this post was submitted on 11 Feb 2026
71 points (100.0% liked)

Economy

2676 readers
75 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago
MODERATORS
sv1sjp@lemmy.world
71
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
17 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] Tikiporch@lemmy.world 16 points 2 weeks ago

Self-own. They helped elect the president who revoked the EV tax credit.