Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Ford says EV unit losing billions, should be seen as startup

Por: ABC News Tech March 23, 2023

thumbnail

DETROIT -- Ford Motor Co.'s electric vehicle business has lost $3 billion before during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.The figures were released Thursday as Ford rolled out a new way of reporting financial results. The new business structure separates electric vehicles, the profitable internal combustion and commercial vehicle operations into three operating... + full article



Similar News

Ford says EV unit losing billions, should be seen as startup

10 WBNS USA Nation March 23, 2023

thumbnailDETROIT — Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year  in the new technology. The figures were released Thursday as Ford rolled out a new way of reporting financial... + más

Ford scion Bill Ford urges UAW to end strike: ‘We can stop this now’ | New York Post

Ford's EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units | CNBC


Ford says EV unit losing billions, should be seen as startup

WPLG Local 10 USA Tech March 23, 2023

thumbnailDETROIT – Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year in the new technology.The figures were released Thursday as Ford rolled out a new way of reporting financial results.... + más

Ford's EV business lost $2 billion in 2022, offset by big profits in fleet and legacy units | CNBC

Ford to lose $3B on EV 'startup' in 2023, turn profit on traditional vehicles | Fox Business


Ford CEO Jim Farley grapples with problems from the auto maker’s past

Fox Business USA Tech February 17, 2023

thumbnailFord President and CEO Jim Farley and Formula 1 CEO Stefano Domernicali discuss Ford's growth in the auto industry and employment and announce its return to Formula 1 racing. Motor Co. more than two years ago, eager to chart the auto maker’s path to an electric, high-tech... + más

Chris Rock compares Chris Farley to Michael Jordan, calls late comedian 'unhateable' | Fox News

Ford's stock is up more than 70% since Jim Farley became CEO – but he still has a ton of work to do | CNBC


Ford investing $3.5B to build EV battery plant with Chinese partner

New York Post USA Tech February 14, 2023

thumbnailFord Motor on Monday announced plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan, betting that making the batteries in the United States will help and Chinese partner CATL attract US customers to embrace a lower-cost technology pioneered in... + más

Ford to move forward with $3.5 billion EV battery plant with Chinese company | CNBC

Ford Is Taking a Tesla-Like Approach to EV Batteries | MarketWatch


Ford Stock Analysis: Is Ford A Profitable Company In 2022?

Forbes USA Business October 22, 2022

thumbnailThe 40 millionth Ford Motor Co. F-Series truck sits on the assembly line at the Ford Dearborn ... [+] Truck Plant on January 26, 2022 in Dearborn, Michigan. Photo by JEFF KOWALSKY AFP via Getty Images Key Takeaways Ford stock was on a big upswing in 2021, rising 136% as... + más

Ford: Gas cars are a growth business | CNN

Ford asks for new trial after $1.7 billion jury verdict in truck rollover lawsuit | Fox Business


Ford asks for new trial after $1.7 billion jury verdict in truck rollover lawsuit

Fox Business USA Business September 27, 2022

thumbnailFOX Business correspondent Grady Trimble speaks to Ford CEO Jim Farley about the evolution of the company's electric vehicle and ICE businesses. Ford Motor Co. is asking a Georgia court for a new trial, after a jury reached a $1.7 billion verdict against the auto maker last... + más

Ford: Gas cars are a growth business | CNN

Ford to invest $700M, add 500 jobs at Louisville truck plant | Fox Business


Ford: Gas cars are a growth business

CNN USA Business September 22, 2022

thumbnail(CNN Business)When Ford chief executive Jim Farley split the company's passenger vehicle business into two parts — one for electric cars, the other for gasoline-powered vehicles — Farley put himself in charge of the electric car business, a division called Model e. The... + más

Ford's new Mustang sticks with pure gasoline | CNN

Ford shuffles management, seeks new global supply chain head | ABC News



About iurex | Privacy Policy | Disclaimer |