These are trying times for automotive bean counters in Detroit: Ford is recording $19.5 billion in losses and killed off the ...
General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards. Shares slid ...
DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.
GM's EV plans have been shaken due to the drastic policy differences between the Biden and Trump administrations.
Morning Overview on MSN
Ford’s biggest EV write-down kills its flagship truck line
Ford’s decision to unwind its all-electric pickup experiment is more than a product cancellation. By taking what it calls the ...
The Hilux has gone electric. Toyota’s best-selling pickup made its European debut in electric form for the first time ...
Analysts from Cox and elsewhere are expecting new car sales to drop off slightly in 2026 from last year’s totals, which are ...
Ford's 2028 autonomy timeline is a stall tactic—the Lightning pricing collapse reveals how vaporware masks stagnation.
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
Regtechtimes on MSN
General Motors takes $6 billion hit as electric vehicle ambitions collide with reality
General Motors is taking a dramatic step by writing down $6 billion tied to its electric vehicle plans. The company is ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
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