Ford Motor’s market value tops $100 bn


January 14, Fineko/ The market value of the Ford automobile company has been announced.

ABC.AZ informs that Ford Motor’s market value topped $100 bn for the first time ever.

So, Ford became the fourth after Tesla, Toyota and Volkswagen.

On 13 January, Ford shares were worth $25.38, which is the highest in the last 20 years. According to experts, the price increase is linked with Ford's plans to increase the production of electric vehicles.