Ford's $13B EV losses and decade of stagnation expose the blue-chip myth—legacy automakers face an unbridgeable gap.
Economically disadvantaged students are much less likely to go on and attain degrees, according to new state data that tracks long-term outcomes.
The outgoing comptroller general reflects on leading the agency through national crises, building a skilled workforce and ...
Ford Motor Co. is significantly scaling back its electric vehicle program, citing years of financial losses. The automaker reported losses totaling approximately $13 billion on EV projects since 2023.
The City of Timmins has formally let its opposition known to the Ontario government’s plan to amalgamate conservation ...
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...
For years after General Motors Co. took a bailout from Washington, it was scorned in some quarters of the population as ...
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 ...
One of America's iconic car makers struggles to balance capital risk with policy risk after sustaining billions in losses ...
Investors can expect asset write-downs and new plans from auto makers that leaned a little too hard into the trend. Curiously ...