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 $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 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.

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 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 ...

General Motors Takes $6 Billion Hit as EV Strategy Faces Reality Check

GM EV investment pullback intensifies as General Motors takes a $6 billion charge to unwind electric vehicle plans amid ...

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 ...

GM reports $6 billion hit from now-unused EV investments

GM has been shaken by the end of a $7,500 tax credit for new EV buyers and lessees, plus a pullback on federal rules on ...