Billed as a "Model T moment" by the company, Ford Motor Company CEO Jim Farley today announced that the automaker will invest $5 billion into its electric vehicle future. The Ford Model T was produced ...
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Ford eats a $20B loss to slam the brakes on EV plans
Ford is swallowing a roughly $20 billion hit to unwind its most ambitious electric-vehicle bets and reorient its future around hybrids, trucks, and profitable gas models. The company is effectively ...
Ford CEO Jim Farley announced a new EV strategy, calling it a "Model-T moment" for the company. Ford will reveal its new EV platform on Aug. 11th in Kentucky. The new strategy focuses on competing ...
Ford expects to record about $19.5 billion in special items, mostly during the fourth quarter, the automaker said Monday. The charges are related to a restructuring of its business priorities and a ...
Ford is shifting its electric vehicle strategy to include Extended Range Electric Vehicle (EREV) technology in its F-150 Lightning. The company will expand its hybrid and gasoline powertrain options, ...
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