Ford is expecting to take a hit of $19.5 billion after scrapping the flagship electric pick-up truck, F-150, along with a ...

Ford Motor 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 retreat from battery-powered ...

Ford didn't exactly catch lightning in a bottle, and is now axing its electric F-150 pickup after just a few years in favour of an EREV with a petrol engine.