GM to take $6 billion writedown on EV pullback

General Motors plans to take a $6 billion charge to unwind some of its electric-vehicle investments, the latest carmaker to ...
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 ...
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 $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 ...
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 ...
The Oakland Press

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

The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...

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 to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring

GM's announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market ...