Rival automaker Ford last month said it expected to take $19.5 billion in charges, mostly tied to its EV business. When it ...

General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars. It ...

One of the most successful car brands in the world has announced a huge $6billion (£4.5billion) hit to the business to axe ...

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 ...

American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General Motors told investors that building and selling fewer EVs will cost the ...

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 has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on ...

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...

SAIC-GM has revealed a teaser image of its upcoming Buick Electra NEV crossover, which will join the brand’s lineup of new ...

Genesis said its first “adventure vehicle concept,” as it calls it, brings refinement to the rugged world of overlanding. The concept featured a rugged yet minimalist new look, with trail-ready ...

GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.