Detroit Automakers Take $50 Billion Hit as EV Bubble Bursts
1 day ago · Detroit Automakers Take $50 Billion Hit as EV Bubble Bursts Companies are taking big losses and making moves to reduce electric-vehicle capacity amid regulatory changes and cooling …
Biden's Insane EV Policies Sparked A $50 Billion Disaster For ...
4 hours ago · Biden's Insane EV Policies Sparked A $50 Billion Disaster For Detroit Automakers Federal meddling backfires as Ford and GM bleed cash over unwanted cars.
Big 3 automakers take $52.1 billion hit from EV pivot
Feb 6, 2026 · The massive bill for the Big Three's EV pivot has come due to the tune of $52.1 billion. To put it in perspective, in 2024, the three automakers totaled $34.1 billion in profits for the year ...
Detroit’s $50B EV Reckoning: The Grand Gamble Unravels
4 hours ago · The Detroit Big Three — GM, Ford, and Stellantis — have reportedly racked up more than a combined $50 billion in write-downs tied to EV investments
EV reset costs Detroit's Big Three carmakers over $50B
1 day ago · Detroit's Big Three automakers have posted more than $50 billion in combined write-downs amid efforts to scale back their electric-vehicle businesses, following the September expiry of a …
Stellantis takes $26 billion hit on EV strategy shift - USA TODAY
Feb 6, 2026 · Stellantis announced it is taking a $26 billion (22 billion euro) hit as it shuffles its electrification strategy, posting the largest write-down on EVs of the Detroit Three automakers.
How Legacy Automakers Torched $53 Billion On EVs They’ll ...
4 days ago · Together, Detroit's Big Three have now destroyed more than $53 billion in shareholder value unwinding EV bets that never paid off. If you own a mutual fund, a target-date retirement fund, …