GM takes $6 billion hit as cost of backing away from EVs

General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back ...

GM takes $6 billion hit tied to electric vehicles as demand sinks

General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing ...

GM to take $7.1B hit from electric vehicle production changes, China restructuring

GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 ...

GM reports $6 billion hit from now-unused EV investments

GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on ...

General Motors writes down $6 billion as domestic EV sales plans change

American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...

GM says its bet on EVs made it bleed billions more, and the losses won't stop anytime soon

GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
GM Authority

GM Writing Down Another $6 Billion For Cutting Back On EV Investments

GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV ...

GM to take $6 billion writedown on EV pullback

General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
CBT News

GM scales back EV plans with a $6B EV writedown

GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
GM Authority

GM EV Sales Dropped Significantly During Q4 2025

GM EV sales fell 42 percent to 25,219 units during Q4 2025 in the U.S., led by Chevy Equinox EV, Cadillac Lyriq, and GMC ...
Steel Horse Rides on MSN

GM lays off 1,300+ workers as Factory Zero EV strategy falters

General Motors is cutting more than 1,300 jobs tied to its electric vehicle build-out, a stark reversal for a strategy that ...