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 ...