Ford Motor Company's Employee Pricing Initiative

Ford Motor Company is offering employee pricing to all Americans on almost all of its vehicles through June 2 as part of its 'From America, For America' program. President Donald Trump praised Ford for the initiative, highlighting the company's commitment to employing the most hourly workers in the country and assembling the most vehicles in the country.

Ford Motor Company's 'Handshake Deal for America'

Ford Motor Company is offering employee pricing to every American as part of their 'handshake deal for America,' providing significant savings on a wide range of vehicles until June 2. This initiative is in response to President Trump's announcement of tariffs on imported vehicles and parts.

Impact of President Trump's Tariff Threats on Auto Industry

Ford CEO Jim Farley warns that President Trump's tariff threats will have a devastating impact on the auto industry, leading to increased costs and chaos.

Ford Motor Company's Electric Vehicle and Software Business Performance

Ford Motor Company reported a $5.1 billion loss in its electric vehicle and software business for 2024, with expectations of more losses in 2025. Despite setbacks in the EV business, Ford's traditional gas-powered vehicles continue to perform well. CEO Jim Farley addressed concerns about potential tariffs on imports from Mexico and Canada by President Donald Trump. Ford plans to introduce new powertrain options to address challenges and compete in the market.

Auto Industry and Electric Vehicle Mandates

Auto executives from Ford, GM, and Stellantis are urging President-elect Donald Trump to maintain President Joe Biden's Electric Vehicle (EV) mandates despite the lack of profitability and potential job losses. The automakers have heavily invested in EVs but are struggling to make a profit, and fear being undercut by competitors if the mandates are scrapped.

Impact of Biden-Harris Administration's Electric Vehicle Efforts

Vice President Kamala Harris faces criticism for promoting electric vehicles as car industry shifts towards hybrid options, signaling setbacks for Biden-Harris administration's EV efforts. Ford pivots from all-electric SUV to hybrid models, impacting left-wing initiatives. Harris involved in Clean School Bus program aimed at transitioning to electric buses, facing backlash for comments on yellow school buses. Democrats push for EVs too quickly, facing industry skepticism and financial challenges.

Ford's Electric Vehicle Division Losses

Ford's EV division faced significant losses in the first quarter of 2024, with $1.3 billion lost and a further expected loss of $5 billion on the Model e by the end of the year. Sales plunged by 20%, revenue dropped by 84%, and research and development costs added to the losses. The company aims to make EV pricing cover production costs within the next 12 months.

Ford Motor Company's Electric Vehicle Losses in 2024

Ford Motor Company reported a $132,000 loss on each electric vehicle sold in the first three months of 2024, resulting in a $1.3 billion loss overall. The company saw a 20% decrease in sales volume and had to slash prices due to low consumer demand.

Ford's Cut in Hourly Workers Due to Slow Electric Vehicle Sales

Ford is cutting hourly workers at its factory due to slow sales of electric vehicles, with many consumers opting for hybrid vehicles instead. The article criticizes the company for prioritizing social justice over business decisions and highlights challenges with EV adoption among 'Normal People.'