Ford Takes $19.5 Billion Hit in Detroit's Biggest EV Bust
From the Center
AllSides Media Bias Rating: Center
Ford said Monday it expected to take about $19.5 billion in charges, mainly tied to its electric-vehicle business, a massive hit as the automaker retrenches in the face of sinking EV demand.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
Trump-Venezuela Oil Deal Raises Questions Over Gas Prices and US Energy Security
September 1st, 2026
Story of the Week
Trump’s US-Venezuela Oil Deal
AllSides Staff
September 3rd, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
September 2nd, 2026
Red Blue Translator
Fracking
More News about Energy
News from the Left
News from the Center
News from the Right
Venezuela grants U.S.-backed oil firm NABEP 100-year concessions for 17 oil fields, White House says
CNBC