Ford will take a $19.5bn (£14.5bn) hit as it tore up plans to invest significant sums into electric cars. The US car giant ...
The new models released in 2024 and 2025 by the industry led to a loss of market share for Tesla and pressure on its profit ...
The Detroit automaker, which has poured billions of dollars into electrification, said it will no longer make the F-150 ...
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market ...
Ford cuts F-150 Lightning production as CEO Jim Farley shifts strategic focus to hybrids and affordable EVs, taking massive ...
1don MSNOpinion
Ford pays the price for electric vehicle investments
Government mandates and subsidies drove the automaker to bet big on electric vehicles, leaving it now with a $19.5 billion ...
On Monday, Ford announced that it was discontinuing production of the full-size EV pickup. "It didn't make sense to keep ...
Ford's next-generation F-150 Lightning ditches a pure EV format in favor of a gasoline-backed extended-range electric truck ...
The end of the best-selling electric pickup truck is here: Ford is pulling the plug on the F-150 Lightning by the end of the ...
The company has lost $13 billion on EVs since 2023 and said it expects to take a $19.5 billion hit largely in the fourth ...
The operating reality has changed, and we are redeploying capital into higher-return growth opportunities,” Ford CEO Jim ...
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