Ford to take a huge loss on its electric vehicle overhaul
Government
Matt Miller, Host of Bloomberg 'Open Interest' breaks down the latest from Ford as the company moves forward with a sweeping overhaul of its EV business. Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The majority of the charges will come in the fourth quarter, Ford said Monday in a statement. As part of the strategic shift, the automaker is canceling a planned electric F-Series
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