Why Ford's Commercial-Vehicle Business Will Boom With EVs
Ford Motor Company (NYSE: F) dominates the market for commercial vehicles in North America and Europe. You might think that domination will come under threat as the world transitions to electric and connected vehicles -- but it turns out that Ford has a sophisticated plan to not just defend its turf with its own electric vehicles, but to actually boost the revenue generated by its commercial vehicle business. The secret? New software offerings tailored specifically for its fleet customers.
In this Motley Fool Live broadcast, recorded on May 27, Industry Focus host Nick Sciple and Motley Fool senior auto specialist John Rosevear take a closer look at Ford's strategy to boost its revenue -- and its profits -- as commercial fleets transition to zero-emissions vehicles.
Source Fool.com
