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.