GM, EV
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General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back ...
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 ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
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 ...
American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
GM expects more losses in 2026 and faces increased competition in China’s automotive market.
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 ...
GM cuts the 2026 Chevy Equinox EV MSRP but raises freight charges, resulting in a net $300 price hike amid a sharp decline in ...
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