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 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 ...
GM will record about $6 billion in EV-related charges tied to reduced production and supplier contract settlements. The writedown reflects weaker EV demand following the end of federal tax credits and ...
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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 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 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 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 October for changes ...
GM's $6 billion charge linked to EV investment reduction Most of the writedown tied to supplier payouts for canceled work GM is latest automaker to walk back EV plans after federal policy changes ...
DETROIT – General Motors on Monday reported a 6% increase in sales in 2025, with growth across multiple areas of its portfolio. GM was America’s full-size pickup leader for the sixth straight year, ...
Despite being given another mulligan from team ownership, New York Giants general manager Joe Schoen can’t be considered exempt from the mistakes that doomed yet another season filled with hope. But ...
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