electric vehicles
GM raises the white flag – it’s next 5 vehicles will be designed and engineered by Hyundai
Photo below - GM is partnering with Hyundai to counter Ford's brilliant "Open, Safe, and Sanitized down by the river" marketing campaign. Is this a “sell-sell sell” signal, Jim Cramer? GM is pivoting to Hyundai for at least 5 of its new vehicles.... $20 billion write-off. Did Ford destroy its future by “investing billions based on assumptions that vanished”?
Just before midnight, as 2025 ended, Ford wrote off $20 billion in losses for its cornucopia of failed EV programs. Cancelled plants, cancelled vehicles, cancelled battery production, termination of workers....