Changing market dynamics and policies are forcing automakers into massive decisions. Ford is restructuring and refocusing its business on hybrids and extended-range EVs. The charge will impact Ford's ...

Kevin McCallister’s grocery run in “Home Alone” was a cinematic bargain when compared to the prices Americans pay today. The fictional eight-year-old played by actor Macaulay Culkin famously walked ...

A lot of the capital spent developing all-electric vehicles for the U.S. market is going to money heaven. It will never produce the returns that companies and investors once hoped for.

Dec 15 (Reuters) - Ford Motor (F.N), opens new tab 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 ...

Ford Motor on Monday said it would take a $19.5 billion charge as it refocuses on hybrids, slashes its electric-vehicle investments and discontinues the electric F-150 pickup truck. In a statement, ...

Ford Motor F-0.23%decrease; red down pointing triangle said Monday it expected to take about $19.5 billion in charges, mainly tied to its electric-vehicle business, a massive hit as the automaker ...

Journal Editorial Report: Trump ditches the mileage mandates at the center of Biden’s EV push. Not long ago, auto makers were touting electric cars as the future. Well, now they are slamming the ...

Ford is taking a $19.5 Billion writedown to pivot back towards the production of gasoline-powered vehicles after changes to the laws and regulations around EVs. Here's our full explainer video about ...

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 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 ...