A new chapter in the unwinding of the American electric-vehicle business unfolded on Thursday.General Motors announced $6 ...
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 announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV ...
American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...
General Motors (NYSE:GM) announced yesterday it was taking a $6 billion charge related to scaling back several electric ...
DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.
GM records a $1.1 billion charge for restructuring its China joint venture amid broader EV investment cuts, reflecting market ...
General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back ...