It's the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump ...
Ford is redeploying capital away from large EVs toward hybrids, trucks, and battery energy storage to improve profitability ...
The automaker plans to invest in a low-cost Universal EV Platform for smaller, efficient EVs, including a midsize pickup set ...
It's a visible sign of the auto industry's pullback from a technology carmakers wholeheartedly embraced early this decade.
Much of that sum reflects expenses related to canceling fully electric models that had been years in the making.
Trump has shifted the U.S. approach to the Arctic, promoting oil and gas even as scientists have issued more dire warnings ...
Ford Motor plans to book about $19.5bn in special items as it reshapes its EV strategy, pulling back from some larger battery ...
(Reuters) -- Ford Motor said on Monday it will take a $19.5 billion write-down and is killing several electric vehicle models ...
Dec 15 (Reuters) - Ford Motor said on Monday it ‌will take a $19.5 billion writedown and is killing several electric-vehicle ...
Major stock indexes pulled back sharply Tuesday after the November U.S. nonfarm payrolls report revealed greater employment ...
Ford Motor Company today announced a series of actions to sharpen its Ford+ plan, executing a decisive redeployment of ...
Ford knows buyers don't want expensive EVs, so it’s focusing on affordable options while expanding its gas and hybrid lineup.