Automakers

Long-suffering Ford shares reach 20-year high

Farley
Wall Street has taken a shine to Ford's growth plans under CEO Jim Farley.
November 05, 2021 04:24 PM

DETROIT — The last time Ford Motor Co. shares were worth this much, Jim Farley was climbing the executive ranks at Toyota, Apple was about to reveal a handheld music player called the iPod, and air travelers didn't have to take off their shoes at security. Ford, fresh off the scandal surrounding Explorers fitted with defective Firestone tires, was a month away from firing Jacques Nasser as CEO.

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