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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.
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 ...
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 ...
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
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 ...
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 ...
Las Vegas Sun
14h
Nevada AG Aaron Ford part of coalition suing Elon Musk over Treasury access
Democratic Nevada Attorney General Aaron Ford has joined a coalition of 19 other attorneys general suing to stop Donald Trump’s political ally Elon Musk and ...
5h
Country star Colt Ford’s advice to Jelly Roll after dropping 150 pounds
Country star Colt Ford shared that he and Jelly Roll were able to bond over what it’s like to be the “big guys.” ...
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