Ford Motor is taking one of the largest strategic U-turns in its modern history, recording a massive $19.5 billion charge tied to its electric vehicle push and effectively admitting that its first big ...

Ford is taking one of the largest financial hits in its history to unwind a once bold electric-vehicle strategy, booking an EV-related charge that approaches $19.5 billion and resetting expectations ...

Ford sent ripples throughout the automotive industry when it announced a strategic repositioning of its entire EV program. The carmaker would write off $20 billion, including the canceled F-150 ...

Ford on Monday said it is pulling back on its electric vehicle plans, a move that will result in a $19.5 billion charge against its earnings to be taken mostly in the current quarter. But excluding ...

Ford sent a jolt through the American auto industry this week by scaling back its electric-vehicle ambitions and leaning harder into its core gas-truck business. The ripple effects of that are now ...

After years of bold EV promises, Ford is retreating from the F-150 Lightning and rewriting its electric future. Josh Lefkowitz/Getty Images This week, Ford announced it will end production of the ...

Ford Motor Co. and its South Korean battery partner are getting a divorce, signaling just how badly demand for electric vehicles is missing industry expectations. SK On said Thursday it's reached an ...