Ford on Monday announced a major retreat from large electric vehicles, planning a write-off of about $19.5 billion over several years as it pivots toward hybrids, gas-powered trucks and a new battery ...
Ford trucks are seen at a car dealership in Montebello, California. Ford said it would cancel plans for select larger EVs — including its F-150 Lightning — due to weak demand,(Photo by Frederic J.
Value leadership may hinge on breakouts in Exxon Mobil and Bank of America The “broadening out” trade requires strength from several sectors, namely Energy and Financials With key economic data on tap ...
Since Mark Carney became our Prime Minister, I have regained confidence in our national leadership. I think he has been coping with many challenges very well. However there is one area where he has ...
The College Football Playoff is here, and with it comes a unique opportunity for programs to put their brand and stars on display in front of the whole country. The stage couldn't be much bigger. The ...
Choncé is a personal finance freelance writer who enjoys writing about credit cards, business loans, debt management, and helping people achieve financial wellness. Having a background in journalism, ...
$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 ...