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.
1don MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
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 ...
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 ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change. Gjaja joined the automotive ...
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
1don MSN
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, ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback