Big news on both sides of the Atlantic shows how the EV future is a more distant horizon than advocates — and some automakers ...
The Detroit auto giant said on Monday it would pull back from electric vehicles in a move that would cost the company nearly ...
Detroit wants to make money on big, gasoline-powered cars today while also keeping up with Chinese EV competitors.
Ford is taking a massive accounting hit as it backs away from its once-aggressive bet on fully electric vehicles. The ...
It's the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump ...
Ford is cancelling plans for a new pure-electric van and F-150 pickup truck, foreseeing weaker electric vehicle (EV) demand in the US after the Trump administration axed a grant scheme for buyers.
As tensions rise between Beijing and Tokyo, Japanese carmaker Toyota is doing well for itself in a Chinese market that’s fast ...
GM Korea president and CEO Hector Villarreal said the company will focus on using its Korean plants at full capacity and shape them into a global export base. The factories can make up to 500,000 ...
Ford said it will take $19.5 billion in charges mainly linked to its EV business, as weak demand forces the carmaker to scale ...
Ford said it is pulling back from plans to manufacture large electric vehicles, citing weaker demand and recent regulatory changes under U.S. President Donald ...
Much of that sum reflects expenses related to canceling fully electric models that had been years in the making.
(Reuters) -- Ford Motor said on Monday it will take a $19.5 billion write-down and is killing several electric vehicle models ...