Ford is fighting a “multiple-front war,” Henry Peabody, a portfolio manager at Eaton Vance Corp. said, citing the company’s slowing sales growth in China and higher costs in the U.S. from global trade disputes.
“It is not like: ‘We invest here because of tariff issues.’ It is mostly about whether the market is growing,” said BMW’s CFO Nicolas Peter.
“We’ll go at this change not with a smile, but we know what we need to do.”
Net proceeds from the asset sales will be about $900 million.
Already a director, she replaces Musk after agreement with SEC.
The findings of the report will be used by investors deciding where to allocate their capital.