Turnaround at Ford: Group Burys E-Car Dreams – "No More Way to Profitability"
5 Articles
5 Articles
In November alone, demand for battery-powered vehicles in the USA fell by 40 percent. The Group is now responding to Donald Trump's policy.
Ford writes billions and stops several e-car projects. The company is again relying on gasoline. Discharges are planned in the short term.
Because of Sales Crisis: Ford Performs Massive E-Car Turnaround and Depreciates 19.5 Billion Dollars
Ford, the US car company, is throwing up its e-car strategy and willing to spend a lot of money on it. The realignment reflects the industry's response to declining demand in the US and President Donald Trump's government policy.
Ford Motor Company announced on Monday (December 15) that it had recorded a $19.5 billion asset impairment charge, primarily related to its electric vehicle business. This is a significant strategic contraction implemented by the company in response to declining demand for electric vehicles and unfavorable policy changes.
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