Tight margins, changing EV market, import tariffs and rising prices are all triggering merger and acquisition deals across ...
With road transportation accounting for almost one-fifth of global carbon dioxide emissions, it’s hard to see how the world ...
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market ...
Much of that sum reflects expenses related to canceling fully electric models that had been years in the making.
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...
Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The ...
VinFast has been expanding manufacturing facilities across Asia amid booming EV demand. In early December, VinFast announced ...
Shares of South Korean battery maker LG Energy Solution fell 6% by 0554 GMT after customer Ford Motor said on Monday it is ...
Good morning and welcome to The Downshift, or TDS for short. Short, snappy, and simple, TDS groups the latest automotive news ...
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 ...
Ford shifts EV strategy, takes $19.5B write-down and drops current Lightning production. Nasdaq seeks SEC nod for ...
Ford Motor on Monday said it would take a $19.5 billion charge as it refocuses on hybrids, slashes its electric-vehicle ...