In the past few days, General Motors said it will record about US$7.10 billion in special charges as it scales back parts of ...
General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back ...
General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...
The Detroit automaker's EV sales fell in the fourth quarter as expected due to the loss of the tax credit, but rose overall ...
DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.
General Motors is relaunching GMC as en EV-only truck brand in South Korea, where the automaker will introduce the Hummer EV ...
Electric pickup trucks have been developed into a major competitive arena in the automotive industry within a short time ...
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 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 ...
GM set EV sales records in 2025, but a sharp late-year slowdown shows that EV demand is cooling a lot faster than many have ...
I took a quick end-of-year look through my 2025 notes, news and prognostication about the auto business, particularly the ...