Ford posts profit increase in 2024 on highest revenue year, beats expectations
Ford achieved a $1.8 billion net income in the last three months of 2024, reversing a half-a-billion-dollar loss from the year prior on $48.2 billion in revenue, which was up 5%. Adjusted operating income for the quarter was up 91% to $2.1 billion.
Ford, bedeviled by high warranty costs, reports that its fourth-quarter spending there fell $500 million from Q3.
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
RBC Capital Markets also maintained a cautious view on Ford and the overall U.S. automotive sector, but still expects ...
Ford could be hurt by the removal of EV federal tax credits and tariffs imposed on Mexico and Canada. Will the company ...
Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a ...
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Ford Motor sees weaker profit in 2025; shares slumpFord Motor on Wednesday warned of weaker annual profit that overshadowed better-than-expected fourth-quarter results at a time when the threat of U.S. tariffs on Canada and Mexico that have been ...
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