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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 Verge on MSN · 1d

Ford lost $5 billion on EVs in 2024, teases new models

Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.

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

Hosted on MSN · 2d

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 fourth quarter.

YAHOO!Finance · 1d

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 market and tariff impacts.

Business Insider · 2d

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. Maximize Your

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 · 23h

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.

Ford predicts big EV loss, even

Bloomberg on MSN · 1d

Ford Expects Big Profit Drop as Trump Tariff, EV Threats Loom

Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs and dimming demand for plug-in cars.

Fox Business on MSN · 1h

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.

Reuters · 1d

Ford predicts big EV loss, even as overall profits beat forecasts

Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powered models.

1don 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 ...

12h

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.

justthenews7h

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 ...

DBusiness Magazine1d

Ford Reports Record 2024 Revenue, Makes Leadership Changes

Ford Motor Co. in Dearborn reported fourth-quarter 2024 revenue of $48.2 billion and a total of $185 billion for 2024, the ...

23hon MSN

Ford recalls nearly 73,000 vehicles for potentially faulty rear-view camera

Ford recalled nearly 73,000 vehicles that may have a faulty rear-view camera. See if your vehicle is on the list.

1don 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.

KRIV2d

Ford Truck owners beware! The new crime trend that could cost you thousands

The Webster Police Department recently investigated a crime ring responsible for stealing taillights from high-end Ford trucks around the greater Harris County region.

autobodynews2d

Fix Auto Houston Expands Expertise with Ford Certification

Fix Auto Houston, opened in 2023 as the first Fix Auto USA location in Texas, now has three OEM certifications, including ...

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Ford Still Losing Billions on EVs

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

Ford, Tariffs

Ford predicts big EV loss, even

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