The Largest Write Off In Car Industry History
Strong Bearish
-100.0
Ford (NYSE: F) recently wrote off $19.5 billion due to the collapse of its EV business. GM (NYSE: GM) wrote off $6 billion because of the failure of its EV efforts, just after a $1.7 billion write-off for the same reason. The largest write-off in the history of car companies to date was GM’s $20.8 ... The Largest Write Off In Car Industry History
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
