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Ford becomes best performing stock among automakers in 2021

By Shubhangi Mathur - Jan 04, 2022, 02:37 AM ET
Last Updated - Feb 13, 2024, 01:20 PM EST
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Ford reported its largest single-day share increase on December 10 when the company said it would triple production of the electric Mustang Mach-E to more than 200,000 units per year for North America and Europe by 2023

Ford reported its largest single-day share increase on December 10 when the company said it would triple production of the electric Mustang Mach-E

Shares of Ford Motor surged roughly 140% last year

Ford reported its largest single-day share increase on December 10 when the company said it would triple production of the electric Mustang Mach-E

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Shares of Ford Motor surged roughly 140% last year becoming the best performing stock among automakers, beating its rival Tesla and General Motors.

This comes under the leadership of auto veteran Jim Farley who was appointed in October 2020. Farley shifted focus towards building electric vehicles including upcoming F-150 Lightning pickup.

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