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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.
Trump, Ford Motor Company and tariffs
Trump tariffs put US automakers at disadvantage, warns Ford CEO
Ford Motor Co (NYSE: F) chief executive Jim Farley is concerned that President Trump’s planned tariffs could do more harm than good to the US automotive industry. Raising tariffs against China, Mexico,
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
Ford CEO says Trump's tariffs could cost the industry billions in profits — and raise car prices
President Donald Trump’s proposed tariffs on Mexico and Canada could be devastating for the auto industry, according to Ford Motor Co.’s (F) CEO.
13h
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 ...
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.
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 ...
WOOD-TV
1h
Ford granted extension for Marshall EV plant
Executives at Ford have been granted an extension for the company’s electric vehicle battery plant being built near Marshall.
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 ...
14h
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 ...
20h
Ford Needs To Fix Over 72,000 Vehicles For Display Issues
A pair of new recalls have been issued by Ford in the US. While the car manufacturer handed over the wooden spoon for most ...
2d
on MSN
Ford’s weak guidance sends automaker’s stock sliding
Carmaker raises alarm with a light guidance for the year, saying profits will be marred by “headwinds related to market ...
2d
on 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 ...
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