GM takes $6 billion hit tied to electric vehicles as demand sinks

GM also expects to record non-EV related charges of about $1.1 billion in the fourth quarter, the vehicle maker said Thursday ...

GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

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

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 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 ...

GM Takes $6 Billion EV Charge as Electric Vehicle Cutbacks Accelerate

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

The GM EV1 Program Ended in Controversy, but Leasing One Was a Truly Amazing Experience

The people who fought tooth and nail to prevent their EV1s from being crushed didn't do it for no reason. It truly was a once ...

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 ...
Regtechtimes on MSN

General Motors takes $6 billion hit as electric vehicle ambitions collide with reality

General Motors is taking a dramatic step by writing down $6 billion tied to its electric vehicle plans. The company is ...
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’s Multi-Billion-Dollar EV Loss Was Even Worse Than Ford’s

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