Ford Motor CEO Jim Farley told investors Wednesday there were no plans to spin off his company’s electric vehicle business. That shouldn’t be a surprise. The Ford family is unlikely to ever let an EV spin happen.
“There’s a lot of focus on the digital electric growth opportunity, but we believe we have lots of room on our [internal combustion engine] business for better quality, lower structural costs and radical reduction in complexity,” said Farley at an investor conference. “And despite the press speculation, we have no…
