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FORD MOTOR (F)

Ford Motor Company is a global automotive leader, operating through three main customer-centered business segments: Ford Blue, Ford Model e, and Ford Pro. The company is renowned for engineering iconic gas-powered, hybrid, and electric vehicles, as well as providing comprehensive services and software for commercial customers . Additionally, Ford offers financial services through Ford Motor Credit Company, enhancing customer loyalty and generating new revenue streams .

  1. Ford Blue - Engineers iconic gas-powered and hybrid vehicles, significantly contributing to the company's revenue and profitability .
  2. Ford Pro - Serves commercial customers with a comprehensive suite of vehicles, services, and software, achieving substantial growth in revenue and profitability .
  3. Ford Model e - Develops breakthrough electric vehicles (EVs) and related software, establishing itself as a leading EV brand in the U.S. with increasing shipments and sales .
  4. Ford Motor Credit Company - Provides financial services that support customer loyalty and create new revenue streams .

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NamePositionExternal RolesShort Bio

William Clay Ford, Jr.

ExecutiveBoard

Executive Chair and Chair of the Board

Vice Chair of the Detroit Lions, Inc.; Board Member of The Henry Ford and Business Leaders for Michigan

Long-serving leader at Ford, recognized for advancing sustainability, mobility, and electrification initiatives. Director since 1988.

Andrew Frick

Executive

Vice President, Sales, Distribution & Trucks, Ford Blue

None

Oversees sales and distribution for Ford Blue.

Ashwani Kumar Galhotra

Executive

Chief Operating Officer (COO)

None

Oversees Ford's global industrial system, supporting Ford Blue, Ford Model e, and Ford Pro. Former President of Ford Blue.

J. Doug Field

Executive

Chief EV, Digital, and Design Officer

None

Leads EV and digital initiatives. Former VP at Apple and SVP at Tesla.

Jennifer Waldo

Executive

Chief People and Employee Experience Officer

None

Former VP at Apple and CHRO at GE Digital. Leads HR and employee experience at Ford.

John Lawler

Executive

Vice Chair

None

Former CFO of Ford, now focusing on strategy, partnerships, and corporate development. Over 30 years at Ford.

Kay Hart

Executive

General Manager, Ford Model e

None

Former leader of Ford's International Markets Group. Key contributor to Mustang Mach-E and F-150 Lightning launches.

Marin Gjaja

Executive

Chief Strategy Officer

None

Former Chief Customer Officer for Ford Model e. Key contributor to the Ford+ growth plan.

Mark Kosman

Executive

Chief Accounting Officer (CAO)

None

Longtime Ford employee. Led global accounting and ERP system development before becoming CAO.

Michael Amend

Executive

Chief Enterprise Technology Officer

None

Leads Ford's enterprise technology strategy. Former President of Online at Lowe’s and EVP at JCPenney.

Shengpo ("Sam") Wu

Executive

President and CEO, Ford China

None

Leads Ford China and International Markets Group. Former EVP at Whirlpool Asia.

View Report →

Sherry House

Executive

Chief Financial Officer (CFO)

None

Former CFO at Lucid Motors and Treasurer at Waymo. Brings expertise in EVs and financial strategy.

Steven P. Croley

Executive

Chief Policy Officer and General Counsel

None

Former General Counsel for the U.S. Department of Energy. Joined Ford to lead legal and policy matters.

Adriana Cisneros

Board

Director

CEO of Cisneros Group; Director at Mattel Inc. and AST Spacemobile Inc.; Trustee of Knight Foundation

Media and digital advertising expert. Brings insights into modernizing family-led businesses.

Alexandra Ford English

Board

Director

None

Ford family member. Former Director of Corporate Strategy and Global Brand Merchandising at Ford.

Beth E. Mooney

Board

Director

Director at Accenture plc and AT&T Inc.; Chair of Cleveland Clinic Board

Former CEO of KeyCorp. Provides financial and risk management expertise.

Henry Ford III

Board

Director

Advisory roles at Henry Ford College, Bridging Communities, and others.

