Posted on 06/16/2022 10:08:39 PM PDT by conservative98
Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs.
“We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.”
(Excerpt) Read more at finance.yahoo.com ...
“It looks bad even in promo pictures”
The bulgy front hood is peculiar. Is that storage space? Batteries are underneath, motors are down low also.
As the years have passed, engine compartments have gotten smaller because we get smaller engines that can develop the necessary power.
30 @ 80 sounds good to me.
I test drove one of those a few years back while I was in Denver [5000 ft. plus as I was over by Golden]. It seemed to move about just fine. I was unable to get any real world F.E., so have wondered about that since. Thanks for sharing.
Oddly, I lived in Larkspur until recently, and the truck got 1 mpg better up there at 7,000 ft.
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