Ford Q4 2024 Earnings: $1.8 Billion In Income On $48.2 Billion In Revenue
Ford Blue and Ford Pro were in the green, while Model e remained in the red.
Read More »Ford Blue and Ford Pro were in the green, while Model e remained in the red.
Read More »Largely due to falling raw materials prices.
Read More »Ford Blue and Ford Pro were in the black, while Model E was deep in the red.
Read More »It posted a massive loss through Q3.
Read More »At least, covering the costs of building those vehicles.
Read More »Following a successful run earlier in the year.
Read More »Tech issues aren't cheap to fix.
Read More »Going against the overall grain.
Read More »As it works to get the Model e division out of the red.
Read More »However, those drops are still being mitigated by revenue.
Read More »Even as demand for EVs has weakened.
Read More »While also providing higher adjusted free cash flow guidance for the year.
Read More »The commercial entity is proving to be incredibly profitable.
Read More »Underscoring the company's commitment to connected vehicle services.
Read More »Largely due to softening demand for EVs.
Read More »A much shorter timeline than its first-gen models.
Read More »Saving it $200 million in 2024 alone.
Read More »Ford Blue and Ford Pro once again drove the results.
Read More »And it may not become profitable this year, as previously expected.
Read More »A loss that wasn't entirely unexpected.
Read More »The automaker is still confident that it will right the proverbial ship.
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