General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax ...
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 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 ...
GM expects more losses in 2026 and faces increased competition in China’s automotive market.
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 ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
Plus, China is seeking to increase its oversight on battery makers and the EVs set to break cover at the Brussel Motor show.
GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...
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 ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results