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2026-10-31 01:22:24
According to reports, Ford CEO Jim Farley has set a new development goal: to achieve annual sales of 5 million vehicles by 2032, an increase of approximately 20% compared to current sales levels. This development strategy includes several specific initiatives, including plans to launch five new models priced under $40,000 by 2030. The $30,000 Fathom electric pickup truck is among these new models, expected to begin production in the fourth quarter of 2027, with first-year sales projected to exceed 100,000 units. Public data also shows that as of September this year, Ford's global deliveries declined by 9% year-on-year, while the company's stock price has fallen by approximately 8.5% since the beginning of the year.
