More than a century ago, Henry Ford transformed the way people traveled from one place to another. The Blue Oval has since become an iconic brand with a loyal customer base. The big question today is, can Ford (NYSE: F) stay as relevant for another century?
Let's take a closer look at Ford's key challenges today and the company's plans to address them.
The first major concern for Ford is a drop in its revenue. In the first quarter, Ford's revenue fell 5% from the year-ago quarter. The company attributed the drop in revenue to supply chain constraints even as the demand for its products remained robust.
Source Fool.com