The company is balancing short-term stability and long-term EV aspirations amid margin pressures and cyclical market dynamics