Ford's Q1 2024 results: Losses widen in EV division Ford Model e
Ford announced its financial results for the first quarter of 2024 on April 24. Global wholesale volume was down 1% y/y to 1.045 million units, revenues were up 3% y/y to USD 42.8 billion, and adjusted EBIT was down USD 600 million to a profit of USD 2.8 billion. Net income fell USD 400 million to a profit of USD 1.3