Ford announced a $19.5 billion charge to restructure and refocus its business away from EVs. The company plans to reinvest in more profitable opportunities such as hybrids and BESS. The Detroit ...
This is read by an automated voice. Please report any issues or inconsistencies here. Marketing experts say that enticing younger consumers will take more than a sales pitch at the dealership. Ford’s ...
Aaron McDade is a breaking news reporter for Investopedia. He is an experienced journalist who has covered everything from the latest in business and tech news to sports and international news like ...
LOUISVILLE, Ky. (WDRB) -- All 1,600 employees of the brand new electric vehicle battery plant in Kentucky will be laid off before Ford converts it to manufacture batteries for data centers and other ...
Ford has ended production of the all-electric F-150 Lightning pickup truck. Next-generation F-150 Lightning said to be a range-extended electric vehicle with an onboard generator No timeframe for ...
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 ...
Just last month, Ford seemed to be on the brink of sunsetting the F-150 Lightning. Today, the vehicle manufacturer announced plans to reboot the truck as a hybrid. This next generation of the F-150 ...
GLENDALE, Ky. — The future of Ford’s electric vehicle (EV) battery plant in Kentucky is becoming clearer, and it includes sweeping layoffs. On Monday, Ford announced it would convert the BlueOval SK ...
Ford is ending production of the fully-electric F-150 Lightning as part of a broader companywide shakeup of its electric vehicle plans, the company announced Monday. In its place, Ford will sell ...
Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The charges are related to a restructuring of its business priorities and a ...
Taking a page from the Ram playbook, Ford says it will make the next generation of its F-150 Lightning pickup an extended-range hybrid, giving the electric truck more range and greater towing ...
$19.5 billion writedown includes $8.5 billion for cancelled EV models Trump policies reduce federal support for EVs, affecting sales and demand Ford's new affordable EV model set for 2027 release Dec ...
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