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.
Michigan is giving Ford Motor Co. an extra year in its deadline for investment and job creation at a scaled-down electric ...
I bring this up because Ford's investors certainly did this week during the Dearborn automaker's fourth-quarter earnings call ...
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 ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
The automaker has a plan to catch up to rivals rolling out high-performing, affordable electric vehicles. But first, it has ...
Ford is on deck to report results for the fourth quarter and the full year, with a focus on taming rising costs and what’s ...
Ford Motor Co. warned that profit may fall by $2 billion or more this year due to lower vehicle prices and costly new-model ...
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