Ford sent ripples throughout the automotive industry when it announced a strategic repositioning of its entire EV program. The carmaker would write off $20 billion, including the canceled F-150 ...
Ford Motor F raised its 2025 adjusted EBIT guidance to about $7.0 billion on Dec. 15 and announced $19.5 billion of EV restructuring charges related to canceling three planned EVs (full-size pickup ...
Ford raised its 2025 adjusted EBIT guidance to about $7 billion on Dec. 15 and announced $19.5 billion of EV restructuring charges related to canceling three planned EVs (full-size pickup and two ...
Ford said today it’s taking on roughly $19.5 billion in charges related to its electric-vehicle business. It’s one of the largest corporate write-downs ever, underscoring a growing realization in the ...
Every year, hundreds of thousands of vehicles seem to vanish without a trace, as far as their owners are concerned, anyway. In 2024 alone, over 850,000 vehicles were stolen across the USA, racking up ...
Ford Motor’s F-0.83%decrease; red down pointing triangle electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the ...
OAKLAND COUNTY, MI -- Auburn Hills-based auto supplier Nexteer is facing legal action over a Ford electric-truck program. Nexteer is facing a lawsuit from a tier-two supplier over a canceled program ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Auburn Hills-based Nexteer is being sued by a tier-two ...
The State Department’s next human rights report will move away from calling out the persecution of marginalized groups such as women, ethnic and racial minorities, people with disabilities and the ...
Ford is the latest car manufacturer to make its vehicles available for purchase on Amazon. The deal will allow the automaker’s franchised dealers to sell certified preowned vehicles via the platform’s ...
As the Ford Foundation prepared for the arrival of its new president, Heather Gerken, on November 3, it quietly pulled the plug on one of its signature efforts of the past decade: a ...
After taking apart a Tesla Model 3 and several electric vehicles from China for the first time, Farley said he was “very humbled” during a new episode of the Office Hours: Business Edition podcast.