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.
The report released Thursday shows a loss of $1.4 billion on 37,000 vehicles in its Model-e section for the fourth quarter of last year, bringing its total losses on EVs to $5.1 billion in 2024. The ...
Two senators are giving Ford CEO Jim Farley one week to explain why the automaker ended a 40-year contract with car hauler ...
Ford's electric vehicle division is working to development cost improvements as the company continues to invest in future ...
Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding ...
Colt Ford’s health journey took a serious turn in 2022 when he was diagnosed with myasthenia gravis, an autoimmune disease ...
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