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 is projecting its electric car business will lose another $5.5 billion dollars this year.That figure matches last year’s deficit and eclipses the $4.7 billion the company lost building EVs in 2023—so for those of you keeping track at home that's a projection of roughly $15 billion in losses.

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’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.

Model e, Ford's electric vehicle business, posted a full-year loss of $5.08 billion for 2024 as revenue fell 35% to $3.9 billion.

Ford has been grappling with stubbornly high warranty expenses and sluggish cost-cutting efforts. In the July-September quarter, the company took $1billion (€960,000) in accounting charges to write down assets for a cancelled three-row electric SUV.