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 ...
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
"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 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 ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
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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 ...
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
Ford is on deck to report results for the fourth quarter and the full year, with a focus on taming rising costs and what’s ...
Ford has begun planning a series plug-in hybrid system for use in SUVs and its largest Super Duty heavy-duty pickup trucks, ...
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