Ford CFO Says Company Sees No Remaining "Pent-Up Demand" For Combustion Vehicles, So No Pricing Upside
Portfolio Pulse from Benzinga Newsdesk
Ford's CFO, at the Barclays conference, indicated that the company sees no remaining 'pent-up demand' for combustion vehicles, suggesting no potential for pricing upside in this segment.
November 30, 2023 | 3:28 pm
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Ford's CFO's statement about the lack of 'pent-up demand' for combustion vehicles implies that revenue growth from this segment may be limited, potentially affecting the stock negatively in the short term.
The CFO's comments suggest that Ford may not be able to increase prices for combustion vehicles, which could limit revenue growth from this segment. This may lead to investor concern about Ford's future earnings potential in the short term, potentially putting downward pressure on the stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80