Ford family member. Former Director of Investor Relations at Ford.

John B. Veihmeyer

Board

Director

Vice Chair of University of Notre Dame Board; Chair of LPGA Board; Trustee of Financial Accounting Foundation

Former Chairman of KPMG International. Provides accounting and governance expertise.

John C. May

Board

Director

Chairman and CEO of Deere & Company

Brings expertise in global operations, IT, and manufacturing.

John L. Thornton

Board

Lead Independent Director

Chairman of Barrick Gold Corporation; Non-Executive Chairman of PineBridge Investments; Chairman of RedBird Capital Partners

Brings extensive international business and financial expertise, particularly in China.

John S. Weinberg

Board

Director

CEO and Chairman of Evercore Inc.; Board Member at New York-Presbyterian Hospital and Cystic Fibrosis Foundation

Former Vice Chairman at Goldman Sachs. Brings expertise in finance and capital markets.

Lynn Vojvodich Radakovich

Board

Director

Director at Booking Holdings Inc. and Dell Technologies Inc.

Former EVP and CMO at Salesforce. Brings expertise in digital transformation and marketing.

William E. Kennard

Board

Director

Director at AT&T Inc. and MetLife, Inc.; Trustee at Yale University

Former FCC Chairman and U.S. Ambassador to the EU. Brings expertise in public policy and technology.

William W. Helman IV

Board

Director

General Partner at Greylock Partners; Board Member at Vornado Realty Trust; Founder of Equal Opportunity Ventures

Venture capital expert. Provides insights into technology investments and innovation.

  1. Despite higher earnings, Ford's capital base has expanded such that returns haven't improved. How are you addressing the trajectory of structural costs, and what steps are you taking to improve returns on capital?
  2. With many traditional automakers investing billions in R&D to achieve affordable EVs at scale, why isn't Ford pursuing more partnerships to share costs and risks, especially given your focus on capital efficiency?
  3. Given the significant investment to add 100,000 units of Super Duty capacity in Canada, how confident are you that demand will sustain these high levels, and can you elaborate on the incremental margins and expected payback period for this investment?
  4. Ford Model e generated a loss of $1.1 billion in the quarter, and you are forecasting a full-year loss of $5 billion to $5.5 billion due to pricing pressures and investments. What specific actions are you taking to turn around Model e, and when do you anticipate reaching profitability in this segment?
  5. Considering that Ford's stock ranks near the bottom of the S&P on P/E ratio and the market hasn't reflected the company's transformation, why does the Board refuse to authorize a share buyback, and do you genuinely believe there are better uses of capital than returning it to shareholders?
Program DetailsProgram 1
Approval DateDecember 2023
End Date/DurationN/A
Total additional amount53 million shares
Remaining authorization30,270,000 shares
DetailsOffset the dilutive effect of share-based compensation expected to be granted during 2024
NameStart DateEnd DateReason for Change
PricewaterhouseCoopers LLP1946 PresentCurrent auditor

Notable M&A activity and strategic investments in the past 3 years.

CompanyYearDetails

Auto Motive Power (AMP)

2023

Ford Motor Company acquired AMP on November 1, 2023; AMP is a California-based startup focused on electric vehicle charging solutions, and Ford acquired its goodwill and technology assets, which did not have a material impact on its financial statements.

Recent press releases and 8-K filings for F.

