Ford is projecting its electric car business will lose another $5.5 billion dollars this year. That figure matches last ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
The report released Thursday shows a loss of $1.4 billion on 37,000 vehicles in its Model-e section for the fourth quarter of last year, bringing its total losses on EVs to $5.1 billion in 2024. The ...
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change.Gjaja joined the automotive ...
The 2025 Mustang Mach-E still offers a choice between a 70-kWh Standard Range and a 91-kWh Extended Range battery, with ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
By ALEX VEIGA Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles ...
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
With dwindling passenger car sales for hydrogen fuel cells, the technology is now looking like a non-starter for heavy-duty ...
Even with over a decade of government help, EVs make up around 9% of all new car sales. And most of these are sold to well-heeled consumers (and government fleets). Electric vehicles are status ...
Speaking during the earnings call, Ford CEO Jim Farley said hybrid trucks are a key growth area and give the automaker ...