Ford is expanding the size of their factory that builds the F-150 lightning to 150,000 units annually. GM has been building the electric version of the Silverado since the spring. Ford is feeling some pressure to protect the turf that it has built by being one of the first ones out there with its electric pickup trucks.
Bloomberg News Auto Reporter Keith Naughton and Garrett Nelson, Senior Equity Research Analyst at CFRA, talk about Ford cutting prices on its electric F-150 pickup truck in an effort to compete with Tesla and GM. Julia White, Chief Marketing and Solutions Officer at SAP, discusses cloud transformation and the impact of AI. And we Drive to the Close with Sue Crotty, Chief Investment Officer at Segal Marco Advisors.
Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan.
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