"Customers have shown that they will not pay any premium for these large EVs," Farley said in an earnings call.
Ford doesn't think battery-electric powertrains in its full-size trucks and SUVs make sense moving forward.CEO Jim Farley ...
Three years after launching the all-electric F-150 Lightning, Ford CEO Jim Farley has acknowledged the limitations of electric trucks, particularly when it comes to towing and long-distance hauling.
“For larger retail, electric utilities, the economics are unresolvable,” Farley said. “These customers have very demanding ...
Ford is the first major automaker to report earnings since Trump signed an executive order stating that the U.S. would impose ...
Ford CEO Jim Farley has a question about President Donald Trump's threatened tariffs on imports from Mexico, Canada, and ...
For the full year of 2024, Ford posted a net income of $5.9 billion on adjusted earnings of $10.2 billion. Its electric ...
Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...
Ford said on Wednesday the president of its gasoline vehicles business, Andrew Frick, would take on the additional role of ...
Given the outlay required to bring the Mach-E and Lightning to market as well as these vehicles’ less-than-stellar sales, profitability in the electric market is going to be tough for the automaker.
BlueOval Battery Park in Marshall is on track to be operational by early 2026, according to Ford Motor Company.
After announcing its electric vehicle business lost over $5 billion in 2024, Ford could face even more headwinds this ...