Ford projects mounting EV losses for 2025
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.
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
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 ...
22hon MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Tariffs have been a hot topic over the past two weeks. The number one uncertainty is if those tariffs would be enacted as ...
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