Ford Layoffs a Sign of Its Crippled EV Business
Ford is laying off workers because of slow electric vehicle sales. It is a retreat while other manufacturers are upping their EV game.
Ford is laying off workers because of slow electric vehicle sales. It is a retreat while other manufacturers are upping their EV game.
Rivian (NASDAQ: RIVN | RIVN Price Prediction) shares are down just over 85% in the last five years. The S&P 500 is up over 40% in the same period. Rivian shares trade…
Electric vehicle (EV) maker Rivian Automotive (NASDAQ:RIVN | RIVN Price Prediction) has endured a rollercoaster ride since its 2021 debut. From supply chain snarls and production delays to fierce competition from established…
The first wave of Ford’s new marketing campaign has little to say about the company’s recent past and its likely future. It fails to show off Ford's successes.
The same day Ford issued yet another recall, it announced a new global marketing campaign. There goes tens of millions more dollars poorly spent.
A recent analysis indicates that the electric vehicle share of the U.S. new car market will fall to 4% next year. If so, smaller EV makers will die off quickly.
The latest Ford recall covers almost 1.5 million vehicles. The legacy automaker has had a record number of recalls this year.
Cutbacks in vehicle emissions regulations may add billions of dollars to the bottom line of Ford and offset the billions invested in making electric vehicles.
Ford EV sales have dropped to less than 4% of total unit sales. The Detroit automaker is grasping for an EV future that may never arrive.
In the first half of this year, China’s EV giant BYD made $2.1 billion on revenue of $52 billion. The net income was up 14% from the previous year. The numbers demonstrate…
Ford has issued its 105th recall for 2025, an unprecedented number. Perhaps it is time for new management.
A recent analysis reveals that Ford lags its rivals in monetizing its software. Few legacy automakers are positioned to compete with Tesla.
Tesla is valued at 24 times more than Ford. The difference shows Ford’s lack of a future as much as Tesla’s expected success.
A reverse stock split signals how much trouble Lucid is in. And the EV maker’s problems continue to worsen.
Does Ford have enough cash to keep paying its rich dividend? The automaker faces several major headwinds.