Ford Retreats From EVs, Takes $19.5 Billion Charge
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Ford already has vehicles that fill the space in the U.S. market that the Ranger PHEV and Super Duty are designed to fill outside of it.
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Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning
The 66th annual Ford Fireworks are set to light up the Downtown Detroit sky on Monday, June 24. The fireworks show will be broadcast live on Local 4 and Local 4+, which is available for free, even outside the Detroit area. Watch the 66th annual Ford ...
Mario Green is charged with first-degree murder, discharge of a firearm in a building causing death and aggravated stalking.
From decay to dazzling, Ford restores grandeur to Detroit train station that once symbolized decline
The once-blighted monolithic Michigan Central train station — for decades a symbol of Detroit’s decline — has new life following a massive six-year, multimillion-dollar renovation to create a hub for mobility projects in the rebirth of the Motor City.
For the fifth year, Ford Motor Co. is teaming up with “The Tonight Show Starring Jimmy Fallon,” this time to do an episode in the Motor City. "The Tonight Show" will pay its first-ever visit to Detroit on Sept. 14 for a a one-night-only special episode ...
When Ford (NYSE:F) announced a $19.5 billion write-off on its electric vehicle business, shareholders didn’t panic. They exhaled. The stock barely flinched, trading near 52-week highs at $13.67, because investors were relieved Ford finally stopped burning cash on a battle it was never equipped to win.
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Detroit strikes back: How Ford and GM stocks quietly beat Tesla and Rivian this year
GM and Ford have outperformed Tesla YTD, benefiting from ICE/hybrid exposure amid the EV slowdown. ・The legacy automakers dwarf Tesla in revenue, while Tesla still commands superior—but flattening—margins.