Ford Motor Co. anticipates lower earnings growth in 2025 and continued losses in its electric vehicle (EV) business. The company attributes the losses to ongoing investments in new products and faces challenges with high warranty expenses and slower cost reductions. Ford expects its EV unit to lose between $5 billion and $5.5 billion in 2025.
More than a year after budgeting nearly $500K, City of San Antonio says it plans to move forward with baby boxes
FILE - A line of unsold 2024 F150 and Lightning electric pickup trucks sit at a Ford dealership Sunday, May 19, 2024, in Denver. FILE - The cockpit of a Ford Mustang Mach-E electric car is pictured at the Motor Show in Essen, Germany, Dec. 2, 2021 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. The company's outlook calls for the EV unit to lose between $5 billion and $5.5 billion this year.
FORD EARNINGS ELECTRIC VEHICLES INVESTMENTS COST CUTTING
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