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 begins massive layoffs at critical EV plant

GM also shared that it would reduce production at the factory to one shift. But its EV production rightsizing didn't end ...
domain-b.com

GM to Take $6 Billion Writedown as It Scales Back EV Ambitions Amid Policy Shift

GM announces a $6 billion writedown tied to scaling back EV production and canceling supplier contracts amid shifting demand ...

GM's 'Factory of the Future' Cuts to Half Capacity — Workers Say Union 'Not Doing Anything for Us'

General Motors' Factory Zero resumes single-shift production today after permanently laying off 1,140 workers. Employees say ...
WFMJ

Ultium Cells cuts 1,300 jobs at Lordstown plant

LORDSTOWN, Ohio - A workforce reduction began today at the Ultium Cells battery manufacturing plant in Lordstown. The company ...
GM Authority

GM Slashes More EV Production At Factory Zero Plant, Cutting Nearly 2,000 Jobs

GM is making a series of job cuts at its Factory Zero assembly plant near Detroit, resulting in the loss of nearly 2,000 jobs across several U.S. facilities. The move follows ...
Just Auto

GM to cut US EV and battery jobs amid weaker demand

GM is planning to halt production at its battery cell plants in Ohio and Tennessee beginning in early 2026. Credit: Linda Parton/Shutterstock.com. General Motors (GM) is set to reduce its US ...
The Business Times

GM to take US$6 billion writedown on EV pullback

GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit Read more at The Business ...