The Largest Write Off In Car Industry History

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📅 Published: 2026-02-06 11:33 📰 Source: Yahoo 📝 Words: 64

📝 Article Content

Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion because of the failure of its EV efforts, just after a $1.7 billion write-off for the same reason. The largest write-off in the history of car companies to date was GM’s $20.8 ... The Largest Write Off In Car Industry History

📄 Summary

Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion because of the failure of its EV efforts, just after a $1.7 billion write-off for the same reason. The largest write-off in the history of car companies to date was GM’s $20.8 ... The Largest Write Off In Car Industry History

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Created At: 2026-02-12 12:06:52
Updated At: 2026-02-12 12:06:52
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GM - General Motors Company Relevance: N/A
F - Ford Motor Company Relevance: N/A