Ford provides FY2025 guidance and discusses strategic initiatives
F
Guidance Update
New Projects/Investments
Product Launch
  • Ford’s underlying EBIT was on pace for $8–8.5 billion prior to the Novelis supplier fire, which will impose a $1.5–2 billion headwind in Q4, leading to full-year guidance of $6–6.5 billion EBIT net of that impact.
  • Tariffs created a $2 billion headwind in 2025, of which Ford offset $1 billion via pricing and mix; the company will bake a $2 billion tariff cost into its 2026 plan as a base business expense.
  • Ford Pro remains #1 in North America and Europe, outselling its two closest commercial-vehicle competitors combined 2:1, with dealers investing over $2 billion in dedicated service capacity and 818,000 paid Ford Pro Intelligence subscribers, whose parts attach rate is 20 points higher.
  • Ford’s new universal EV (UEV) platform debuts at Louisville Assembly in 2026, featuring 20 % fewer parts, 25 % fewer fasteners, and 15 % faster line speed; the first model is a small electric pickup targeted at $30,000.
8 hours ago
Ford outlines 2025 guidance and strategic initiatives at Scotiabank conference
F
Guidance Update
New Projects/Investments
Product Launch
  • Ford reported strong underlying results and reiterated its full-year EBIT outlook of $6–6.5 billion net of a $1.5–2 billion Q4 impact from the Novelis fire, versus an original $8–8.5 billion run-rate pre-fire.
  • Tariffs created a $2 billion headwind in 2025, of which Ford offset $1 billion via pricing, mix, and cost actions, and will incorporate the remaining tariff cost into its 2026 base plan.
  • The Ford Pro commercial unit holds over 40% market share across fleet channels, with 818,000 paid subscribers for Ford Pro Intelligence and more than $2 billion invested by dealers in dedicated service capacity.
  • Ford unveiled its Universal EV (UEV) platform, launching in Louisville, KY in 2026, designed for 20% fewer parts, 25% fewer fasteners, 15% higher assembly speed, and underpinning a $30,000 small electric pickup.
  • Ford confirmed its return to Formula 1 from the 2026 season via a Red Bull partnership to drive EV technology transfer, brand engagement, and engineering talent recruitment.
8 hours ago
Ford outlines 2025 outlook and strategic investments at Scotiabank conference
F
Guidance Update
Product Launch
New Projects/Investments
  • Ford sees underlying 2025 EBIT of $8.0 B–$8.5 B, but expects a $1.5 B–2.0 B Q4 headwind from a Novelis supplier fire, guiding net FY25 EBIT to $6.0 B–6.5 B.
  • Tariffs will impose a $2.0 B annual headwind in 2026+, with $1.0 B already offset in 2025 via pricing, mix, and cost improvements; Ford now treats tariffs as a base cost.
  • Ford Pro commercial unit boasts 818,000 Ford Pro Intelligence subscriptions, has invested $2 B in dealer service capacity, and deployed 5,000 mobile service vans, supporting over 40% share in North American fleet channels.
  • Ford Blue ICE/hybrid portfolio drives passion vehicles—F-150 hybrid mix has doubled YTD—and extends F-Series leadership to nearly 60 years in Canada and growing share in the U.S..
  • The new Universal Electric Vehicle platform, launching in Louisville in 2026, reduces parts by 20%, fasteners by 25%, and speeds assembly by 15%, underpinning a small EV pickup priced from $30,000.
9 hours ago
Ford launches certified pre-owned vehicle sales on Amazon
F
Product Launch
  • Ford partners with Amazon to sell certified pre-owned Ford Blue Advantage vehicles online in Los Angeles, Seattle, and Dallas, featuring rigorous inspections, manufacturer-backed limited warranties, and a 14-day/1,000-mile money-back guarantee.
  • Customers can browse, finance, and schedule pickups entirely online, with final signature and vehicle collection at participating dealerships.
  • Over 160 Ford dealers have expressed interest and 20 are actively selling through the platform, with plans to expand to additional markets in the coming months.
  • CEO Jim Farley noted that Tesla’s direct-to-consumer model’s cost advantage has driven Ford to bolster its online sales strategy, especially for electric vehicles.
1 day ago
Ionic Rare Earths to Present at Australian Rare Earths & Critical Minerals Conference
F
New Projects/Investments
  • Tim Harrison, Managing Director and CEO of Ionic Rare Earths, will present live at the Australian Rare Earths & Critical Minerals Virtual Investor Conference on November 19, 2025.
