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- Large European Job Cuts Coming at Ford, Again
- Lexus, Honda Top 2025 U.S. ALG Residual Values
- Pablo Di Si Out at VW Group of America
- DOJ – Cruise Deferred Prosecution for Pedestrian Crash
- Toyota Huntsville Finishes 168-acre Solar Array
- October Global Light Vehicle Sales Rate at 93 Million
- On Sale? New Vehicle Incentives Rise in October
- Vast Executive Reorganization at Hyundai Group
- National Recycling Plan Advancing Circular Economy
- First Look New 2025 Acura ADX Compact SUV
- Chinese EV Trade Wars Hits Volvo Cars
- NHTSA Fines Ford $165M for Flouting Recall Law
- NLRB Rules Against Anti-Union Captive-Audience Meetings
- GM Recall for Wheel Lockup on Diesel Pickups and SUVs
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- NHTSA Fines Ford $165M for Flouting Recall Law | AutoInformed on Ford Recalls Defective Rear-view Cameras on 620,246 Vehicles
- Alfa Romeo Returns to Formula 1 in 2018 via Sauber on Alfa Romeo Returns to Formula 1 in 2018 via Sauber
- American Airlines and JetBlue Alliance Blocked | AutoInformed on Justice Sues to Block JetBlue’s Purchase of Spirit Airlines
- UAW President Shawn Fain on 2024 Presidential Election on Donald Trump is a Scab – UAW Endorses President Biden
- Toyota Motor FY2025 Q2 Earnings Down Significantly | AutoInformed on More Toyota Certification Problems Emerge from MLIT Probe
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Ford Motor New Financial Reporting – Billions in EV Losses
Part of today’s presentation showed Ford’s nascent electric vehicle venture – Ford Model e – lost $3 billion before taxes during 2021 and 2022. More such losses are coming in the near term. Helping stem the tide of red ink, Ford Blue – its traditional internal combustion business – is forecast to post a $7 billion pretax profit in 2023, marginally better than last year. Ford Pro is forecast to earn $6 billion before taxes, almost double 2022 earnings. Other business units include corporate, Ford Credit and Ford Next, dubbed a new business incubator. Continue reading →