However, Ford guided Q1 adjusted EBIT to be roughly breakeven due to lower wholesales and unfavorable ... and it has significantly increased investment in its battery facilities and next-gen products, ...
Ford just released its Q1 2014 financial data, and it reported a net income of $989 million, down $622 million from Q1 2013. The drop is partially blamed on higher warranty and recall expenses ...
Ford BEV sales last month (YOY change): In Q1, Ford sold more than 20,000 all-electric vehicles in the U.S., which is 86% more than a year ago. That's about 4.2% of the brand's total volume.