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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.
Harrison Ford, Indiana Jones
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 course of four decades. His latest and final appearance in Indiana Jones and the Dial of Destiny didn't seem to live up to the hype of the movies in the franchise that came before it.
Harrison Ford is ‘still happy’ he made ‘Indiana Jones 5’ despite underwhelming box office
It takes a lot to make Harrison Ford regret doing a project. This is especially true when it comes to the classic “Indiana Jones” franchise.
Harrison Ford Doesn't Really Care That The Last Indy Movie Flopped
But as you might expect, the laidback star of the movie, Harrison Ford, doesn’t really seem to mind and is still happy that it got made. In a new interview with the Wall Street Journal about Ford’s career and his work in TV shows,
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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 ...
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 ...
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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 ...
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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 ...
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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 ...
10h
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 ...
16h
Ford Needs To Fix Over 72,000 Vehicles For 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 ...
11h
on MSN
Multi-million dollar grant to improve flow of traffic at Henry Ford Health campus
A new multi-million-dollar grant will soon give a big boost to one of Detroit's largest construction projects and transform ...
19h
From Snoop’s Cookbook To DJ Mustard’s Mustard. Ryan Ford Is Leveraging Diversity To Drive Culture
With DJ Mustard's new partnership with Heinz, and Snoop Dogg's Cookbook on the New York Times list, creator Ryan Ford shares ...
MotorBiscuit on MSN
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[Watch] Houston police catch VIN-swapping thieves red-handed at Ford dealership
Rick Guzman, a finance director at the Friendly Ford dealership in Crosby, Texas was expecting a typical day at work when he ...
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