About $8.5 billion ⁠is tied to costs associated with killing several future EVs, including a planned large pickup truck that ...

DETROIT (AP) — Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and ...

Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most ...

Ford Motor is keeping the F-150 Lightning, but changing its technology. It plans to add thousands of jobs and enter this new ...

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

Ford said today it’s taking on roughly $19.5 billion in charges related to its electric-vehicle business. It’s one of the ...

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

Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...

The US carmaker is backing away from large electric vehicles, citing lacklustre demand and recent regulatory changes under US ...

The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.

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