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Ford swings to profit in Q4 profit but warns of growing EV losses in 2025
However, Ford also projected up to $5.5bn in losses for its electric vehicle (EV) and software operations in 2025. Despite this, the company is expecting overall profitability for
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.
Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding
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 Stock Slides amid $5.5B EV Loss Forecast for 2025
Ford Motor (F) stock declined 4.5% in yesterday’s after-hours trading despite reporting better-than-expected Q4 results. The drop came after
2d
Electric Vehicle Sales Set New Record in Q4-Top 10 Sellers
While the Tesla Model Y and Model 3 saw sales declines in 2024, they still continue to be best-selling electric vehicles in ...
autoevolution
1d
Ferrari's First-Ever Electric Vehicle To Be Unveiled in October, CEO Vigna Confirmed
Ferrari CEO Benedetto Vigna confirmed the brand's first-ever electric vehicles will be unveiled on October 9 during Ferrari's ...
The Scranton Times-Tribune
6d
Audi Q4 E-Tron charged with tech and comfort
Vorsprung durch Technik.” That bit of Teutonic marketing translates from German to “progress through technology,” and since ...
10d
General Motors Q4 Earnings Preview: EV Tax Credits, Tariffs, Political Impacts
General Motors has beaten revenue and earnings per share estimates from analysts in each of the last 9 straight quarters.
AOL
4d
General Motors' Outstanding Q4 in 3 Essential Graphs
Graphic source: General
Motors
'
Q4
presentation. GM's
Q4
incentives as ... While it's still in its developmental stage, the business model for
electric
vehicles (EVs) has been a money-loser ...
6d
GM Vs Tesla Stock: Which is the Better Investment After Q4 Earnings?
Q4 reports and outlook to help get a better gauge of whether these popular auto stocks should be in the portfolio.
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