Category: axing
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Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs By Reuters
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Investor EmpiresBy Nora Eckert Ford Motor Co said Wednesday it has scrapped plans to launch a three-row electric SUV and postponed the launch of a new electric version of its best-selling F-150 pickup truck, the latest delay by the U.S. automaker as it focuses on cutting costs to stimulate demand. Ford…