Home » Lifestyle » New F-150 a fresh driver for shares: Ford’s Jim Farley
New F-150 a fresh driver for shares: Ford’s Jim Farley
Check out the 2021 F-150
Ford Motor Company Jim Farley lays out Ford’s redesigned F-150 to Fox News’ Gary Gastelu.
Ford’s F-150, the automaker's best-selling truck, is getting some hot upgrades for 2021 that could be a key driver for investors who own the stock, which has dropped over 35 percent this year.
Continue Reading Below
FORD MOTOR COMPANY
Ford Chief Operating Officer Jim Farley told FOX Business the enhanced truck and some of the automaker’s other new initiatives are not reflected in the true value of the company’s $25 billion market cap.
THE NEW FORD F-150: A LOOK AT THE 2021 TRUCK
“No, not fully. And that doesn’t include also our Transit business," he said. "Globally, you know, we’re one of the leaders in the van business in Europe and the U.S. and China. So we certainly have upside in value creation. And we think the electrification, future-proofing this business, is going to be a really important part of our value creation.”