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Ford lost $5 billion on its EV business
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.
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.
23h
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.
2h
The Weeknd adds second night to Ford Field concert stand in May
The R&B star will now play a two-night stand when he hits Detroit this spring on his After Hours Til Dawn stadium tour.
5h
on MSN
Colt Ford Gave Jelly Roll This Advice About Being a ‘Big Guy’ Who Wants to Get Healthy (Exclusive)
Country-rap singer Colt Ford, 55, who lost 60 lbs. after a heart attack last year, talked to Jelly Roll about his recent ...
22h
on 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.
3h
on MSN
Ford CEO: We Have To Beat China In A 'Street Fight'
I bring this up because Ford's investors certainly did this week during the Dearborn automaker's fourth-quarter earnings call ...
5h
Ford Needs To Fix Over 72,000 Vehicles For Interior 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 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 ...
1d
Harrison Ford, 82, Has 2 Word Response To 'Indiana Jones 5' Backlash
Harrison Ford first played Indiana Jones back in 1981 and went on to play the beloved character in five movies over the ...
1d
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 ...
1d
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 ...
2h
Nevada AG joins lawsuit over DOGE access to ‘personal private information’
Elon Musk and Department of Government Efficiency staffers received access to personal data from the Treasury Department, ...
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