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.
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
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Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change.
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The move to put 10% additional tariffs on imports from China will affect a small number of U.S. vehicles, but increased costs ...
The Ford Explorer Electric was introduced after the Ford Mustang Mach-E, and was soon followed by the Capri. Of course, ...
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