Bloomberg's Auto Business Report
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July 26, 2024 ~ Ford shares plummeted 18% after a lackluster earnings report, raising industry-wide concerns, especially with Ford’s high warranty costs. CEO Jim Farley admitted these quality issues hit finances hard. Guy, Lloyd, and Jamie talk with Bloomberg Auto Business Reporter Keith Naughton about how traditional automakers are gaining on Tesla, while GM grapples with EV transition and tech challenges.
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