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Ford CEO says tariffs could 'blow a hole' in US auto industry
Fox Business· 2025-02-11 21:35
Ford CEO Jim Farley said Tuesday that President Donald Trump's tariff push has so far brought "a lot of cost and a lot of chaos" to the auto industry despite the president's aims to help the industry. "President Trump has talked a lot about making our U.S. auto industry stronger, bringing more production here, more innovation to the U.S., and if this administration can achieve that, it would be one of the most signature accomplishments," Farley said at an analyst conference in Detroit."So far, what we're se ...
Ford Motor Company (F) Wolfe Research Auto, Auto Tech and Semiconductor Conference (Transcript)
Seeking Alpha· 2025-02-11 17:14
Ford Motor Company (NYSE:F) Wolfe Research Auto, Auto Tech and Semiconductor Conference February 11, 2025 8:45 AM ET Company Participants Jim Farley - CEO Sherry House - CFO Conference Call Participants Emmanuel Rosner - Wolfe Research Emmanuel Rosner Good morning, everybody again. And thank you so much for being here for the Wolfe Autos and Auto Tech Conference. I'm excited to kick off this year's Wolfe Autos Conference with the Ford Motor Company, an American icon with highly regarded portfolio of brands ...
开了半年小米SU7,福特CEO怎么评价
汽车商业评论· 2025-02-11 16:58
撰 文 / 张霖郁 设 计 / 赵昊然 福特2024年的财务数字比上一年稍好。 美国当地时间2025年2月5日,福特公布了2024年四季度以及全年财报。 福特2024年总收入为1850亿美元,同比增长5%;净利润为59亿美元(按Non-GAAP非通用会计准则 计算,为102亿美元),同比增长1.5%,如果按非通用会计准则计算,同比下降0.2%。 福特目前主要分三块业务,一是Ford Blue,这一块是燃油车;第二是Ford Model e,新能源车;第 三是Ford Pro,商用车。 整体来说,商用车最赚钱,息税前净利润率为13.5%,其次是燃油车业务,息税前净利润率为 5.2%,而新能源业务完全亏损,2024年,福特新能源业务亏损超过50亿美元。 财报发布第二天,福特同时宣布了一系列高层任命。 财报会上,分析师问及福特如何增强全球竞争力以及击败小米SU7? 福特CEO法利(Jim Farley)回答,第一是降本,这个是绝对使命;第二是推出便宜车型,让更多 人买得起新能源车,第三是确保多种动力形式,这是福特的重要原则,他们打算做增程,顺应客户 的需求。他们之前投资混合动力,被证明是一个好的决定;最后一点,是通 ...
This Stock Has A 6.49% Yield And Sells For Less Than Book
Forbes· 2025-02-11 16:41
Ford Motor has been named as a Top 10 dividend stock, according the most recent Dividend Channel '’DividendRank'' report. The report noted that among the coverage universe, F shares displayed both attractive valuation metrics and strong profitability metrics. For example, the recent F share price of $9.24 represents a price-to-book ratio of 0.8 and an annual dividend yield of 6.49% — by comparison, the average company in Dividend Channel's coverage universe yields 4.3% and trades at a price-to-book ratio of ...
Ford CEO says Trump's tariffs are causing 'chaos' in auto industry
CNBC· 2025-02-11 15:03
Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.DETROIT — President Donald Trump's tariffs, both implemented and just threatened, are causing "chaos" for the U.S. automotive industry, according to Ford Motor CEO Jim Farley.The chief executive of America's second largest automaker described 25% tariffs on steel and aluminum, as well as threatened levies of the same amount on Mexico and Canada as adding "a lot of cost and a lot ...
Ford: Why I Am Buying The New 1-Year Lows
Seeking Alpha· 2025-02-10 19:50
Ford Motor Company (NYSE: F ) beat both top and bottom line estimates for its most recent quarter, but the automaker’s expectation of continually high EV losses in FY 2025 caused Ford’s shares to slide 7% on Thursday. Last week, Ford’s sharesAnalyst’s Disclosure: I/we have a beneficial long position in the shares of F, GM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin ...
Should You Avoid Ford Stock After Wall Street Cuts Earnings View?
