Ford writes down $19.5 billion as it pivots electric Lighting line of vehicles

The operating reality has changed, and we are redeploying capital into higher-return growth opportunities,” Ford CEO Jim ...

Ford Abruptly Updates F-150 Lightning As EREV With 700+ Miles Of Range

Ford announced today it has cancelled the all-electric F-150 Lightning in favor of an extended-range EV. This shift, along ...

Ford takes $19.5B charge in hybrid pivot, cancels F-150 Lightning EV, launches new battery storage business

Ford announced a series of moves in its EV business, pivoting to a hybrid and extended-range EV strategy instead of full EVs, ...

Ford Updates Plans: 5 New Affordable Vehicles by 2030

Ford is reworking its future around what customers are actually buying, stepping away from cost-heavy electric bets that no ...

Why Ford is scrapping major EV plans and taking a $19.5 billion hit

Ford Motor on Monday said it would take a $19.5 billion charge as it refocuses on hybrids, slashes its electric-vehicle ...

Ford recalls nearly 32,000 vehicles, NHTSA says

Ford Motor is recalling 32,160 vehicles in the United States, as loss of drive power increases the risk of a crash, the U.S.