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Ford Had Its Biggest Net Loss Since the Recession Due To EV Troubles (gizmodo.com)

submitted 2 weeks ago by spaghettiwestern@sh.itjust.works to c/economy@lemmy.world

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Auto giant Ford reported its worst quarterly earnings in four years on Tuesday, and a net loss of $8.2 billion for 2025, the largest yet since the 2008 recession.

At least some of that is due to the $4.8 billion that the company’s electric vehicle division lost in 2025.

The outlook is still looking bleak. Company executives said they expect to lose $4-4.5 billion more in 2026, and no expectation to breakeven until around 2029.

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[–] lemmyng@piefed.ca 25 points 2 weeks ago (1 children)

Well perhaps if they sold usable EVs, instead of an overpriced truck and an overpriced SUV/sports car hybrid they might have better sales. Otherwise it's just pissing in your lemonade and then complaining that no one comes to your stand.

[–] turdburglar@piefed.social 9 points 2 weeks ago

yeah i’ve been dreaming of a full bed electric for 10 years, but they just kept making these urban cowboy bullshits.

they coulda done so good going after the municipal and county fleet markets, but no, just frufru 4 door pickups.