Ford’s electric car division is not getting up to speed.Image: keystone
Ford closed the last quarter with a heavy loss of $11.1 billion.
02/11/2026, 03:5102/11/2026, 03:51
The decisive factors were the restructuring of the highly loss-making electric car business, a fire at an aluminum supplier and US President Donald Trump’s import tariffs.
The loss does not come as a surprise: the US car giant had already announced a write-off of $19.5 billion on battery-powered vehicles. Ford closed the previous year’s quarter with a profit of $1.8 billion. Meanwhile, sales fell by five percent year-on-year to $45.9 billion.
At the division level, the picture was similar to that of previous quarters: the electric car division posted an operating loss of $1.2 billion. Meanwhile, cars with combustion engines brought Ford an operating profit of $727 million and the commercial vehicle division earned a good $1.2 billion on this basis.
After the success of Tesla, the major US car manufacturers General Motors, Ford and Stellantis invested billions to bring more electric cars into their model ranges. In the future, Ford wants to focus more on hybrid vehicles – and smaller models of electric cars. The all-electric version of the large F-150 pickup has been discontinued. (sda/dpa)