DETROIT (WWJ) — Ford workers will get reduced profit sharing checks for 2025, even as the company posted an #8.2 billion loss for the year. The checks will average $6,780, substantial, but much less than the last two years when they topped $10,000.
Ford’s losses, based on special one time charges related to changes in EV production, did not count in the profit sharing formula. Take the charges out, and Ford has a pre tax profit of $6.8 billion, along with its fifth consecutive year of revenue growth, bringing in $187.3 billion.
“Ford delivered a strong 2025 in a dynamic and often volatile environment,” said Jim Farley, Ford president and CEO. “We improved our core business and execution, made significant progress in the areas of the business we control – lowering material and warranty costs and making real progress on quality – and made difficult but critical strategic decisions that set us upfor a stronger future. Moving forward, we’ll continue building on our strong foundation to achieve our target of 8% adjusted EBIT margin by 2029.”…