American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...
GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 ...
The U.S. electric vehicle market hasn't taken off as many had predicted. After years of government subsidies and prodding ...
The expected charge comes following the end of a $7,500 EV tax credit and slowing consumer demand.
General Motors emerges as the winning bet vs. Ford with robust SaaS monetization, higher adjusted EBIT margins, and lower EV ...
GM EV investment pullback intensifies as General Motors takes a $6 billion charge to unwind electric vehicle plans amid ...
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...
GM announces it will take another $6 billion in charges related to production cuts in electric vehicle and battery operations ...
The US automaker General Motors (including brands such as Cadillac and Chevrolet) is recording another billion-dollar ...
General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing capacity amid the end of a $7,500 EV tax credit and slowing consumer ...
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