Ford Expects $3 Billion Loss On EV Unit For 2023
Meanwhile, Ford Blue and Ford Pro are expected to generate substantial profits.
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Meanwhile, Ford Blue and Ford Pro are expected to generate substantial profits.
Read More »A massive difference by any measure.
Read More »Another area the company is overstaffed in.
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 »The Blue Oval remains on track with its original plan.
Read More »A significant improvement over current generation vehicles.
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Ford has turned its short-term pain in India and Brazil into a long-term gain.
Read More »Rising costs have evaporated the EV crossover's profit margin.
Read More »The Super Duty generates a quarter of the automaker's profit.
Read More »It will take some time to recoup Ford's massive EV investment.
Read More »Roughly double what union members got last year.
Read More »Ford's investment in the upstart EV automaker has paid off big time.
Read More »The company thinks they'll be more profitable than gas pumps, too.
Read More »Ford could make a ton of money from selling its stake in the company.
Read More »Ford harnessed the power of scale to make the Mach-E profitable from the start.
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Ford's profit soared following a sharp reduction in incentive spending in Q2.
Read More »A staggering number that supports the automaker's decision to end production there.
Read More »A big part of the problem stems from demand.
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A variety of unique events combined to send dealer profits surging to new highs last year.
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It's the company's first profit since the onset of the COVID-19 pandemic.
Read More »The amount paid out for warranty claims continues to increase.
Read More »And it could add a few zeroes to The Blue Oval's top and bottom lines.
Read More »Despite the fact that Ferrari production has been idled since March.
Read More »FoMoCo paid its top six executives a combined $70 million in 2019, while recording just $47 million in net income.
Read More »A significant increase in expected losses compared to the $600 million Ford initially expected to lose.
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