Breadcrumb Home Earnings Subscription Required Earnings Reports Shift Technologies cuts headcount 30%; Q4 loss from operations widens Earnings VW Group's controlling family to get $425M dividend from Porsche SE Subscription Required Automakers & Suppliers Ford losing billions on EVs but sees profits on horizon Subscription Required Automakers & Suppliers Ford expects to lose $3 billion on EVs this year Subscription Required Dealers Used-car retailer Carvana expects smaller core loss, shares jump China Geely snaps 4-year decline in profit with 9% gain in 2022 China Xpeng Q4 loss grows; Q1 sales outlook dims Earnings BMW expects to hit 50% all-electric sales target 'well ahead' of 2030 Cars & Concepts Porsche offers glimpses of new EVs including a flagship electric crossover Subscription Required Suppliers Supplier profits lag even as revenue reaches pre-pandemic levels Load More Digital Edition THIS WEEK'S EDITION See our archive Fixed Ops Journal Read the issue See our archive Sign up for free newsletters Daily Summary (weekdays) Weekly Summary (Mondays) Breaking News Alerts (as needed) Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. See more newsletter options at autonews.com/newsletters. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.