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GM to Take $1.6 Billion Charge as Tax Credit Blow Muddies EV Plans

(Reuters) -General Motors said on Tuesday it would take a $1.6 billion charge in the third quarter as it reshapes its electric vehicle strategy following the scrapping of a key federal incentive that ... Read More
GM hits $1.6 billion charge as EV strategy falters

General Motors (GM) is set to incur a substantial $1.6 billion charge in its third-quarter results of 2025, a move approved by its audit committee on October 7. This charge comprises $1.2 billion in ... Read More
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