Ford Motor Company has announced it is expecting losses of up to $5.5 billion in its electric vehicle (EV) and software operations for the current year. While the automaker reported a net profit of $1.8 billion in the fourth quarter, it highlighted difficulties in trimming costs for battery-powered models. CEO Jim Farley is aiming for more consistent results, amid US policy uncertainty, including potential tariffs. Although profitability is forecasted for 2025, it’s expected to be lower than in 2024, raising concerns about the overall financial trajectory of the company.
Ford is projecting up to $5.5 billion in losses for its electric vehicle and software operations in 2025, highlighting ongoing challenges in profitability.
Despite a net profit of $1.8 billion in the fourth quarter, Ford's future profitability remains uncertain due to potential tariffs impacting raw material costs.
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