Ford slows EVs, sends a truckload of cash to investors

Ford slows EVs, sends a truckload of cash to investors

DETROIT: Ford Motor shares jumped on Tuesday after the automaker said it will return more cash to shareholders, starting with an extra 18 cents-per-share dividend in the first quarter, joining General Motors in giving investors more of the cash spinning from North American combustion trucks. Ford forecast $10 billion to $12 billion in pretax profit … Read more