  • Presentation is scheduled for 1:00 PM ET, with an archived webcast available; one-on-one meetings can be scheduled November 19–24.
  • Recent company highlights include an MOU with US Strategic Metals for magnet recycling in Missouri, UK recycling partnerships with Ford, Bentley and Wrightbus under the CirculaREEconomy initiative, and a Brazilian JV with Viridis backed by government funding.
  • Ionic Rare Earths is also planning a US expansion of its magnet recycling and heavy rare earth refinery to bolster Western supply chains.
1 day ago
Ford Motor renews aftermarket contract amid Syncron’s North American expansion
F
Management Change
New Projects/Investments
  • Syncron appoints US-based CEO Josh Weiss, CFO Risa Sparks, and VP of Sales North America Mark Dabe to drive its regional growth strategy.
  • Secured key North American deals: Ford contract renewal for global Retail Inventory Management via Syncron Dealer Parts Planning; new partnership with an emerging EV disruptor on Syncron Warranty; agreement with a global off-road and recreational vehicles leader.
  • Awarded the IDC CX CSAT Award for exceptional customer satisfaction in the Aftermarket Service Operations category.
  • Published its research report “The State of the Aftermarket 2025”, highlighting rising aftermarket investment and the need to integrate disconnected service functions amid economic headwinds.
6 days ago
Martinrea reports Q3 2025 results and dividend
F
Earnings
Dividends
Guidance Update
  • Generated $1,190.8 million in Q3 sales, with net diluted EPS of $0.49 and Adjusted EPS of $0.52; Adjusted EBITDA was $140.4 million (11.8% of sales) and Adjusted Operating Margin was 5.5%, up 20 bps year-over-year.
  • Delivered Free Cash Flow of $44.5 million (ex-IFRS 16 lease liabilities) and maintained a Net Debt-to-Adjusted EBITDA ratio of 1.50x at target.
  • Declared a quarterly cash dividend of $0.05 per share.
  • Reaffirmed 2025 guidance: total sales of $4.8–5.1 billion, Adjusted Operating Income Margin of 5.3–5.8%, and Free Cash Flow of $125–175 million.
  • Secured $30 million of new annualized sales awards at mature volumes; Jaguar Land Rover production disruption resolved with full recovery expected by Q1 2026, and tariff relief agreements nearing completion.
7 days ago
Ford Motor: Francisco Partners Acquires Majority Stake in OEConnection
F
M&A
  • Francisco Partners agreed to acquire a majority stake in OEConnection, the automotive aftersales platform co-founded by Ford and GM in 2000.
  • OEC’s platform connects 45 manufacturers, 30,000 dealerships, and 135,000 wholesale customers across 6 countries with 1,500 employees.
  • In the past year, OEC facilitated over $14 billion in North American e-commerce and over $30 billion in global trade.
  • Genstar Capital, Ford, and GM will retain minority stakes post-transaction; financial terms were not disclosed.
7 days ago
Ford overhauls Model E after EV teardown insights
F
New Projects/Investments
Profit Warning
  • Ford’s teardown of Tesla and Chinese EVs revealed the Mustang Mach-E has 1.6 km more wiring than Tesla’s Model 3, adding weight and raising battery costs.
  • CEO Jim Farley created the Model E division in 2022 to accelerate EV innovation after identifying these design inefficiencies.
  • The Model E division incurred over $5 billion in losses in 2024 and is expected to face a similar shortfall in 2025.
  • Farley cautioned that Chinese automakers, with 50% of new-car sales in China vs. 10% in the U.S., pose an existential threat, and he projects EVs will remain just 5% of the U.S. car market in the near term.
7 days ago
Ford considers scrapping F-150 Lightning amid falling EV demand
F
Demand Weakening
Profit Warning
  • Ford is weighing discontinuation of its F-150 Lightning electric pickup due to low demand and $13 billion in EV division losses since 2023.
  • Production has been halted since October owing partly to supply disruptions after a fire at Novelis’ aluminum plant.
  • High production costs result in losses of approximately $100,000–$132,000 per vehicle, according to reports.
  • The expiration of the $7,500 federal EV tax credit and regulatory rollbacks have further reduced incentives, undermining EV sales.
  • Ford is shifting focus to more profitable hybrid and gasoline-powered F-Series trucks to bolster margins.
Nov 7, 2025, 10:13 AM