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 vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.
The report released Thursday shows a loss of $1.4 billion on 37,000 vehicles in its Model-e section for the fourth quarter of last year, bringing its total losses on EVs to $5.1 billion in 2024. The ...
The Blue Oval may not have plans to race the Mach-E in a stock car series anytime soon, but expect to see it on track ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
1don MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change. Gjaja joined the automotive ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Ford's CEO says they can't hide behind a tariff wall forever. Yet he still seems to support import duties on Japanese and ...
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
Overtime' to report on Ford's earnings report. Former Defense Secretary Mark Esper's security detail revoked 15 Weird Car Features You Didn’t Know You Might Have Scarlett Johansson and Jonathan Bailey ...
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