General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered ...
DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.
CNBC's Phil LeBeau joins 'Squawk on the Street' to discuss automaker General Motors $7.1 billion impairment charge in Q4, ...
General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards. Shares slid ...
GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.
GM records a $1.1 billion charge for restructuring its China joint venture amid broader EV investment cuts, reflecting market ...
The charge includes a $4.2 billion cash impact, which covers fees for broken contracts and settlements with suppliers who had ...
Shares of GM moved higher on Thursday after Piper Sandler upgraded General Motors stock from Neutral to Overweight while ...
GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...
GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 ...
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...
American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...
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