Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
The largest impact will be on Ford's Lincoln Nautilus and General Motors’ Buick Envision, which accounted for 95% of ...
The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs ...
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
Given the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, profitability in the electric market is going to be tough for the automaker.
Jim Farley was also critical of large EVs in general, saying they have "unresolvable" problems due to weight and high battery ...
Extended-range electric vehicles will be essential to the American market, Ford CEO Jim Farley said on the company's earnings ...