Tag Archives: Ford Motor Company

Ford Motor Posts Mixed Results for 2024

Posted on 5 February 2025 by Ken Zino

Ford Motor Company (NYSE: F) today posted Q4 full-year 2024 financial results. They were mixed from awful to okay. During 2024, Ford Blue’s revenue was flat at $101.9 billion as positive net pricing offset a 2% decline in wholesale vehicle transactions from what Ford said were the cancellation of low-margin products. The internal combustion engine segment at Ford S EBIT was $5.3 billion. Ford Model e reported a full-year EBIT loss of $5.1 billion. The electric vehicle e segment delivered $1.4 billion in cost improvements, net of a $100 million increase in spending to launch new battery plants and next-generation electric vehicles, Ford said. For full-year 2024, revenue climbed 5% to $185 billion; net income was $5.9 billion, and adjusted EBIT was $10.2 billion. For 2025 Ford is predicting a $2 billion profit drop! Bloomberg says that 27% of analysts have a sell recommendation, the highest on record.  Continue reading →

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Ford Bronco Recalls – Shocks and Batteries

Posted on 27 January 2025 by Ken Zino

Ford Motor Company (NYSE:F) is recalling 149,449 2021-2024 Bronco vehicles. The rear shock absorbers may corrode and fail, resulting in detachment of the external reservoir. Ford is also recalling a previous recall on 272,817 2021-2023 Bronco Sport and 2022-2023 Maverick vehicles. The 12-volt battery may experience degradation and suddenly fail. If the battery suddenly degrades during a drive it can lead to a vehicle that is unable to restart after an auto stop/start event or experience a stall while coming to a stop at low speed. Either of these conditions may be accompanied by a loss of 12-volt accessories, including hazard lights. Continue reading →

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ChargeScape Vehicle-Grid Integration JV Begins Operations

Posted on 18 September 2024 by Ken Zino

BMW, Ford and Honda have begun operation of their new joint venture ChargeScape today ChargeScape also appointed the first CEO and CTO. (Read AutoInformed.com on EV Grid Unlock – BMW, Ford, Honda Create ChargeScape) As more Americans switch to EVs, cheaper fueling costs have become top-of-mind for drivers, particularly while charging at home where 80% of EV charging occurs according to U.S. Department of Energy estimates. The nation’s power grids have come under increasing strain due to electricity demand from data centers and the intermittent nature of current renewable technologies.

“ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid, shoring up grid stability while saving drivers money on their charging, the companies – all of them global giants – said in a joint release. “ChargeScape’s technology wirelessly connects to electric vehicles and, working with participating utilities, manages the flow of electrons in line with real-time grid conditions, temporarily reducing demand when the grid is constrained through smart charging (V1G) and even sending energy back into the power grid when needed (V2G). EV drivers have the potential to be rewarded financially for their flexibility and always have their vehicle charged by the time they specify,” ChargeScape claimed ex ante. Continue reading →

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EV Grid Unlock – BMW, Ford, Honda Create ChargeScape

Posted on 12 September 2023 by Ken Zino

BMW Group, Ford Motor Company and American Honda Motor Company today announced that they have entered into an agreement to create ChargeScape, LLC, a new equally owned company that will create a single, platform connecting electric utilities, automakers and interested … Continue reading →

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Virtually All Unifor Members Authorize Big Three Strike

Posted on 28 August 2023 by Ken Zino

“Canadian autoworkers have sent a strong message to D3 automakers that they are united behind our bargaining committees in an effort to improve pensions, increase wages, and secure good, union jobs in the EV future,” said Unifor National President Lana Payne. Continue reading →

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Ford Motor Declares $0.15 Dividend for Q1 2020

Posted on 8 January 2020 by Ken Zino

Ford Motor reported on Monday that US vehicle sales declined during 2019 to 2.4 million or a drop of -3%. The middling performance in a strong market came as Tesla’s market valuation reached twice that of Ford Motor due to increasing sales. Continue reading →

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New Executives For Safety, AV, Strategy, and Ford Credit

Posted on 7 November 2019 by Ken Zino

Ford Motor Company has made public the retirement of two longtime executives, new assignments for two corporate officers, and promotions to senior positions for three people at the company. Continue reading →

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Volkswagen and Ford Announce Alliance Without Cross Equity

Posted on 15 January 2019 by Ken Zino

The history of such industry collaborations is difficult and littered with road kill. The problem is whether the two global giants and hundreds of thousands of workers can walk in step together or stumble over each other. Continue reading →

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Volvo Cars and Nvidia Deepen Ties

Posted on 31 October 2018 by Ken Zino

The agreement deepens the existing collaboration and partnership between Volvo Cars and NVIDIA. Last year, the companies started joint development of advanced systems and software for self-driving cars. Adding advanced 360-degree perception capabilities and a driver-monitoring system, the core computer will help Volvo Cars safely introduce fully autonomous cars. Continue reading →

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Volkswagen and Ford Alliance Under Study

Posted on 21 June 2018 by Ken Zino

Against this backdrop and with a possible shakeout as devastating as occurred more than a century ago as the automobile emerged, it’s not surprising that long established car companies are seeking collaborative agreements to share the risks, cut the cost of research, development and production and survive as an entity when taking an individual road appears one paved with doom. Continue reading →

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F-Series Supplier Fire – a Threat to Ford Motor Profitability

Posted on 10 May 2018 by Ken Zino

Ford accounts for less than a third of the volume of output from the affected Meridian plant, it said, but the F-Series is the foundation of the profitability of Ford in North America – a foundation that was already showing signs of cracks. (Failing Grade for Ford Motor Q1 Earnings, Failing Grade for Ford Motor Q1 Earnings) Ford claims that while the production shortage is expected to have an adverse impact on the company’s near term results, the company’s guidance of delivering an adjusted EPS in the range of $1.45 to $1.701 for the full year is unchanged. Continue reading →

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Ford Smart Mobility, Zotye Ink MOU on Chinese Ride Hailing

Posted on 8 May 2018 by Ken Zino

The Zotye-Ford mobility JV will provide ride-hailing fleet operators and drivers with all-electric vehicle leasing services, data-driven fleet management solutions, in-vehicle digital services, connectivity and vehicle customization. Ford Smart Mobility is a Ford Motor Company subsidiary formed to design, build, grow and invest in emerging mobility services. Continue reading →

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