Detroit automakers take $50 billion hit as EV bubble bursts - MSN
Following years of investments into EV technology, the Detroit Big Three—General Motors, Ford Motor and Jeep-maker Stellantis have announced more than $50 billion in combined write-downs.
Big 3 automakers take $52.1 billion hit from EV pivot
Feb 6, 2026 · The massive bill for the Big Three's EV pivot has come due to the tune of $52.1 billion. To put it in perspective, in 2024, the three automakers totaled $34.1 billion in profits for the year ...
Ford retreats from EVs, takes $19.5 billion charge as Trump ...
Dec 15 (Reuters) - Ford Motor (F.N) said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's...
Detroit Automakers Take $50 Billion Hit - Slashdot
1 day ago · The Detroit Big Three -- General Motors, Ford and Stellantis -- have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of aggressive …
Stellantis $26 billion hit overhauling its business - CNBC
Feb 6, 2026 · Stellantis said it expects to take a 22-billion-euro ($26 billion) as it overhauls its business to accelerate the rollout of electric and hybrid vehicles.
Ford To Take $19.5 Billion Hit On E.V. Pullback - Forbes
Dec 16, 2025 · Ford said it expects to take a $19.5 billion hit over the next two years as it pivots away from electric vehicles due to reduced demand and reduced profitability of the models.
Detroit Automakers Take $50 Billion Hit - technewstube.com
The Detroit Big Three -- General Motors, Ford and Stellantis -- have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of…