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Ford Still Losing Billions on EVs

Ford lost $5 billion on its EV business in 2024—and things could get worse this year

Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose 25% tariffs on goods from Mexico and Canada, which would affect Ford.

Gizmodo · 1d

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.

The Auto Wire on MSN · 1d

Ford Loses Over $5 Billion On EVs In 2024

Even though everyone was told for years that “electrification is the future” it seems for Ford the near future is all about internal combustion engines. Once again, the American automaker posted a huge loss for its EV division,

Ford, Tariffs

Barron's on MSN · 1d

Ford Stock Is Falling. CEO Says Trump Tariffs Will Damage U.S. Auto Industry.

Farley also defended Ford’s U.S. manufacturing footprint, pointing out that about 80% of Ford vehicles sold in the U.S. are made in the country. What’s more, all of Ford’s t

TheStreet on MSN · 1d

Ford CEO has tough words for his automotive rivals

However, when it comes to these tariffs, Ford CEO Jim Farley sees another issue beyond just Canada and Mexico. Ford CEO: Trump's tariffs "would have a huge impact on our industry." During Ford's (F) Q4 2024 earnings call,

Carscoops on MSN · 1d

Ford’s CEO Talks Tariffs And New Range-Extended Vehicles

Ford will offer range-extended vehicles as part of an evolving multi-energy strategy. The company’s CEO said large electric crossovers don’t make sense and need huge batteries. Ford had a net income of $5.

2don MSN

Ford shares slide as automaker forecasts weaker growth, further losses for electric vehicle unit

Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...

13h

Ford cracks down on drugs, weapons and other safety issues at its US plants

Ford is enhancing its safety initiatives across its U.S. plants, even allowing police inside, to enforce company policies and keep workers safe.

2don MSN

Ford Motor is set to report earnings after the bell. Here's what Wall Street expects

Wall Street analysts expect Ford to report adjusted earnings per share of 33 cents and revenue of $43.02 billion for the ...

Ford Motor Co (F) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Challenges Ahead

Ford Motor Co (F) reports an all-time high global revenue of $185 billion, while navigating future challenges in the EV ...

justthenews8h

Ford lost nearly $49,000 on each electric vehicle it sold in 2024

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 ...

F Earnings: Ford Motor Co.’s Financial Results Beat Wall Street Targets

Ford Motor Co. (F) has reported fourth-quarter 2024 financial results that beat Wall Street’s top- and bottom-line forecasts.

3hon MSN

Ford expecting mounting EV losses this year

Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.