Ford Expects To Record About $19.5 Bln In Special Items With Majority In Q4

December 15 (Reuters) – Ford Motor Co:
* FORD: NEXT GENERATION F-150 LIGHTNING WILL SWITCH TO EREV ARCHITECTURE AND ASSEMBLY AT ROUGE ELECTRIC VEHICLE CENTER IN DEARBORN, MICHIGAN
* FORD: WE EXPECT A RECORD OF APPROXIMATELY $19.5 BILLION IN THE 4TH QUARTER, MAINLY IN SPECIAL PRODUCTS
* FORD OUTLOOK 2025 ADJUSTED EBITDA APPROXIMATELY $7 BILLION; REaffirms 2025 ADJUSTED FCF GUIDANCE RANGE, TOWARDS HIGH END OF $2 BILLION – $3 BILLION
* FORD: PRODUCTION OF CURRENT GENERATION F-150 LIGHTNING HAS BEEN COMPLETED
* FORD: WHEN BUSINESS CONDITION IS DECREASED DUE TO LOWER-EXPECTED DEMAND, HIGHER COSTS, REGULATORY CHANGES, WE ARE NO LONGER PLANNING TO SELECT LARGE EVS
* FORD: BY 2030, APPROXIMATELY 50% OF FORD’S GLOBAL VOLUME WILL BE HYBRIDS, EXTENDED-RANGE HOMES AND ELECTRIC VEHICLES, UP TO 17% BY 2025
* FORD: WE ARE NOW PLANNING TO PRODUCE A NEW PRE-PLANNED ELECTRIC COMMERCIAL VAN FOR EUROPE
* FORD: NEW “CONSTRUCTED FORD TOUGH” PICKUPS WILL BE ASSEMBLED IN BLUEOVAL CITY, TENNESSEE, AND THE NEW GAS AND HYBRID VAN WILL BE PRODUCED AT THE OHIO ASSEMBLY FACTORY
* FORD: CO & UNITS PLANS TO HIRING THOUSANDS OF NEW EMPLOYEES IN THE USA OVER THE NEXT FEW YEARS
* FORD: START OF BATTERY ENERGY STORAGE SYSTEM BUSINESS; REUSE OF EXISTING US BATTERY MANUFACTURING CAPACITY IN GLENDALE, KENTUCKY
* FORD: WE ARE PLANNING TO START SHIPMENT OF BESS SYSTEMS WITH ANNUAL CAPACITY OF 20 GWh IN 2027
* FORD: WE ARE PLANNING TO REPLACE THE ELECTRIC COMMERCIAL VAN PLANNED FOR NORTH AMERICA WITH A NEW, AFFORDABLE COMMERCIAL VAN WITH GAS AND HYBRID MODELS
* FORD: FORD MODEL E IS NOW EXPECTED TO REACH PROFITABILITY IN 2029, WITH IMPROVEMENTS TO START IN 2026
* FORD: PLANS TO INVEST ROUGHLY $2 BILLION IN THE NEXT TWO YEARS TO SCALE ITS BATTERY ENERGY STORAGE SYSTEM BUSINESS Source text: Other coverage of the company:




