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Benzinga
Benzinga
Business
Randy Elias

DARK SECRETS: Why ford shares are trading higher today | Vintage Vibes

Ford Motor Company (NYSE:F) shares are trading higher after the company announced the separation of its electric vehicle and internal-combustion engine businesses. The company also reported February 2022 vehicle sales.

Ford said it will create distinct EV and internal combustion businesses in a bid to take on EV startups and established automakers. The new businesses are to be named "Ford Blue" and "Ford Model e."

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