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

GM's EV plans have been shaken due to the drastic policy differences between the Biden and Trump administrations.

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 ...

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 ...

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...

DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.

General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...

General Motors is taking a dramatic step by writing down $6 billion tied to its electric vehicle plans. The company is ...

General Motors is facing a $6 billion setback as its EV transition stalls, following the ending of the $7,500 consumer tax ...