General Motors (GM) will take an additional $6 billion charge to its EV business, the automaker said in an SEC filing posted after the bell on Thursday. This comes after softer-than-expected demand ...

Ford’s answer comes in two closely related flavors. The Predator, famed for its role in the Shelby GT500 and now the 815-horsepower Mustang GTD, is a high-strung, high-revving powerhouse built for ...

General Motors Co. on Thursday disclosed another $6 billion hit from unprofitable electric vehicle investments. GM reported the loss to the Securities and Exchange Commission as what's known as an ...

General Motors will be hit with charges of about $6 billion in its fourth quarter after sales of electric vehicles sputtered when the U.S. cut tax incentives to buy them and also eased auto emissions ...

General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for ...

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 ...

Good morning! It's Friday, January 9, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. This is where you'll find the most ...

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 ...

General Motors said Thursday it would take a $6 billion charge to unwind some electric-vehicle investments, the latest car company to pull back from EVs in response to the Trump administration’s ...

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.