Is Ford Motor going out of business?

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asked Apr 13, 2024 in Car Makes by vdog55 (3,220 points)
Is Ford Motor going out of business?

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answered Dec 15, 2024 by 15thgear (30,210 points)
Ford Motor is not going out of business although Ford is facing significant challenges in the electric vehicle market and are experiencing losses on the EV segment.

Ford Motor company is actively restructuring their strategy to focus more on iconic vehicles and less on the boring cars to remain competitive.

Ford is currently reporting substantial losses on their electric vehicle production, with some estimates indicating a potential $5 billion loss in 2024 alone.

The car brands that Ford owns is Lincoln and Ford.

Lincoln is Ford's luxury vehicle division that manufacturers American Luxury Cars, limousines, SUVs and crossovers.

Ford is the original brand owned by Ford Motor Company that manufactures a wide variety of trucks, commercial vehicles, SUVs and cars.

Ford is older than Chevy as Ford was founded in 1903 by Henry Ford and Chevy was founded in 1911 by Louis Chevrolet and William Durant.

Ford is one of the world's oldest car manufacturers and is famous for it's advancements in mass production.

A rivalry between Ford and Chevrolet began in 1905 and is one of the most famous rivalries in the vehicle business.

The 4 GM brands are Cadillac, GMC, Buick and Chevrolet.

The Chevy that is being discontinued are the Chevy Camaro and the Chevy Malibu both of which is being discontinued after the 2024 model year.

The cars that GM are no longer making are the Buick, Saturn, Oldsmobile and Pontiac.

GM is also no longer making the Chevy Camaro at the end of the model year 2024 and the Chevy Malibu is being discontinued as well as the Chevrolet Volt, Chevy Cruze and Chevy Impala.

GM also discontinued and retired the Hummber, Saab, LaSalle, McLaughlin, Oakland, Opel and Vauxhall.
commented Jan 5 by Apolon34 (140 points)
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