Ford Reinstates 2023 Guidance, Says Strike Cost $1.7 Billion
The automaker is still confident that it will right the proverbial ship.
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The automaker is still confident that it will right the proverbial ship.
Read More »It's adjusting its 2023 outlook as a result.
Read More »It was previously bailed out by the Chinese government, however.
Read More »The pickup lineup is a true cash cow for The Blue Oval.
Read More »For both the automaker and Ford Credit.
Read More »He earned far less than the top two.
Read More »Despite a big loss from its EV division.
Read More »Model e's massive loss was too much to ignore.
Read More »EV adoption slowed significantly in the second quarter, prompting a shuffling of plans.
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A shakeup of the automaker's current lineup is already underway.
Read More »An big turnaround after a disappointing 2022.
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More than doubling its previous result.
Read More »Documenting the automaker's progress in becoming carbon-neutral.
Read More »Meanwhile, Ford Blue and Ford Pro are expected to generate substantial profits.
Read More »It's an effort to hold top brass accountable for poor financial performance.
Read More »The automaker left around $2 billion in profit on the table.
Read More »A significant improvement over current generation vehicles.
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The jump can be directly attributed to an increase in average transaction pricing.
Read More »That information has been kept secret for two decades.
Read More »A decline in Rivian's share value is bad for Ford too.
Read More »Ford's focus on connected vehicle tech is expected to reap huge benefits.
Read More »Ford's investment in the upstart EV automaker has paid off big time.
Read More »The loss is being blamed on significant overhead and labor costs associated with production.
Read More »However, there are no further details available regarding Ford's relationship with Rivian.
Read More »That's nearly double the forecasted loss from May.
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