The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, ...
Dec 15 () - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, ...
The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.
Ford announced a series of moves in its EV business, pivoting to a hybrid and extended range EV (EREV) strategy instead of ...
The move comes as a response to the Trump administration's waning support for electrification and a weakening consumer market ...
The company is abandoning plans for a brand new all-electric pickup truck codenamed "T3" and ending production of the battery ...
The automaker also introducing some new products as part of this plan, including an extended-range EV version of its F-series ...
Ford Motor Co. will take a majority of $19.5 billion in special charges in the fourth quarter of 2025 as it restructures its ...
The automaker is realigning its future investments into multi-energy powertrains, battery-electric storage systems, and new ...
US carmaker overhauls plans as it faces tepid demand for some EVs and navigates Donald Trump’s regulatory changes ...
Amid Ford's shift away from making large electric vehicles, the automaker is adding a new product line to find a home for its batteries. Ford said Monday ...