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 Motor Co. warned that profit may fall by $2 billion or more this year on an expected drop in vehicle prices and costly new-model launches, adding to risks posed by potential steep new tariffs under President Donald Trump and dimming electric vehicle prospects.

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 Motor Company has released its financial results for the fourth quarter and full-year 2024, alongside its earnings guidance 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

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 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.