GM to take $6 billion charge after EV pullback - Fast Company
2 days ago · GM to take $6 billion charge after EV pullback GM’s previous goal was to make the vast majority of the vehicles electric by 2035, and the entire company carbon neutral five years after that.
GM Writing Down Another $6B For Cutting EV Investments
2 days ago · GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV investments and agreements.
GM to take $6 billion writedown on EV pullback | Reuters
3 days ago · DETROIT, Jan 8 (Reuters) - General Motors (GM.N) said on Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from...
GM Takes $6 Billion EV Charge as Electric Vehicle Cutbacks Accelerate
2 days ago · GM said the new writedown lifts total EV-related charges to $7.6 billion, with additional China restructuring costs hitting fourth-quarter results.
GM Hit With $6 Billion in Charges as EV Incentives Cut and Emissions ...
2 days ago · 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.
GM takes $6 billion hit as cost of backing away from EVs
4 days ago · General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars. It comes on top of a $1.6 billion charge it disclosed in...
General Motors writes down $6 billion as domestic EV sales plans …
2 days ago · General Motors writes down $6 billion as domestic EV sales plans change Canceled contracts and scaled-back product plans turn out to be costly.
GM’s EV Backpedal Comes With a Billion-Dollar Price Tag
2 days ago · GM will take a $6 billion charge to unwind parts of its EV strategy, largely tied to canceled supplier contracts and reduced production expectations as U.S. EV demand cools. The writedown …
GM’s $6 Billion EV Pullback: How Shifting U.S. Policies Are Reshaping ...
3 days ago · General Motors announced on Thursday that it expects to take another $6 billion loss tied to its decision to scale back its electric vehicle ambitions. This comes on top of a $1.6 billion charge …
General Motors to take US$6-billion writedown on EV pullback
3 days ago · GM’s EV sales had started gaining traction in late 2024 after years of manufacturing setbacks. The company rolled out more lower-cost offerings, helping it reach No. 2 in sales behind …