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Ford goes protectionist
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 goes protectionist as EV losses top $5B
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and China: Why stop there? Farley
Ford posts another big loss for its EV division in 2024
The US automotive group Ford once again recorded a hefty loss in its Model e division in last year. At $5.1 billion, it was even higher than in 2023. Ford now
Ford, Trump
Ford Sees Sharp Profit Drop as Trump Tariff, EV Threats Loom
Ford Motor Co. warned that profit may fall by $2 billion or more this year due to lower vehicle prices and costly new-model launches, adding to risks posed by potential new tariffs under President Donald Trump and dimming demand for plug-in cars.
Trump's China tariff increase affects Ford and GM vehicles, billions of dollars in auto parts
President Donald Trump’s move to impose 10% additional tariffs on imports from China this week affects a small number of U.S. vehicles.
Ford CEO: Trump tariffs would wipe out billions in profits if they’re long lasting
Jim Farley, CEO of Ford (F) has joined the rest of the auto industry to warn Trump against them. He reasoned that the US profits would be run over if you hit the world with tariff hikes. Tariffs have hit the motor industry the most.
AutoGuide
25m
Ford Knows Electric Vehicles Can't Tow
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
22h
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 ...
3h
on MSN
Ford CEO Jim Farley Says Big Electric Trucks Aren't Profitable Just Yet
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
1h
on MSN
Ford Plans EREV Powertrains; Tariffs Could Force ‘Major Strategy Shifts’
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
1d
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 ...
4h
on MSN
Ford shares losing traction on concerns over EV losses, warranty costs, tariffs
Ford Motors' conservative outlook for FY2 raises concerns about profitability, with tariffs, EV losses, and warranty issues ...
1h
Tracking the EV battery factory construction boom across North America
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
Green Car Reports
8h
Report: Ford developing plug-in hybrid Super Duty, SUVs
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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