General Motors announced it will take a $6 billion charge related to scaling back its electric vehicle investments, ...

GM said it would record about $6 billion in fourth-quarter charges tied to scaling back EV plans in the US.

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan. REUTERS/Rebecca Cook NEW ...

General Motors said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car ...

DETROIT >> General Motors said today it would take a $6 billion ‌charge to unwind some electric-vehicle investments, the ...

GM had been among the most aggressive legacy automakers in betting on a battery-powered future, at one point signaling plans ...

Rival automaker Ford last month said it expected to take $19.5 billion in charges, mostly tied to its EV business. When it ...

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 ...

Michigan's electric vehicle owners are facing a significant increase in registration fees, making them the highest in the ...

GM is the latest car company to pull back from EVs in response to the Trump administration’s policies and fading demand.

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 said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 ...