Xin Lang Cai Jing·2026-02-12 07:27Core Insights - Ford Motor Company reported its largest annual loss since 2008, with a net loss of approximately $8.18 billion for the fiscal year 2025, a significant decline from a net profit of $5.88 billion in 2024 [1][1][1] - Despite achieving record annual revenue of about $187.3 billion in 2025, marking five consecutive years of revenue growth, the company's adjusted EBIT fell to $6.8 billion, down from $10.2 billion in 2024, indicating ongoing pressure on profit margins [1][1][1] - In a notable shift in the global automotive landscape, Ford's global sales were surpassed by Chinese automaker BYD for the first time, with BYD achieving approximately 4.6 million units sold compared to Ford's less than 4.4 million units [1][1][1] Financial Performance - Ford's total revenue for fiscal year 2025 reached approximately $187.3 billion, showing a slight increase from the previous year [1] - The company experienced a net loss of about $8.18 billion, contrasting sharply with the previous year's net profit of $5.88 billion [1] - Adjusted EBIT for 2025 was reported at $6.8 billion, a decrease from $10.2 billion in 2024, highlighting ongoing challenges in maintaining profitability [1] Market Position - Ford's global sales were overtaken by BYD, marking a significant milestone in the competitive landscape of the automotive industry [1] - BYD's global sales reached approximately 4.6 million units, while Ford's sales were reported at less than 4.4 million units [1] - This shift reflects the competitive advantages of Chinese automakers in terms of electrification and cost-effectiveness [1]