GM Takes $6 Billion EV Writedown as Electric Vehicle Market Cools
General Motors (GM) announces $6 billion in EV-related charges as demand weakens and Trump eliminates tax credits, joining Ford in massive electric vehicle pullback.
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Piper Sandler Upgrades Ford, GM, and Stellantis Stocks
Piper Sandler upgraded Ford, GM, and Stellantis to Overweight, raising price targets and highlighting improved strategy, cash flow strength, and upside potential through 2026–2027.
Ford Shifts Focus from EVs to Hybrids and Extended-Range Vehicles
Ford is pivoting from all-electric vehicles to hybrids and extended-range EVs, aiming for affordability, profitability, and a stronger market presence by 2029.
Ford EV Sales Plunge 61% as Tax Credits End
Ford reports 61% drop in electric vehicle sales for November 2025 after federal tax credits expired, while overall U.S. auto sales slip nearly 1%.
Ford Sees No Impact to EBITDA, FCF from Recent Novelis Fire
Ford and Novelis provide update on Oswego aluminum plant fire. Operations resume quickly with no injuries reported. Ford maintains 2025 financial guidance.
Ford: Fire Hits Novelis Aluminum Plant in Scriba, NY Again
A four-alarm fire struck the Novelis plant in Scriba, NY. It’s the third fire there in two months, and the plant is crucial to automakers like Ford, which could face major losses.