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. |