Ford Motor Company (NYSE:F) stock rose 2% in post-market trading after the automaker raised its 2025 adjusted EBIT guidance to about $7 billion from a previous forecast of $6 billion to $6.5 billion, ...
The company, in an official statement released on Monday, announced that it has taken a $19.5 billion charge, pivoting to ...
Cryptopolitan on MSN
Ford just abandoned its flagship electric vehicle to lose $19.5 billion
Ford is expecting to take a hit of $19.5 billion after scrapping the flagship electric pick-up truck, F-150, along with a ...
In a rapidly evolving financial landscape, today's stock market activities reflect significant corporate shifts and economic indicators. From Ford's staggering decision to withdraw several electric ...
In taking the charges, Ford is acknowledging it built far too much battery production capacity and was going down a dead-end ...
Major U.S. benchmarks finished Monday lower, with the Dow Jones Industrial Average edging down 0.09% to 48,416.56.
The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.
(Dec 16): Ford Motor Co will take US$19.5 billion ($25.2 billion) in charges tied to a sweeping overhaul of its electric ...
Ford dropped an EV bomb on the collapsing hopes of EV enthusiasts today. We offer all the details and ask you, “Which brand is next?” ...
Dec 15 (Reuters) - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle ...
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Gene Munster calls Ford’s $19.5B EV retreat ‘good news for Tesla’ as legacy automaker scales back
Ford said that it will stop making the F-150 Lightning as a battery electric pickup truck and instead make an extended range ...
The charges are related to a restructuring of its business priorities and a pullback in its all-electric vehicle investments, ...
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