Ford Still Losing Billions on EVs, but Not All Is Lost
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 billion the year prior. It expects to lose even more, $5.5 billion, on EVs in 2025.
Jesse Acosta fell in love with the smoothness and speed of his new Ford F-150 Lightning, an electric version of Ford’s ...
Ford’s F-150 Lightning is losing ground in the US with new electric pickups like the Tesla Cybertruck and Chevy ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
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Tesla Dominating GM And Ford In U.S. EV MarketDouglas McIntyre, editor-in-chief at Climate Crisis 24/7, reports that Tesla dominated the U.S. EV market in 2023, with the ...
EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s ...
Ford CEO Jim Farley didn't mince words during the company's latest financial call on Wednesday. The Blue Oval's brand chief ...
The F-150 Lightning’s sales numbers were down more than 10 percent compared to the fourth quarter of 2023, while the ...
U.S. markets were in the green on Wednesday, with the Nasdaq Composite rising approximately 40 points to 19,692.33. The Dow ...
Car manufacturers that have a heavy presence in the US, such as Tesla, Rivian, and Ford, will still feel the impacts of Trump ...
The U.S. stock market sold off Monday as Wall Street digested President Donald Trump’s tariffs on Canadian, Chinese and Mexican goods set to go into effect Tuesday, though much of the losses were ...
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