Ford set to take a $19.5 billion dollar write-down on its EV business Paul Gigot hosts a 'Journal Editorial Report' panel discussing the Global Electric Vehicle retreat, Ford's decision to cut back on ...
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 ...
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 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 ...
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, ...
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 ...
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Ford to take $19.5B hit

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 ...
Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The majority of the charges will come ...
Ford will take $19.5 billion in charges, mostly in the fourth quarter, as it overhauls its EV strategy by canceling a planned electric F-Series truck and shifting toward gas and hybrid vehicles. The ...