From:Internet Info Agency 2026-02-11 06:05:02
Ford Motor Company released its first-quarter 2024 financial results, reporting profits significantly below expectations—the largest earnings miss in nearly four years. The company attributed the shortfall primarily to approximately $900 million in unexpected tariff costs, stemming from the delayed implementation of tax credit policies for certain automotive parts. Despite current pressures, Ford remains optimistic about its medium- to long-term outlook and anticipates a strong recovery by 2026, with adjusted EBIT (earnings before interest and taxes) projected to reach $8–10 billion.

Geely Recalls 92,658 Zeekr 007 and Zeekr X Over Hard-to-Identify Emergency Mechanical Release
Denza N8 Unveils All-New Smart Cockpit with 1.1-Meter Horizon Display and 30-Inch Mega Screen
29th Chengdu Auto Show Opens with New Models from Xiaomi, BYD, and More
Chery Unveils All-New Arrizo 7 Globally, Offering Hybrid and Gasoline Variants