Ford slashes EV lineup, takes $19.5 billion write-down | REUTERS
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Ford slashes EV lineup, takes $19.5 billion write-down | REUTERS
Ford Motor announced it would discontinue multiple electric-vehicle models and absorb a $19.5 billion write-down due to slumping demand and the Trump administration's rollback of EV incentives in the US. #News #Reuters #Newsfeed #ford #ev Read the story here: https://reut.rs/4pYLxo1 👉 Subscribe: http://smarturl.it/reuterssubscribe Keep up ...
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#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 pullback in its all-electric vehicle investments. Read more at the #linkinbio or tap on your screen. #CNBC
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