A new chapter in the unwinding of the American electric-vehicle business unfolded on Thursday.General Motors announced $6 ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered ...
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 said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
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 will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing ...
Plus, China is seeking to increase its oversight on battery makers and the EVs set to break cover at the Brussel Motor show.
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...