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

General Motors (NYSE: GM) is taking a $6 billion impairment charge tied to electric-vehicle investments that are no longer ...

The automaker cited slowing demand and the termination of consumer tax incentives for its shift away from EVs.

Plus, China is seeking to increase its oversight on battery makers and the EVs set to break cover at the Brussel Motor show.

US automotive company General Motors expects to book about $6bn in charges for the three months ended 31 December 2025.

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 ...

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

General Motors is shutting a $102 million auto plant and cutting 1,700 union jobs in a single stroke, a decision that has ...

Production at Flint Assembly will remain paused into late January, with thousands of workers idle and no clear explanation ...

SAIC-GM-Wuling has officially unveiled the new Baojun Huajing S PHEV, a large crossover that will serve as the brand’s ...

General Motors is executing a series of production adjustments that reveal deeper tensions within the automaker's strategy.

Ford and other carmakers must shift gears in their business plans away from EVs, a costly endeavor. Here is what it could ...