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EVs Cost Ford Staggeringly Huge Amount in Losses
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.
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.
EVs Cost Ford Staggeringly Huge Amount in Losses Over Just 3 Months
New information from Ford shows that the road to electric vehicle profitability is filled with potholes. Ford has projected that in 2025, it will lose up to $5.5 billion on its electric vehicle and software divisions.
Ford Projects Significant Losses On EVs in 2025
Ford’s Model e electric division has stacked up some staggering losses in recent years, recording a $5.1 billion shortfall in 2024. Unfortunately, the automaker said it expects to lose even more in 2025 as a challenging market and an unpredictable political landscape take their toll.
Ford’s EV losses hit billions in 2024, is the worst yet to come?
Tariffs could compound Ford’s problems. President Donald Trump’s threats to impose 25% tariffs on imports from Mexico and Canada could fur
Ford shares losing traction on concerns over EV losses, warranty costs, tariffs
Ford Motors’ (NYSE:F) conservative outlook for FY2, which imbedded an expectation for increased incentives and continued losses from its struggling EV unit, raised concerns about its path to increased profitability and weighed on shares during Thursday’s trading.
15h
Country star Colt Ford's advice to Jelly Roll after dropping 150 pounds
Country music singer Colt Ford shared that he and Jelly Roll discussed what it feels like losing weight in the public eye and ...
18m
on MSN
Ford CEO Says China Leads US By 10 Years in EV Batteries, Needs Their IP
Licensing battery technology from China is the key to staying competitive with its automakers and eventually beating them, ...
StockStory.org on MSN
1d
Why Ford (F) Stock Is Down Today
Shares of automotive manufacturer Ford (NYSE:F) fell 6.8% in the morning session after the company reported underwhelming ...
2d
UAW members at Ford to get up to $10,208 in profit-sharing
Based on Ford Motor Co.'s annual profits in the United States, some 57,000 hourly workers at its factory could get sizable ...
2d
on MSN
Ford makes several leadership changes ahead of Q4 earnings
Ford Motor Co. says it continues to focus on improving customer experience and is making some key leadership changes in the ...
2d
Ford's gas vehicles head to take on expanded role of leading EV unit
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
2d
on MSN
Harrison Ford is ‘still happy’ he made ‘Indiana Jones 5’ despite underwhelming box office
It takes a lot to make Harrison Ford regret doing a project. This is especially true when it comes to the classic “Indiana ...
2d
on MSN
Country star Colt Ford sheds 60 pounds, switches diet after heart attack left him in 8-day coma
"Slow Ride" singer Colt Ford described how he switched to a healthier lifestyle after he "died twice" from a near-fatal heart ...
2d
on 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 ...
17h
on MSN
Value Stocks Are Outearning Forecasts. Why JPMorgan, IBM, and Ford Look Like Winners.
Value investors have struggled recently, but the first-quarter is turning out to be a winner with stalwarts like JPMorgan ...
17h
on MSN
Multi-million dollar grant to improve flow of traffic at Henry Ford Health campus
A new multi-million-dollar grant will soon give a big boost to one of Detroit's largest construction projects and transform ...
1d
on MSN
Here’s what is pushing Ford’s stock to its worst showing in 4 years
Ford Motor Co. shares extended their slide Thursday as the carmaker’s soft outlook for this year spooked Wall Street.
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