ZACKS· 2025-02-10 15:12
Core Viewpoint - Ford's fourth-quarter 2024 earnings exceeded estimates, but the stock has declined due to weak guidance and ongoing challenges in the electric vehicle (EV) sector [1][20]. Financial Performance - Ford's EPS and revenues rose year over year, but the stock has lost approximately 19% in 2024, contrasting with a 19% growth in the industry [3][20]. - The Zacks Consensus Estimate for 2025 and 2026 EPS has decreased by 5 cents and 3 cents, respectively, indicating bearish sentiment among analysts [2]. Segment Analysis - The Ford Pro unit showed resilience, with revenues increasing by 15% to $67 billion in 2024, and EBIT rising from $7.2 billion to $9 billion, achieving a margin of 13.5% [5][6]. - The demand for Super Duty trucks and Transit vans remains strong, with software subscriptions growing by 27% year over year to nearly 650,000 [6]. - The Model e segment, focused on EVs, reported a loss of $5.07 billion in 2024, widening from $4.7 billion in 2023, with a projected loss of $5-5.5 billion for the current year [11][12]. Cost Management - Ford has reduced net costs by $500 million in the second half of 2024 and identified $1 billion in product design cost reductions for 2025 [9]. - Despite these efforts, the overall profitability outlook remains muted, with expected adjusted EBIT for 2025 ranging from $7 billion to $8.5 billion, down from $10.2 billion in 2024 [15]. Market Position and Challenges - Ford's dividend yield exceeds 6%, with a commitment to distribute 40-50% of free cash flow, providing some buffer against stock volatility [7]. - The Ford Blue division anticipates a decline in EBIT from $5.3 billion in 2024 to between $3.5 billion and $4 billion in 2025 due to lower sales of internal combustion engine (ICE) vehicles [13]. - The company faces potential risks from trade policies, particularly the possibility of tariffs on imports from Mexico and Canada, which could increase costs and disrupt supply chains [17]. Future Outlook - The first quarter of 2025 is expected to be particularly challenging, with adjusted EBIT projected to be breakeven, a significant drop from previous quarters [14]. - The overall guidance for 2025 indicates a decline in automotive sales and EPS by 2% and 12%, respectively, year over year [21].
Ford expecting mounting EV losses this year
Fox Business· 2025-02-07 19:01
Ford Motor Co. announced its fourth-quarter earnings this week, and while they came in above expectations, the Detroit automaker signaled the losses in its electric vehicle (EV) division are projected to continue this year. Ford reported that its EV division, known as Model e, lost $5.1 billion in 2024. In its full-year outlook for 2025, Ford said that it expects adjusted earnings before interest and taxes (EBIT) of $7 billion to $8.5 billion, with free cash flows between $3.5 billion and $4.5 billion and c ...
OHC - Ford government's primary care announcement plays politics with people's need for a family doctor: It's a primary care “plan” to implement a plan delayed until the cusp of an election
GlobeNewswire News Room· 2025-02-07 17:44
TORONTO, Feb. 07, 2025 (GLOBE NEWSWIRE) -- No matter how anyone tries to spin the numbers, the actual data from sources not tainted by politics, show that more than a million Ontarians have lost their family doctor since before the Ford government was elected, reports the Ontario Health Coalition. In 2016, before the Ford government was elected 1.3 million Ontarians did not have a family doctor, according to data from Statistics Canada. By July 2024, there were 2.5 million Ontarians without a family doctor, ...
Ford's Cost Reductions And Transition In Focus, Analysts Trim Forecasts Amid Lackluster 2025 Guidance
Benzinga· 2025-02-06 18:55
Ford Motor Co F reported fourth-quarter FY24 earnings results yesterday. The following are the comments from various analysts on the company’s performance.Goldman Sachs analyst Mark Delaney reiterated a Buy rating on the shares and maintained a price forecast of $11.00.Ford reported fourth-quarter 2024 revenue and adjusted earnings per share of $48.2 billion and $0.39, respectively, surpassing the Street’s (FactSet) estimates of $47.4 billion and $0.34, as well as Goldman Sachs’ predictions of $43.9 billion ...