Ford Faces a Profitability Threat It Hasn't Seen Since the 2008 Financial Crisis
View original at nasdaq.comFord Faces a Profitability Threat It Hasn't Seen Since the 2008 Financial Crisis Key Points Ford Credit is one of the automaker's most profitable units…
What we drew from this source
The claims Via News extracted from this document. We point to the source; we don't replace it.
Off-lease EV volume will peak in 2028 with nearly 800,000 EVs flooding the market
60% confidenceRoughly 228,000 Tesla EVs were leased last year, nearly 102,000 EV leases for General Motors, and a little over 52,000 EV leases for Ford
60% confidenceUsing the $10,000 figure, that would be an industrywide loss of about $8 billion for expected models coming off lease in 2028
60% confidenceStock Advisor's total average return is 914% compared to 184% for the S&P 500
60% confidenceFord Motor Company was not among the 10 best stocks for investors to buy now
60% confidenceIndustry experts are expecting the resale value of off-lease EVs will check in around $10,000 less than automaker finance entities projected, and could range anywhere from $5,000 to $20,000 less
60% confidenceFord Credit typically generates only about 5% of revenue any given year but provides 15% to 20%, sometimes more, of the company's profits
60% confidenceEVs expected to make up 15% of off-lease used vehicles by the end of 2026, compared to only 7.7% during the first quarter
60% confidence