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Ford Had Its Biggest Net Loss Since the Recession Due To EV Troubles (gizmodo.com)
submitted 4 days 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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[-] TheDemonBuer@lemmy.world 16 points 3 days ago

I think the customer has spoken.

Yeah, and they said: we don't want EVs that cost $70K+. I swear to god, if just ONE fucking car company had released a single, fucking electric pickup truck about the size and price of the Ford Maverick (or even a little smaller), a lot of people would have bought it.

Instead, Tesla released the six figure monstrosity that was the Cybertruck, Chevy released the 10,000 pound, $90,000 Silverado EV (and the even more expensive GMC Sierra EV), and Ford released the Lightning, which was large without the towing capacity and still cost $70K to $80K.

[-] jrwperformance@lemmy.world 4 points 3 days ago

I'm loving the EV Maverick idea.

[-] marduk@lemmy.sdf.org 2 points 3 days ago

I'm semi-interested in what Slate is doing but highly unenthused by its financial backer

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

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