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.
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Ford Motor Co. says it continues to focus on improving customer experience and is making some key leadership changes in the ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding ...
The Blue Oval brand will field a full factory FIA WEC team to try and capture its first outright win in nearly six decades.
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 ...
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