$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 2027 release Dec ...

Ford Motor said Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry’s retreat from battery-powered ...

Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The majority of the charges will come ...

Dec 15 (Reuters) - Ford Motor (F.N), opens new tab announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry’s pullback from a ...

Dec 16 (Reuters) - Ford's $19.5 billion writedown tied to a reset of its electric-vehicle business highlights the mounting challenges for legacy automakers as they navigate waning demand and a changed ...

Ford Motor said Monday it expected 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 ...