The Detroit automaker, which has poured billions of dollars into electrification, said it will no longer make the F-150 ...
On Monday, Ford announced that it was discontinuing production of the full-size EV pickup. "It didn't make sense to keep ...
Ford Motor Co. announced a realignment of its long-term strategy, shifting investment toward hybrids, affordable EVs, ...
Ford said it plans to take on about $19.5 billion in one-time charges related to a restructuring as the automaker scales back ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...
For years after General Motors Co. took a bailout from Washington, it was scorned in some quarters of the population as ...
The writedown was seen as the most visible sign to date of the auto industry's pullback from a technology carmakers ...
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market ...
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