American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting ...
The U.S. electric vehicle market hasn't taken off as many had predicted. After years of government subsidies and prodding ...
GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 ...
The expected charge comes following the end of a $7,500 EV tax credit and slowing consumer demand.
General Motors emerges as the winning bet vs. Ford with robust SaaS monetization, higher adjusted EBIT margins, and lower EV ...
GM EV investment pullback intensifies as General Motors takes a $6 billion charge to unwind electric vehicle plans amid ...
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...
General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered ...
GM announces it will take another $6 billion in charges related to production cuts in electric vehicle and battery operations ...
The US automaker General Motors (including brands such as Cadillac and Chevrolet) is recording another billion-dollar ...