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Ford predicts big EV loss, even
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Ford managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 billion year-over-year. Gains from its gas-powered vehicle sales helped offset net losses from an unprofitable EV business.
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in
Ford predicts big EV loss, even as overall profits beat forecasts
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.
Ford, Tariffs
Ford's CEO Finally Says The Quiet Part Loud About Tariffs
Ford CEO Jim Farley didn't mince words during the company's latest financial call on Wednesday. The Blue Oval's brand chief made it clear: if U.S. President Donald Trump enacts 25% tariffs on imports from Canada and Mexico, new car buyers will be the ones who end up footing Ford's higher bills.
Ford CEO has tough words for his automotive rivals
However, when it comes to these tariffs, Ford CEO Jim Farley sees another issue beyond just Canada and Mexico. Ford CEO: Trump's tariffs "would have a huge impact on our industry." During Ford's (F) Q4 2024 earnings call,
Ford’s CEO Talks Tariffs And New Range-Extended Vehicles
Ford will offer range-extended vehicles as part of an evolving multi-energy strategy. The company’s CEO said large electric crossovers don’t make sense and need huge batteries. Ford had a net income of $5.
1d
on MSN
Ford lost $5 billion on EVs in 2024, teases new models
Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker ...
2h
Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
Electrek
6h
This is the Chinese EV Ford’s CEO says it needs to beat ‘straight up in a street fight’
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
1d
Ford's gas vehicles head to take on expanded role of leading EV unit
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
3d
Test-Driving The 2025 Ford Mach-E Electric SUV
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
1d
on MSN
Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Electrek
2d
Ford’s electric F-150 Lightning is losing ground as its aging EV lineup faces new threats
Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy ...
1d
on MSN
Ford Names Electric Vehicle Exec as Next Strategy Chief
Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change. Gjaja joined the automotive ...
RTE Online
2d
New electric vehicle registrations up 20% in January - SIMI
New figures from the Society of the Irish Motor Industry show that electric vehicle (EV) sales had a record-breaking month in ...
TopSpeed
1d
Ford Developing EREVs Amid Electric Truck Uncertainty
Given the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, ...
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