Ford said Monday it expects to take about $19.5 billion in charges, mainly tied to its electric-vehicle business, a massive hit as the automaker retrenches in the face of sinking EV demand. The ...

16 hours ago · Ford Motor said Monday it would scale back plans to produce electric vehicles and take a $19.5 billion hit to its profit to cover the costs of a major change in strategy.

15 hours ago · Ford Motor said Monday it was taking a $19.5 billion hit to its profit as it scales back its electric vehicle production to focus more on gasoline and hybrid cars – the latest pullback as ...

7 hours ago · Ford said it will take $19.5 billion in charges mainly linked to its EV business, as weak demand forces the carmaker to scale back electric plans and focus more on hybrids and petrol vehicles

16 hours ago · $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 …

15 hours ago · Ford is scrapping the all-electric F-150 Lightning and other big EVs amid a scramble to find a winning electric formula that will cost $19.5 billion

1 day ago · Ford Motor Company announced it will take a $19.5 billion writedown due to major changes in its electric vehicle (EV) strategy. The automaker is reducing its investments in fully electric …