GM takes another EV charge—and warns it won’t be the last

A new chapter in the unwinding of the American electric-vehicle business unfolded on Thursday.General Motors announced $6 ...

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 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.
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 $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 ...

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 ...
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 ...

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.
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 ...
24/7 Wall St. on MSN

As EV Dream Fades, Ford — Not GM — Is the Auto Stock to Buy

General Motors (NYSE:GM) announced yesterday it was taking a $6 billion charge related to scaling back several electric ...
Steel Horse Rides on MSN

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 ...