Ford raised its 2025 adjusted EBIT guidance to about $7 billion on Dec. 15 and announced $19.5 billion of EV restructuring charges related to canceling three planned EVs (full-size pickup and two ...
Ford said today it’s taking on roughly $19.5 billion in charges related to its electric-vehicle business. It’s one of the largest corporate write-downs ever, underscoring a growing realization in the ...
Every year, hundreds of thousands of vehicles seem to vanish without a trace, as far as their owners are concerned, anyway. In 2024 alone, over 850,000 vehicles were stolen across the USA, racking up ...
As part of Philadelphia Mayor Cherelle Parker’s plan to create and preserve 30,000 housing units in the city, the PHDC launched the Turn the Key program in 2022. Its mission is to build 1,000 new ...
Changes are coming to Disneyland’s Magic Key program in the new year. The resort announced Thursday that it will be offering a new pass, Explore Key, which will replace the Enchant Key. Beginning Jan.
Georgia Tech locked in Brent Key to a new five-year contract extension that will keep the coach at his alma mater through 2030, the school announced. The deal comes after Key guided the Yellow Jackets ...
Ford Motor’s F-1.26%decrease; red down pointing triangle electric vehicle sales continued to sink in November, as the company weighs scrapping the electric version of its F-150 truck following the ...
OAKLAND COUNTY, MI -- Auburn Hills-based auto supplier Nexteer is facing legal action over a Ford electric-truck program. Nexteer is facing a lawsuit from a tier-two supplier over a canceled program ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Auburn Hills-based Nexteer is being sued by a tier-two ...
Officials have confirmed a fire occurred at a plant that serves as a major aluminum supplier for Ford. According to Novelis, the fire that began at a plant in Oswego County, New York at 8:45 a.m. was ...
As the Ford Foundation prepared for the arrival of its new president, Heather Gerken, on November 3, it quietly pulled the plug on one of its signature efforts of the past decade: a ...
Ford has unveiled the Home Power Management program, which allows F-150 Lightning owners in select markets to store up cheaper electricity during the day for charging later on. The program requires ...