Showing posts with label FORD Motor. Show all posts
Showing posts with label FORD Motor. Show all posts

Saturday, November 2, 2024

Ford Motor F-150 Lightning EV pick-em-up-truck sales are a JOKE, and the mainstream media propaganda stories don't tell you that, if they cover the story at all

  Ford sold 7,162 units of the Lightning in Q3 2024, up from the 3,503 units in Q3 of last year. ... Year-to-date, Ford sold 22,807 F-150 Lightning EVs. ... 

[22,807 units lol. Ford sold nearly 751,000 F-series pick up trucks in 2023, so that's like 3% of the 2023 total]



Overall, Ford’s all-electric vehicle sales in the third quarter of this year amounted to 23,509 units, up 12.2% from last year’s 20,962 vehicles. Year-to-date, Ford sold 67,689 EVs, up 45% compared to last year’s 46,671 units. ...

Ford sold 432,429 combustion-powered vehicles in the third quarter, down 2.8% year-over-year, and 1,340,139 units year-to-date, down 1.8% year-over-year.

Reported here

That means year-to-date total EV sales are just 5.05% of total combustion-powered vehicle sales year to date.

People aren't buying these dogs.

None of these stories mention these facts.

CBS: Ford to pause production of F-150 Lightning electric pickup trucks

CNBC: Ford to halt production of electric F-150 Lightning next month until January

MarketWatch: Ford to Pause Production of F-150 Lightning EV Pickup Trucks

Reuters, to it's credit actually reported some actual numbers: Ford to halt production of F-150 Lightning EV pickup trucks for six weeks :

Ford said this month its Ford-brand U.S. EV sales are up 45% this year and sales of F-150 Lightning more than doubled to 7,100 in the three months ending Sept. 30 - thought [sic] they still represent just 3.6% of all F-Series pickup sales.     

If Ford is smart it will abandon this boondoggle which is going to cost it $5 billion plus in 2024 and even more going forward and just stick with hybrids and hope Donald Trump fixes this mess.

Monday, October 28, 2024

Ford Motor loses $1.22 billion on electric vehicles in 3Q

 Ford’s “Model e” electric vehicle unit recorded losses of $1.22 billion during the third quarter — less than it lost a year earlier, largely due to lower volumes and cost cuts.

Ford CEO Jim Farley told investors Monday that the company continues to believe in its EV strategy; however, the automaker has pulled back on many investments in the vehicles to focus on hybrid models.

More.

Thursday, October 3, 2024

Ford Motor sells 1.5+ million vehicles year to date, 67,689 of them EVs . . . 4.5% of the total 😂


 

The third-quarter results for Ford contributed to a 45% increase in EV sales this year through September to 67,689 units. That compares with GM on Tuesday reporting EV sales of 70,450 units through September, including a roughly 60% year-over-year rise during the third quarter. ...

Ford’s U.S. sales this year through the third quarter were up 2.7% compared with a year earlier to more than 1.5 million vehicles sold. 

More.

EVs represent just 4.9% of GM's 1.95 million vehicles sold year to date.

Meanwhile the top selling vehicles of 2023 were pick'em up trucks. The Ford F-series was numero uno at 750,789 units, followed by the Chevy Silverado at 543,780 units.

CNBC's enthusiasm for the tiny EV component competition between the big two, separated by 2,761 EV units, is . . . comical.

Thursday, July 18, 2024

Biggest news of the day: Ford Motor bets Trump will win, scraps $1.3 billion investment in Canadian EV HUB, plans $3 billion Super Duty gasoline and diesel engine truck plant instead lol

 


 

 Ford to spend $3 billion to expand large truck production to a plant previously set for EVs

UBS’ Joseph Spak was among the analysts to applaud the additional investment in the highly profitable Super Duty models compared to money-losing EVs amid slower-than-expected adoption of electric cars and trucks.

“We believe this shows management’s confidence in more sustainable demand for Ford Pro vehicles,” he said Thursday in an investor note. “The [internal combustion engine] investment over EV investment should be viewed positively.”

Ford had previously announced plans to invest $1.3 billion into the Canadian plant for EV production. Those plans included a new three-row SUV, which the company recently delayed until 2027.

The announcement comes weeks after Farley said full electrification of “big, huge, enormous” vehicles such as Ford’s Super Duty trucks was “never going to make money.”

 

Friday, April 26, 2024

Ford Lightning review by Scotty Kilmer: Not Suitable For Towing on a trip, takes 3 days to charge at home, range plummets when cold, battery exposed to the elements will corrode, yada, yada, yada

 But it comes with a Frunk!



Ford lost $132k on each EV: Joe Biden mandating electric vehicles will simply bankrupt the car companies and require huge future bailouts

 


Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall.

Ford, like most automakers, has announced plans to shift from traditional gas-powered vehicles to EVs in coming years. But it is the only traditional automaker to break out results of its retail EV sales. And the results it reported Wednesday show another sign of the profit pressures on the EV business at Ford and other automakers. ... And that means this is not the end of the losses in the unit - Ford said it expects Model e will have EBIT losses of $5 billion for the full year.

More

Ford really, really, really doesn't want to go down that path lol, or that other one.

I mean, who wants to be the butt of every truck joke when electric ones literally can't pull their weight, giving new meaning to Found On Road Dead?