Ford expects coronavirus shutdown to cause $600 million quarterly loss [Yahoo! Finance News]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Yahoo! Finance News
FILE PHOTO: FILE PHOTO: The front grill logo of a Ford pickup truckBy Nick Carey and Rachit Vats) - Ford Motor Co said on Monday it expects to post a pre-tax loss of about $600 million for the first quarter as the coronavirus outbreak pummeled its sales and shuttered vehicle assembly plants, resulting in a 21% drop in vehicle sales to dealers versus the same quarter in 2019.The news sent Ford's shares down more than 5% in morning trading.Only Ford’s joint ventures in China, where the COVID-19 pandemic has been receding, are currently producing vehicles. The automaker said it is working on a scenario for a phased restart of its manufacturing plants beginning in the second quarter."However, we believe we have sufficient cash today to get us through at least the end of the third quarter with no incremental vehicle production and wholesales or financing actions," Chief Financial Officer Tim Stone said in a statement.Asked whether Ford would apply for loans from the U.S. government or the
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News
- Chris Auffenberg Announces Year-End Sales Event on 2025 Ford Models [Yahoo! Finance]Yahoo! Finance
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- Ford November sales reveal big EV decline and surprising SUV gains [USA TODAY]USA TODAY
- Ford CEO hails Trump fuel standards reset as a 'victory' for affordability and common sense [FOX Business Network]FOX Business Network
F
Earnings
- 10/23/25 - Beat
F
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- F's page on the SEC website