Breadcrumb Home Earnings Subscription Required Automakers Ford losing billions on EVs but sees profits on horizon Subscription Required Automakers Ford expects to lose US$3 billion on EVs this year Subscription Required Suppliers Supplier profits lag even as revenue reaches pre-pandemic levels Suppliers Martinrea International reports $46.2M Q4 profit, sales up more than 20% Subscription Required Retail AutoCanada Q4 net income plunges on used-vehicle writedowns, floor plan costs Subscription Required Suppliers Magna Q4 earnings plummet Subscription Required Automakers GM Q4 net income rises 15% to US$2 billion; revenue surged 28% to US$43.1 billion Automakers Hyundai unveils $11.3B spending plan amid EV push Suppliers Magna International says margins for 2022 will be lower than expected Subscription Required Automakers Honda, Nissan see brighter days ahead Load More Digital Edition View latest issue See our archive Sign up for free newsletters Breaking News Alerts (as needed) Weekly News Summary (Mondays) Daily News Summary (weekdays) Automotive News Canada Podcast (Fridays) Weekly Video Newscast (Thursdays) Yes, send me info about special editorial content, new features, events, subscriptions, webinars and research from Automotive News Canada Yes, send me info and whitepapers from select third-party partners of Automotive News Canada EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.