GM takes $6 billion hit as cost of backing 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 on its electric vehicle plans.

GM reports $6 billion hit from now-unused EV investments

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 ...
GM Authority

GM EV Sales Dropped Significantly During Q4 2025

GM EV sales fell 42 percent to 25,219 units during Q4 2025 in the U.S., led by Chevy Equinox EV, Cadillac Lyriq, and GMC ...

GM sales slip in Q4, rise overall in 2025 thanks to gas trucks, SUVs

The Detroit automaker's EV sales fell in the fourth quarter as expected due to the loss of the tax credit, but rose overall ...
Electrek

GM remains #2 EV seller as Cadillac leads luxury market, Chevy Equinox sales near 58K

The higher sales are thanks to GM’s diverse lineup of electric vehicles across the Chevy, GMC, and Cadillac brands. GM ...

General Motors to Report $6B Charge from Electric Vehicle Review in 4Q

General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing capacity amid the end of a $7,500 EV tax credit and slowing consumer ...

GM takes another EV charge—and warns it won’t be the last

General Motors announced $6 billion in charges related to EV assets and programs, including $1.8 billion in non-cash charges.
Electrek

GM sold more than twice as many EVs in the US as Ford in 2025

Ford’s electric vehicle sales took a hit in 2025 after scaling back plans, including ending production of the F-150 ...