Ford Results 3Q23 Earnings
Ford
Model e
Designing and scaling
breakthrough, connected EVs, and
all of Ford's electric architecture
and embedded software
+ Volume up 44%, driven by
increased production capacity
of Mustang Mach-E
+ Industry-wide EV price
compression continues
+ Disciplined capital investments;
focused on balancing growth
and profitability
+ Engineering amazing and cost-
effective Gen-2 products
Wholesale Units
EBIT ($B)
($0.5)
24
I
Q2 '22 Q3 '22 Q4 '22
25
Q2 '22
(000)
30
Q3 '22
($0.6) ($0.6)
12
Q1 '23
($0.7)
Q4 '22 Q1 '23
34
Q2 '23 Q3 '23
|
($1.1)
36
Q2 '23
($1.3)
Q3 '23
Revenue ($B)
$1.3
$1.4
Q2 '22 Q3 '22
EBIT Margin (%)
Q2 '22
$1.6
(38.6) % (43.7) % (40.4)%
Q3 '22
Q4 '22
Q4 '22
$0.7
Q1 '23
(102.1)%
Q1 '23
$1.8
Q2 '23
(58.9)%
Q2 '23
$1.8
Q3 '¹23
T
(75.6)%
Ford
Q3 '23
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