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.
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
22hon MSN
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
AutoGuide on MSN4h
Ford Projects Losing $15 Billion In Three Years Building EVsFord is projecting its electric car business will lose another $5.5 billion dollars this year.That figure matches last year’s ...
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 Motors' conservative outlook for FY2 raises concerns about profitability, with tariffs, EV losses, and warranty issues ...
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
Ford has begun planning a series plug-in hybrid system for use in SUVs and its largest Super Duty heavy-duty pickup trucks, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback