Follow us on Facebook and join our Telegram channel for the latest updates. (Dec 16): Ford Motor Co will take US$19.5 billion ($25.2 billion) in charges tied to a sweeping overhaul of its electric ...

Ford Motor announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry’s pullback from a technology carmakers wholeheartedly embraced ...

Ford Motor Company has officially discontinued its flagship all-electric F-150 Lightning pickup truck, citing the vehicle and other large battery-powered models as having 'no path to profitability' in ...

Ford on Monday announced a major retreat from large electric vehicles, planning a write-off of about $19.5 billion over several years as it pivots toward hybrids, gas-powered trucks and a new battery ...

Ford Motor Co. is pulling the plug on its EV trucks after a costly strategy failed to deliver. The company said it will take about $19.5 billion in charges, one of the auto industry’s biggest ...

Ford (F) has announced a series of moves in its electric vehicle business, pivoting to a hybrid and extended-range EV (EREV) strategy instead of full EVs. The company will take $19.5 billion in ...

CNBC's Phil LeBeau reports on news regarding Ford. Man behind viral Minnesota 'daycare fraud' video sends message to Trump Rams eliminated from NFC West after Sunday wins by Seahawks, 49ers Opinion: ...

Ford expects about $19.5B in restructuring charges tied to scaling back EV investments while raising 2025 adjusted EBIT guidance. The automaker will pivot toward hybrids, smaller EVs, and ...

Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered ...

Ford (F) is taking a $19.5B write-down of its electric vehicle division and making a significant pivot to its EV business as the company addresses lackluster demand for electric vehicles, high costs, ...

Ford Motor Company has unveiled a sweeping reset of its electrification and manufacturing strategy, pivoting capital toward higher-return segments such as hybrids, trucks, commercial vehicles, and ...