Down 21%, What's Going On With Ford?
FFord Motor(F) The Motley Fool·2024-08-04 22:30

Ford is suffering from underwhelming Q2 results coupled with a tepid industry forecast for the second half of the year.Ford Motor Company (F -6.17%) shares are down over 20% after the company disappointed in its second-quarter results last week. The troubles hitting Ford shares are part of an inherent problem facing most automakers. This is a very cyclical business, and the market rarely gives these companies high valuations.With some problems across EVs and warranty coverage, coupled with a relatively tepi ...