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Ford lost $5 billion on its EV business
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.
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 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.
15h
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 ...
autoevolution
14d
New 2026 Ford Mustang Shelby GT350 (GT350R) Is the Hottest Car of the Year Yet!
The all-new Ford Mustang GT350/GT350R is the most powerful muscle car in production, boasting up to 830 horsepower in its top ...
1d
on MSN
Ford Expects Big Profit Drop as Trump Tariff, EV Threats Loom
Ford warned that profit may fall by $2 billion or more in 2025 on lower vehicle prices and costly new-model launches, adding ...
8h
on MSN
1996 Mustang Cobra With Just 5K Miles Costs Almost As Much As A New EcoBoost
The seller is asking for $29,500 and while that’s almost as much as a brand-new EcoBoost Mustang, this 1996 model has an ...
4d
Test-Driving The 2025 Ford Mach-E Electric SUV
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
16d
‘Never’: Dealership salesman says never buy these 2 Ford models used. Then he blasts this Mercedes C-Class
Cage, who works at Maxx Autos Plus in the Tacoma area, clearly doesn’t think much of Dodge as a brand. He names four Dodge models (Hornet, Dart, Journey, and Caravan) along with a couple of Fords ...
Electrek
3d
Honda, Hyundai, Ford, Subaru, and Kia EV sales climb in January
Several automakers, including Honda, Hyundai, Ford, and Kia, reported higher EV sales in the US in January. Here’s a ...
1d
on MSN
Ford’s Future Involves New Range-Extended Models
Speaking during the earnings call, Ford CEO Jim Farley said hybrid trucks are a key growth area and give the automaker ...
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