Ford and GM Take Yet Another Gut Punch Amid Bumpy 2025

2025 hasn't exactly been kind to the automotive industry as automakers grapple with sluggish electric vehicle (EV) sales (and hefty losses associated with them currently), a reduction in emissions standards, and the implementation of tariffs on imported vehicles and auto parts, among other unfavorable developments.When it rains it pours, and General Motors (NYSE: GM) just announced a significant $1.6 billion charge due to changing EV dynamics -- and Ford Motor Company (NYSE: F) has a billion-dollar problem of its own.Investors knew that the U.S. EV market was sluggish and headed for an even steeper slowdown during the fourth quarter without the valuable $7,500 federal tax credit on EV purchases. Investors also knew automakers were altering their strategies left and right, including reductions in EV development, plant delays, and vehicle launch postponements, among other things.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool