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flag Ford lost $11.1B in Q4 2025 due to EV write-downs, a supplier fire, and tariffs, shifting to hybrids and canceling the F-150 Lightning.

flag Ford reported an $11.1 billion net loss for Q4 2025, reversing a prior-year profit, due to a $19.5 billion EV write-down, a fire at a key aluminum supplier, and tariffs under the Trump administration. flag The company is shifting focus to hybrid vehicles and smaller EVs, canceling the fully electric F-150 Lightning. flag Despite a 5% revenue decline to $45.9 billion, Ford projects 2026 adjusted EBIT of $8–10 billion and expects continued losses in its EV division through 2029.

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