writedown
GM to take US$6 billion writedown on EV pullback
[ad_1] GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit[DETROIT] General Motors said on Thursday it would take a US$6...
Ford scales back EV ambitions, forecasts US$19.5 billion write-down
[ad_1] The company will focus on a family of smaller, affordable electric vehicles insteadFORD on Monday announced a major retreat from large electric vehicles, planning a write-off of about US$19.5...
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
[ad_1] They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty arbitration to dateMORE than 500 investors have started...