Ford and Lucid Motors were reportedly in talks about a possible takeover deal. Ford passed, but won’t rule out a future acquisition.
Articles: Margers & Acquisitions
Ford’s CEO from January 1999 to October 2001 had the idea for a mobility renaissance years before today’s “Smart Mobility” initiative.
Ford would rather “deliver product excellence and drive innovation” than consolidate with Fiat Chrysler, said the automaker in a statement.