DETROIT — Ford Motor is doubling planned outlays on electrified vehicles to $22 billion through 2025, as the company reported a $2.8 billion fourth-quarter loss due to costly product launches and significant one-time charges.
February 04, 2021 09:41 PM
Featured Stories
Ford cutting hundreds of connected-vehicle software jobs
The cuts amount to roughly 5% of the automaker’s connected-vehicle software team, which is under the purview of Doug Field, Ford’s chief EV, digital and design officer.
Latest News
Staying current is easy with newsletters delivered straight to your inbox.
Staying current is easy with newsletters delivered straight to your inbox.
