Ford to lose $3 billion from EV sales to consumers this year
WEBMar 23, 2023 · New York CNN —. Ford (F) said it will lose $3 billion on its sales of electric vehicles to consumers this year, but it still expects to hit the profit targets it set for this year of...
Ford projects its EV division will lose $3 billion in 2023 after …
WEBNicholas Gordon. Fri, Mar 24, 2023, 4:37 AM 2 min read. In this article: GM. TSLA. Ford’s play for the electric vehicle market could end up being a very expensive bet. The car company said on...
Ford says EV unit losing billions, should be seen as startup
WEBMar 23, 2023 · By Tom Krisher. Published 4:23 PM PDT, March 23, 2023. DETROIT (AP) — 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 as the company invests heavily in the new technology.
Ford says EV unit will lose $3 billion this year, should be seen as ...
WEBMarch 23, 2023 / 8:59 AM EDT / AP. Ford Motor Co.'s electric vehicle business will lose about $3 billion this year, following on losses of $3 billion before taxes during the past two...
Ford forecasts electric vehicle division will lose $3bn this year
WEBMar 23, 2023 · Costs mount as US company pursues goal to make 2mn battery cars and trucks by end of 2026. Ford’s Mustang Mach-E electric vehicle. The company’s EV business, known as Model e, reported...
Ford expects EV business unit to lose $3B this year, hit …
WEBMar 23, 2023 · Ford Blue will approach $6 billion in profits, nearly double its 2022 earnings. And Model e, the EV and digital services unit, is forecast to lose $3 billion in 2023, a loss driven by a number of ...
Ford projects a $3B loss from its EV division in 2023 | Fortune
WEBMar 24, 2023 · Jeff Kowalsky—AFP/Getty Images. Ford’s play for the electric vehicle market could end up being a very expensive bet. The car company said on Thursday that its electric vehicle division, called...
Ford Says It Will Lose $3 Billion on EVs This Year as It Touts …
WEBMike Colias. Updated March 23, 2023 6:01 pm ET. Share. Resize. Listen. (2 min) Photo illustration: Josephine Chu. Ford Motor Co. expects to lose about $3 billion on its electric-vehicle...
Ford sees $3 billion pretax loss in its EV business this year
WEBMarch 23 (Reuters) - Ford Motor Co (F.N) expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the...
UPDATE 1-Ford sees $3 billion pretax loss in its EV business this …
WEBMar 23, 2023 · By Paul Lienert and Nathan Gomes. March 23 (Reuters) - Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax...
Skip to content