Ford’s profit would be 50 percent higher without EVs

Ford’s profit would be 50 percent higher without EVs

by WorldTribune Staff, February 9, 2024 In 2023, Ford’s “Pro” business, which includes its sales to companies, made $7.2 billion of operating profit. Ford expects that number to rise to at least $8 billion in 2024. “The supersize Super Duty, which is mainly a professional product, is a key reason. It is also easier to […]

Ford’s price hike on electric pickup truck erases Inflation Reduction Act tax credit

Ford’s price hike on electric pickup truck erases Inflation Reduction Act tax credit

Analysis by WorldTribune Staff, August 21, 2022 Ford seems interested in going woke — but not going broke. The U.S. automaker announced that is raising the price on its electric F-150 Lightning pickups by as much as $8,500 — effectively canceling out the $7,500 federal EV tax credit included in the so-called Inflation Reduction Act. […]