Detroit Automakers Take $50 Billion Hit

Slashdot
By msmashFeb 13, 2026, 6:30 pm351 ptsTop
The Detroit Big Three -- General Motors, Ford and Stellantis -- have collectively announced more than $50 billion in write-downs on their electric-vehicle businesses after years of aggressive investment into a transition that, even before Republican lawmakers abolished a $7,500 federal tax credit last fall, was…

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