New York, Dec 15, 2025 (AFP) - Ford scales back EV ambitions, forecasts $19.5 bn write-down

NAMPA / AFP

2025-12-15

Ford on Monday announced a major retreat from large electric vehicles, planning a write-off of about $19.5 billion over several years as it pivots toward hybrids, gas-powered trucks and a new battery storage business. The Detroit automaker said it will cancel plans for select larger EVs -- including its F-150 Lightning -- due to weak demand, elevated costs and regulatory changes, marking a significant shift in strategy as the industry grapples wi......

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Brussels, Belgium, Dec 16, 2025 (AFP) - Eurozone business activity growth slows in December: survey

2025-12-16 12:30:19

London, Dec 16, 2025 (AFP) - UK jobs data strengthens rate cut prospect

2025-12-16 12:30:19

Tokyo, Dec 16, 2025 (AFP) - Japan parliament enacts $118 bn extra budget

2025-12-16 12:00:50

Brussels, Belgium, Dec 16, 2025 (AFP) - Eurozone business activity growth slows in December: survey

2025-12-16 12:00:50

Beijing, Dec 16, 2025 (AFP) - China to impose anti-dumping duties on EU pork for five years

2025-12-16 12:00:50

2025-12-16 11:30:37

Zurich, Dec 16, 2025 (AFP) - Natural disasters caused $220 bn economic losses in 2025: Swiss Re

2025-12-16 11:30:37

Zurich, Dec 16, 2025 (AFP) - Economic losses from natural disasters down by a third in 2025: Swiss Re

2025-12-16 11:30:37

Beijing, Dec 16, 2025 (AFP) - China to impose anti-dumping EU pork duties for five years

2025-12-16 11:00:37

London, Dec 16, 2025 (AFP) - Brent oil price slumps below $60 on Ukraine deal hopes

2025-12-16 11:00:37

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb (left) and assistant coach Willem Mwedihanga during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 13 December 2025 - UNAM Football Club head coach Robert Nauseb (right) and assistant coach Willem Mwedihanga during Round 12 of the Namibia Premier Football League match against African Stars at the UNAM Stadium. The game ended 1-1 extending UNAM's unbeaten run to 12 matches during the 2025/26 Premier League Season. (Photo by: Hesron Kapanga) NAMPA

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