UPDATE 2-Ford posts $2 bln first-quarter loss due to coronavirus [Reuters]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Reuters
Ford posts $2 billion first-quarter loss due to coronavirus DETROIT (Reuters) - Ford Motor Co ( F.N ) on Tuesday posted a $2 billion first-quarter loss due to the impact of the coronavirus pandemic and said it expected its loss in the second quarter to more than double as it weathers a shutdown of its North American plants. “We believe the company’s cash is sufficient to take us through the end of the year, even with no additional vehicle wholesales or financing actions,” Chief Financial Officer Tim Stone said in a statement. Ford had preannounced the pandemic-fueled loss earlier this month. That warning came the same day the Dearborn, Michigan-based company raised $8 billion from corporate debt investors. Last month, Ford moved to hoard cash on its balance sheet, drawing down $15.4 billion from two credit lines and suspending its dividend, in a move to bolster reserves to ride out damage to its business. It also abandoned its 2020 financial forecast. Virtually all U.S. automotive p
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News
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- Ford November sales reveal big EV decline and surprising SUV gains [USA TODAY]USA TODAY
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- Trump says he will roll back fuel efficiency standards for vehicles [MSNBC.com]MSNBC.com
- Trump rolls back Biden-era fuel economy standards, paving way for more gas-powered cars [Yahoo! Finance Canada]Yahoo! Finance Canada
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Earnings
- 10/23/25 - Beat
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Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- F's page on the SEC website