GM takes another EV charge—and warns it won’t be last
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General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
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 expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing ...
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 said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
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 ...
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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 ...
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