For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric vehicle business, however, lost $5.1 billion, even worse than its loss of $4.7 ...
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Hosted on MSNFord Knows Electric Vehicles Can't TowFord doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward. CEO Jim Farley ...
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...
Speaking during the earnings call, Ford CEO Jim Farley said hybrid trucks are a key growth area and give the automaker ...
California’s push to electrify its cars is facing a potentially serious problem: People aren’t buying electric cars fast ...
Elon Musk has risen to fame by founding some of the most innovative tech companies in the world today, including electric vehicle maker Tesla and space exploration company SpaceX. Today, Musk ranks as ...
Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...
Honeywell is one of the last industrial conglomerates in America. Now, it will join the ranks of others and split into three separate companies.
CEO Farley says extended-range EVs work better for large cars and trucks; Tariffs on Mexico and Canada are okay for Ford if ...
In my lifetime and during my career, I don't think one administration changed the auto industry more than the Biden years ...
"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Apex Mayor Jacques Gilbert said he remembers going to the charging station as a child — when it was a Phillips 66.
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