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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 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.
17 hours ago
Ford U.S. vehicle sales rise 1.6% in October
F
Demand Weakening
  • Ford’s U.S. vehicle sales rose 1.6% year-over-year to 175,584 units in October 2025, driven by a 3.4% increase in internal combustion engine vehicles, which comprised 87% of total volume.
  • Electrified vehicle segment sales declined 9.3% to 22,207 units, with EVs down nearly 25% and hybrids down 4% after expiration of the federal $7,500 tax credit.
  • Pickup truck sales, led by the Ranger and Maverick, grew nearly 5%, underscoring strength in traditional segments.
  • Ford holds about 13% U.S. market share (versus 10% in the UK and under 2% in China), with U.S. sales accounting for roughly 68% of 2024 revenue.
5 days ago
Ford plans $370M investment to revive Chennai plant
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New Projects/Investments
  • Ford will invest Rs 3,250 crore (≈$370 million) to upgrade its Maraimalai Nagar, Chennai plant for next-generation, high-end engine production, targeting an annual capacity of 200,000–235,000 engines and start of output in 2029, creating over 600 direct jobs.
  • This project marks Ford’s return to Indian manufacturing after ceasing vehicle production in 2021, following a Letter of Intent with the Tamil Nadu government signed in September 2024.
  • The move reflects a strategic shift in Ford’s global production footprint and confidence in India’s manufacturing base despite U.S. tariffs; the engines will be exported to undisclosed markets, not the U.S.
Oct 31, 2025, 4:54 AM
Ford reports Q3 2025 earnings beat, lowers full-year profit forecast
F
Earnings
Guidance Update
Demand Weakening
  • Ford reported Q3 2025 adjusted EPS of $0.49 and revenue of $43.1 billion, surpassing Wall Street estimates.
  • The company lowered its full-year profit forecast after a key supplier’s aluminum factory fire and ongoing tariff headwinds.
  • Net income reached $2.4 billion, supported by robust cash flow amid capital-intensive operations.
  • Tariffs imposed a $0.7 billion adverse impact in Q3, and Ford reduced its full-year net tariff estimate to $1 billion from $2 billion.
  • EV deliveries hit a record 30,612 units, but the Ford Model e segment lost $1.41 billion, leading to a halt in F-150 Lightning production.
Oct 24, 2025, 12:50 AM
Ford suspends Kentucky SUV production after aluminum supplier fire
F
Profit Warning
  • Ford paused production of Expedition and Lincoln Navigator SUVs at its Kentucky Truck Plant due to a fire at Novelis’s aluminum plant, which supplies 40% of U.S. automakers’ aluminum sheet.
  • The Novelis facility is offline until early next year, prompting Ford to temporarily reduce shifts at its Louisville Assembly Plant, finishing Escape and Lincoln Corsair production by December.
  • While F-Series production remains ongoing, Ford warns the supply disruption could shave up to $1 billion off operating profit.
  • Ford describes the downtime as an acceleration of pre-planned breaks and is working with Novelis and alternative suppliers to mitigate the impact.
Oct 14, 2025, 1:03 AM
Ford Motor rebrands EVAI as Vehicle Management Systems
F
Management Change
Hiring
  • Vehicle Management Systems (formerly EVAI) unveiled its rebrand to an AI-first fleet management platform.
  • The platform aims to overcome legacy data architectures with agentic AI for faster, simpler vehicle operations.
  • David Prusinski appointed Co-CEO, leveraging over 20 years in automotive technology and as former CRO of Ford Integrated Services.
  • Muffi Ghadiali joins as Strategic Advisor, drawing on experience from Ford Pro Charging and co-founding Electriphi.
Oct 6, 2025, 3:21 PM
Ford may benefit from proposed tariff relief
F
  • President Trump is considering significant tariff relief for U.S. automakers that assemble vehicles domestically, potentially eliminating much of their current tariff costs.
  • The proposal could extend a 3.75% tariff offset through five years and expand relief to cover U.S. engine production as well as vehicle assembly.
  • Shares of Ford and other major auto manufacturers rose between 2% and 4% on the news.
  • The White House cautions that discussions remain speculative until any official action is signed by President Trump.
Oct 4, 2025, 2:34 AM
Ford reports Q3 2025 U.S. sales growth
F
Revenue Acceleration/Inflection
  • U.S. sales rose 8.2% year-over-year to 545,522 units, marking seven consecutive months of growth.
  • Electrified vehicle sales set a Q3 record at 85,789 units (+19.8%), representing 15.7% of total sales; Mustang Mach-E and F-150 Lightning posted best-ever quarter with 20,177 (+50.7%) and 10,005 (+39.7%) units, respectively.
  • Strong truck performance: F-Series sold 207,732 in Q3 (+4.7%) for a YTD total of 620,580 (+12.7%), while Maverick achieved a Q3 record 34,848 units and YTD sales of 120,904 (+10.9%).
  • Ford Pro digital services continued momentum with ~815,000 paid-software subscriptions (+30%) and BlueCruise hands-free driving surpassing 7 million hours.
  • Explorer Tremor and F-150 Lobo slated to begin shipping in Q4, expanding Ford’s performance lineup.
Oct 1, 2025, 1:45 PM
Ford extends low-interest F-150 loans to subprime buyers
F
Revenue Acceleration/Inflection
Demand Weakening
  • Ford is offering lower interest rates to subprime borrowers with FICO scores below 620 on F-150 financing, with loan terms up to 84 months to boost sales before quarter-end.
  • Buyers with weaker credit can now qualify for rates usually reserved for prime borrowers, aiming to offset affordability challenges from rising vehicle prices and high interest rates.
  • The F-150 accounts for nearly 40% of Ford’s 2025 sales, though August sales dipped slightly.
  • Ford’s finance arm says only 3-4% of loans are deemed high-risk, applying strict internal credit assessments beyond FICO scores.
Sep 24, 2025, 2:23 AM
Ford Motor Company featured in Japan Autonomous Vehicles Market Forecast Report
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  • ResearchAndMarkets projects Japan’s autonomous vehicles market to expand from US$ 4.02 billion in 2024 to US$ 24.25 billion by 2033 at a 22.1% CAGR.
  • Market growth is driven by supportive government programs (Smart Mobility Challenge, SIP), an aging population with labor shortages, and Japan’s strong automotive and technology sectors.
  • Regulatory amendments now permit Level 3 autonomous vehicles on public roads, with further revisions planned to advance higher levels of automation.
  • Key challenges include high infrastructure and R&D costs and public trust and safety concerns, particularly across urban versus rural regions.
  • The report provides company analyses, including Ford Motor Company, alongside Volvo, Audi (Volkswagen Group), GM, Tesla, Toyota, Uber, and BMW.
Sep 11, 2025, 2:14 PM