Ford says it is "following the customer" in discontinuing its large electric pickup, which was well-received but never profitable. Ford will keep the Lightning name alive as a plug-in hybrid.

The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market.

Ford stock was rising. The company is taking $19.5 billion in charges related to its EV investments as it tries to follow consumer trends.

Steve Westly, founder and managing partner at The Westly Group and former Tesla board member, joins 'Money Movers' to discuss Ford's shift away from all-electric vehicles, the global auto market, and more.

Ford Motor Company this week announced a new business plan that includes new American-made vehicles and a focused battery energy storage business. The

The auto manufacturer will begin producing gas-powered Built Ford Tough truck models at its renamed Tennessee Truck Plant in 2029.

December 17 is set to be the last day of work at the Louisville Assembly Plant as it prepares to shut down for an extended time period for retooling, Courier Journal first reported on Monday. That means it’s time to bid adieu to the Ford Escape and Lincoln Corsair crossovers, whose production will end this week.

The Detroit auto giant said on Monday it would pull back from electric vehicles in a move that would cost the company nearly $20 billion.