Ford projects mounting EV losses for 2025, Q4 profit up
The automaker forecast overall profitability for 2025, but even that was lower than in 2024. For the fourth quarter, it reported a net profit of $1.8 billion, up from a loss of $500 million in the year-ago quarter as pension-related costs weighed on results.
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
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Ford Predicts It Will Lose Billions on Electric Cars in 2025It lost $5.1 billion in 2024 and estimates it'll lose even more this year. Electric vehicles are still generally unprofitable ...
The Ford Explorer Electric was introduced after the Ford Mustang Mach-E, and was soon followed by the Capri. Of course, ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
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Ford CEO Jim Farley did not mince words with Wall Street Tuesday, describing the impact from a lasting 25% tariff as being "devastating." ...
"They need to understand that there's a lot of policy uncertainty here," Ford CEO Jim Farley said about the administration.
Licensing battery technology from China is the key to staying competitive with its automakers and eventually beating them, ...
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