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Ford lost $5 billion on its EV business

Fast Company · 16h

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.

Autoblog on MSN · 9h

Ford’s EV losses hit billions in 2024, is the worst yet to come?

Tariffs could compound Ford’s problems. President Donald Trump’s threats to impose 25% tariffs on imports from Mexico and Canada could fur

The Verge on MSN · 1d

Ford lost $5 billion on EVs in 2024, teases new models

Ford’s electric vehicle and software business lost $5.1 billion in 2024, up from $4.7 billion lost in 2024. And the automaker doesn’t anticipate any relief this year, when it predicts it will lose as much as $5.

Ford, Trump

Cryptopolitan on MSN · 14h

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.

Inside EVs · 19h

Ford's CEO Finally Says The Quiet Part Loud About Tariffs

Ford CEO Jim Farley didn't mince words during the company's latest financial call on Wednesday. The Blue Oval's brand chief made it clear: if U.S. President Donald Trump enacts 25% tariffs on imports from Canada and Mexico, new car buyers will be the ones who end up footing Ford's higher bills.

Ford CEO urges Trump not to 'cherry-pick' tariffs as auto industry faces multibillion dollar threat

During Ford’s Q4 earnings call yesterday, Farley warned that prolonged tariffs on imports coming from Mexico and Canada, where Ford and rival GM ( GM) make vehicles, would have a "devastating impact" on the industry, with the potential for billions in profits to be wiped out.

21hon MSN

Ford 2024 earnings of $10.2 billion are a slight dip from 2023

Ford Motor Co. on Wednesday reported its 2024 adjusted earnings before interest and taxes dropped slightly to $10.2 billion, ...

2don MSN

Ford EV Buyers In Canada Can Get A Free Home Charger And Installation

The complimentary home charger and installation are bundled with the purchase or lease of the aforementioned EVs between ...

AutoGuide on MSN16h

Ford Projects Losing $15 Billion In Three Years Building EVs

Ford is projecting its electric car business will lose another $5.5 billion dollars this year.That figure matches last year’s ...

2don MSN

Canada, Mexico integral to US auto manufacturing for a century

American automakers have relied on labor from neighbors to the north and south since the early days of auto production in ...

2d

Ford, GM Stocks Rise After Trump Delays Tariffs on Mexico and Canada

Auto stocks rose Tuesday after the Trump administration agreed to delay imposing new tariffs on Mexico and Canada, offering ...

3d

Ford is bringing its free home EV charger offer to Canada.

Canadians can now take advantage of the recently extended Ford Power Promise promotion, which includes a free home charger ...

3don MSN

Ontario will be 'ripping up' its $68 million Starlink contract with SpaceX, Doug Ford says

SpaceX's Starlink was awarded the $68 million contract in November to provide internet services to 15,000 homes and ...

1don MSN

Some Toyota and Ford cars are being recalled in Canada. Here’s why

Monday’s Toyota recall was connected to an older recall issued in January. The notice said 31 cars are said to have been ...

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