GM takes $6 billion hit as cost of backing away from EVs

General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back ...
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 ...

GM's Multi-Billion-Dollar EV Loss Was Even Worse Than Ford's

Two-thirds of Detroit's Big Three have just learned the hard way that over-investing in electric vehicle technology before ...
GM Authority

GM EV Sales Dropped Significantly During Q4 2025

GM EV sales fell 42 percent to 25,219 units during Q4 2025 in the U.S., led by Chevy Equinox EV, Cadillac Lyriq, and GMC ...

General Motors writes down $6 billion as domestic EV sales plans change

American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...

GM to take $6 billion writedown on EV pullback

General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...

GM Takes A $6 Billion Hit Thanks To EV Policy Whiplash

Plus, China is seeking to increase its oversight on battery makers and the EVs set to break cover at the Brussel Motor show.

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.
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 ...