Ford projects mounting EV losses for 2025, Q4 profit up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of $1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Ford CEO Jim Farley has revealed that the automaker is developing extended-range powertrains for its large electric SUVs and ...
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 managed to beat Wall Street’s expectations for the fourth quarter of 2024, posting $48.2 billion in revenue, up $2.2 ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
"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 ...
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.Gjaja joined the automotive ...
I bring this up because Ford's investors certainly did this week during the Dearborn automaker's fourth-quarter earnings call ...
Ford has begun planning a series plug-in hybrid system for use in SUVs and its largest Super Duty heavy-duty pickup trucks, ...
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