General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered ...
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 said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
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 has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV ...
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...
GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
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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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