GM details charges from EV rightsizing General Motors shifted a non-cash impairment charge of $1.2 billion to the third quarter as it is in the process of changing its manufacturing capacity. The ...

General Motors will record a negative impact of 1.6 billion dollars (£1.2 billion) in its next quarter after tax incentives for electric vehicles (EVs) were slashed by the US and rules governing ...

General Motors (NYSE:GM) is scheduled to announce Q3 earnings results on Tuesday, October 21st, before market open. Wall Street, on average, expects the automobile company to post a quarterly EPS of ...

General Motors Co. on Tuesday reported that it sunk roughly $1.6 billion into electric vehicle manufacturing capacity that it no longer is using because of shifting federal auto policies under ...

TOLEDO, Ohio — General Motors (GM) is removing all of its electrical vehicle (EV) production technology from its Toledo Propulsions Systems facility on Alexis Road, according to UAW Local 14 President ...

General Motors said Wednesday it’s planning to cut more than 3,300 jobs across three states as the electric vehicle industry adjusts to new polices under President Trump. The company said about 1,200 ...

The U.S. EV market has had a record-setting 2025. But new information from General Motors GM shows just how precarious the industry's perch is. However, there are some concerns underneath all of that ...