Global 500
Ford MotorRANK47
Ford’s global business was whacked by the pandemic, which forced plant closures, caused supply-chain backlogs, and reduced demand for new passenger vehicles. As a result, full-year revenues were down 19%, from $156 billion to $127 billion, and net income was negative $1.3 billion. North America and its credit division were Ford’s only profitable units; still, the company would have eked out a small profit overall were it not for a $1.5 billion pension charge. New CEO Jim Farley, who took the wheel at Dearborn in October 2020, will be banking big on the electric F-150 truck, announced in May 2021, to kick-start Ford’s EV program in earnest.
Lists ranking Ford Motor
World’s Most Admired Companies - 2022Just as it dominates our economy, Big Tech now dom...view in list
Latest news for Ford Motor
- TechTim Cook turns to a Ford insider for help in developing an Apple car amid chronic setbacksMay 4, 2022 12:44 PM UTC
- NewslettersFord is setting the electric truck pace. But can it stay ahead of the pack?April 27, 2022 5:27 PM UTC
- TechFord is ‘betting the company’ on a Tesla-style EV truck that could make or break its futureApril 18, 2022 8:51 PM UTC