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 Motor F raised its 2025 adjusted EBIT guidance to about $7.0 billion on Dec. 15 and announced $19.5 billion of EV restructuring charges related to canceling three planned EVs (full-size pickup ...
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 ...
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 ...
It took 11 minutes of bidding for Francis Ford Coppola’s custom watch to sell for nearly $11 million. The one-of-a-kind F.P. Journe watch, which Coppola helped design, sold to an anonymous phone ...
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The Salvation Army Clearwater distributed over 2,200 Christmas gift bags to people at the Salvation Army Social Services Center on Wednesday as a part of its Angel Tree Program. Trump Media stock ...