The automaker cited slowing demand and the termination of consumer tax incentives for its shift 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 ...
GlobalData on MSN
GM to take $6bn charge after EV strategy reset
The expected charges follow a strategic review announced in October 2025, as the automaker adjusted its EV capacity and ...
Production at Flint Assembly will remain paused into late January, with thousands of workers idle and no clear explanation ...
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 ...
These are trying times for automotive bean counters in Detroit: Ford is recording $19.5 billion in losses and killed off the ...
SAIC-GM-Wuling has officially unveiled the new Baojun Huajing S PHEV, a large crossover that will serve as the brand’s ...
Steel Horse Rides on MSN
GM kills $102 million factory, triggering 1,700 layoffs that rock a Midwest town
General Motors is shutting a $102 million auto plant and cutting 1,700 union jobs in a single stroke, a decision that has ...
General Motors is executing a series of production adjustments that reveal deeper tensions within the automaker's strategy.
A Texas-based tuner dynoed the C8 Chevrolet Corvette ZR1 and achieved very different numbers from the factory rating of the ...
The surprising story of the Willys Go-Devil engine, the powerhouse behind the iconic WWII Jeep. This 4-cylinder saved lives ...
1hon MSN
Daily on Energy: Quote of the week, Venezuela meeting at White House, and Meta invests in nuclear
Good afternoon and happy Friday, Daily on Energy, readers! We are wrapping up the first full week of 2026, and it's been a ...
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