General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax ...

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 said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 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 ...

The automotive sector kicked off 2026 with strong momentum as Polestar posted a record year, Tesla logged its best-ever sales ...

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

GM expects more losses in 2026 and faces increased competition in China’s automotive market.

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

The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...

GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...

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

The Tesla Model 3 and Model Y are still untouchable. But the Ford Mustang Mach-E, Chevy Equinox EV and Hyundai Ioniq 5 are ...