GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

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

GM to take $6 billion charge after EV pullback

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

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 ...

General Motors writes down $6 billion as domestic EV sales plans change

American automakers who got overenthusiastic about electric vehicles continue to pay the price—literally. Yesterday, General ...

As EV Dream Fades, Ford — Not GM — Is the Auto Stock to Buy

General Motors (NYSE:GM) announced yesterday it was taking a $6 billion charge related to scaling back several electric ...
CBT News

GM scales back EV plans with a $6B EV writedown

GM will record a $6B EV writedown as demand cools, incentives end and production plans shift, while maintaining its broad U.S ...

Ticker: GM hit with $6 billion in charges as EV incentives cut; Lyft and Uber drivers protest Waymo robotaxis

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 ...
Cryptopolitan on MSN

General Motors is taking a $6 billion writedown as the company scales back production plans

Automakers like General Motors (GM) and Ford Motor are scaling back their production of electric vehicles due to weak ...
The American Bazaar

General Motors takes $7.6 billion hit on electric vehicle business

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