General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered ...
GM expects more losses in 2026 and faces increased competition in China’s automotive market.
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 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 ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV ...
American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...
GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
The Tesla Model 3 and Model Y are still untouchable. But the Ford Mustang Mach-E, Chevy Equinox EV and Hyundai Ioniq 5 are ...
GM records a $1.1 billion charge for restructuring its China joint venture amid broader EV investment cuts, reflecting market ...
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