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EV charges cut Ford profits in Q3
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported better-than-expected quarterly profit and sales, but the stock lost more than 5% after hours Monday as investors focused on a $1.2 billion loss for the car maker’s EV business and a guidance tweak signaling lower profit for the year.
Ford’s Third-Quarter Profit Falls as EV Losses Persist
Ford Motor said its adjusted profit for the full year would come in at the low end of its guidance, disappointing investors after rivals General Motors and Tesla posted surprisingly strong results. The automaker has been struggling with deep losses on its electric-car business and higher warranty costs,
EV charges cut Ford profits in Q3 amid revenue gain
Ford Motor Co. said it previously had expected additional charges for canceling a three-row electric SUV program.
Ford adds EV routing to Google Maps
Ford adds EV routing to Google Maps for Android Auto users
Ford EVs can tell Google Maps their battery state of charge via Android Auto. Users will also be able to see Tesla Supercharger availability along the route.
Ford Launches EV Routing With Google Maps for Mustang Mach-E, F-150 Lightning Owners
Ford F-150 Lightning and Mustang Mach-E owners with Android smartphones can now enjoy easier long-distance travel thanks to a new EV routing feature developed with Google.
Mach-E and Ford EVs Now Have Better Navigation Routing
A new software began rolling out today to owners of Ford's F-150 Lightning and Mustang Mach-E electric models. It adds new EV routing in Google Maps, which finds EV charging stations along your route while monitoring battery usage,
justthenews
5h
Ford continues posting huge losses on its electric lines, while automakers reverse course on EVs
Across the board, many automakers envisioned that consumers would clamor to buy EVs and all the they had to do was build them.
12h
on MSN
Ford’s Midsize EV Pickup Is Hitting Its Cost Targets
Though one source said Ford will have the smallest EV pickup in the North American market, the Rivian R1T also slots into the “midsize” segment. The source said the midsize Ford EV truck will be ...
7h
on MSN
Ford CEO Jim Farley slammed for driving Chinese-made electric vehicle: ‘Slap in the face’
Ford CEO Jim Farley gushed about his car -- a Chinese-made electric vehicle that he had specially flown in from Shanghai.
4d
Ford CEO Has Been Driving a Xiaomi EV for 6 Months and ‘Doesn’t Want to Give It Up’
Ford CEO Jim Farley said in a recent podcast interview that he’s been driving an electric vehicle made by Chinese electronics ...
IJR
5d
Ford CEO Admits Driving Chinese EV After Receiving Billions From Taxpayers To Make Rival Cars Domestically
Ford CEO Jim Farley admitted to driving a Chinese-made electric vehicle (EV) on Monday despite his company previously ...
5h
The Market Overreacts, I Am Buying Ford's 17% Earnings Yield
Ford beat top line and EPS estimates, showing that Ford actually did pretty well in the third-quarter. Read why F stock is a ...
1d
Ford's Q3 revenue rises but the bottom line takes a hit from warranty, inflationary costs
Ford pointed to its Ford Pro (commercial products) business as a consistent bright spot for the company, which brought in ...
Post and Courier
2d
$1B EV writedown dents Ford's bottom line; Coach, Kors parents appeal legal ruling
DETROIT —
Ford
's third-quarter net profit fell nearly 26 percent as the company took $1 billion in accounting charges to ...
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