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- Ford Motor Posts Q1 2026 Operating Net of $2.5B
- Penske Automotive Group Posts Q1 2026 Net of $234.5M
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- IIHS – Drivers More Likely To Use Phones While Speeding
- GM Posts $2.6B Q1Net on $46.3B Revenue. Ups Guidance
- NHRA Charlotte – Cobra Jet 2200 fastest EV in 1320 Feet
- Nissan Revises Full Fiscal-Year Profit Up to Loss of ¥550B
- Ford Motor Recalls for Brakes, Wheel Loss, Rollaways, Fires
- New Porsche Cayenne Coupé Electric Debuts in Beijing
- GM First U.S. Automaker at 100% Renewable Electricity
- McLaren to Run in 2027 World Endurance Championship
- Hybrids Rule New EU Car Registrations in March and Q1 2026
- VinFast Auto Posts March Sales of ~28,000 EVs
- Acura to Enter IndyCar. “Pause” IMSA GTP
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- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
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Ford EVs and Quality Damage First Half Net Income and EPS
Ford Motor (NYSE: F) posted disastrous financial results this week caused by its struggling electric vehicle business and the ongoing costs of large recalls on vehicles of its past. Ford posted Q2 2024 quarter revenue of $47.8 billion, net income of $1.8 billion and adjusted EBIT of $2.8 billion (see the accompanying results chart for Q2 and combined Q1 and Q2 numbers). Leaving aside the Ford spin on the financial results for the moment, the Dearborn based automaker is haunted by its past as well as current management practices sharing a precarious future with other once formidable global legacy automakers. Continue reading →