Story perspectives

Ford Writes Down $19.5 B EV Business, Shifts to Gasoline

7/4/2026

Summary

Story summary

Ford announced a $19.5 billion write-down for its electric-vehicle business and a shift to gasoline powertrains.
U.S. pure electric vehicle sales fell 40.7 percent YoY in Q2 while deliveries slipped to 549,200 units.
Aluminum shortage after two supplier fires cut F-Series production, helping cause a 10 percent drop in overall U.S. vehicle sales.
Despite an 11 percent volume decline in Q2, F-Series market share rose to 12.3 percent, a 0.2-point gain.

1 of 1

Story summary

Ford announced a $19.5 billion write-down for its electric-vehicle business and a shift to gasoline powertrains.
U.S. pure electric vehicle sales fell 40.7 percent YoY in Q2 while deliveries slipped to 549,200 units.
Aluminum shortage after two supplier fires cut F-Series production, helping cause a 10 percent drop in overall U.S. vehicle sales.
Despite an 11 percent volume decline in Q2, F-Series market share rose to 12.3 percent, a 0.2-point gain.