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Ford Motor Co (N:F)

Business Focus: Auto & Truck Manufacturers

Sector:  Consumer Cyclicals Industry:  Auto & Truck Manufacturers
 
See Regulatory Filings on SEC
Company Contact
Address: One American Road
DEARBORN MI 48126-2701
Tel: N/A
Website: https://www.ford.com
IR: See website
Key People
William Clay Ford
Executive Chairman of the Board
J. Doug Field
Chief Advanced Product Development and Technology Officer
James Duncan Farley
President, Chief Executive Officer, Director
John T. Lawler
Chief Financial Officer
Theodore Cannis
Chief Executive Officer - Ford Pro
Anning Chen
President and Chief Executive Officer - Ford of China
Catherine A. O'Callaghan
Chief Executive Officer - Ford Motor Credit
Ashwani Galhotra
Chief Operating Officer
Jennifer Waldo
Chief People and Employee Experiences Officer
Michael Amend
Chief Enterprise Technology Officer
   
Business Overview
Ford Motor Company is an automobile company. The Company develops and delivers Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. Its Ford Blue segment includes the sale of Ford and Lincoln internal combustion engine (ICE) and hybrid vehicles, service parts, accessories, and digital services for retail customers. Ford Model e segment primarily includes the sale of electric vehicles, service parts, accessories, and digital services. Ford Pro primarily includes the sale of Ford and Lincoln vehicles, service parts, accessories, and services for commercial, government, and rental customers. Ford Next segment primarily includes expenses and investments for emerging business initiatives aimed at creating value for Ford in vehicle-adjacent market segments. Ford Credit segment is comprised of the Ford Credit business on a consolidated basis, which is primarily vehicle-related financing and leasing activities.
Financial Overview
For the three months ended 31 March 2024, Ford Motor Co revenues increased 3% to $42.78B. Net income decreased 24% to $1.33B. Revenues reflect Company excluding Ford Credit increase of 2% to $39.89B, Ford Credit increase of 21% to $2.89B. Dividend per share remained flat at $0.15. Basic Earnings per Share excluding Extraordinary Items decreased from $0.44 to $0.33.