The Detroit automaker, which has poured billions of dollars into electrification, said it will no longer make the F-150 ...
Ford Motor Co. announced a realignment of its long-term strategy, shifting investment toward hybrids, affordable EVs, ...
Ford said it plans to take on about $19.5 billion in one-time charges related to a restructuring as the automaker scales back ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...
The company has lost $13 billion on EVs since 2023 and said it expects to take a $19.5 billion hit largely in the fourth ...
For years after General Motors Co. took a bailout from Washington, it was scorned in some quarters of the population as ...
The writedown was seen as the most visible sign to date of the auto industry's pullback from a technology carmakers ...
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
Ford Motor Co. intends to convert a Kentucky electric vehicle battery plant so it can produce cells for energy storage to ...
The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.
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