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Ford to take $19.5B charge on electric vehicle strategy pivot
CNBC Television· 2025-12-16 12:07
Meanwhile, we were discussing this earlier, uh, Ford re-examining its EV strategy in a big way. The company is going to take a multi-billion dollar charge. Philippo joins us with the latest.We were batting it around. I want to hear your take on where things are right now, and then we'll get into it all. >> Well, where they are is the company is admitting that its previous strategy, it wasn't working.Was it a complete failure. No. But it was definitely not succeeding.Nowhere close to profitable. When you loo ...
X @The Wall Street Journal
The Wall Street Journal· 2025-09-28 03:02
Volvo plans to rev up its only U.S. factory, rolling out new hybrid models and hiring thousands of workers https://t.co/Tq6evbqVbO ...