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

Rival automaker Ford last month said it expected to take $19.5 billion in charges, mostly tied to its EV business. When it ...

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 becomes the latest carmaker to write down billions in pivot away from EVs

General Motors warns of yet another EV-related writedown, less than a month after rival Ford Motor announced its own ...

GM takes $6 billion hit as cost of backing away from EVs

General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.

General Motors Trumps Ford Amid EV Headwinds And Recurring SaaS Monetization

General Motors emerges as the winning bet vs. Ford with robust SaaS monetization, higher adjusted EBIT margins, and lower EV ...

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 to take additional $6 billion charge to EV business

GM will take an additional $6 billion charge to its EV business, the automaker said in an SEC filing posted after the bell on ...

GM's online used-vehicle marketplace lengthens warranties

GM created CarBravo in 2023 to appeal to the used market and compete with online dealerships such as Carvana Co. and CarMax ...

General Motors reports $7bn earnings loss after pulling back from EVs

GM says end of tax incentives and less stringent emissions regulations slowed consumer demand for EVs in 2025 ...