It's the latest setback from GM (GM), which in October announced EV-related charges of $1.6 billion. The end of tax incentives for EVs late last year and a renewed focus from the Trump administration ...
DETROIT, Jan 8 (Reuters) - General Motors said on Thursday it would take a $6 billion charge to unwind some ...
GM is the latest car company to pull back from EVs in response to the Trump administration’s policies and fading demand.
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 ...
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery ...
Last April, President Donald Trump proclaimed Apr. 2 as Liberation Day and unveiled sweeping tariffs via an executive order.
While they are similar companies, Ford and GM are viewed very differently by analysts. More than 60% of sell-side analysts covering GM have buy ratings on the stock, compared with 17% of analysts ...
The oft-injured third baseman was owed $38 million in the final year of a $245 million deal as the Angels face other ...
Initially, all the class A notes will benefit from total hard credit enhancement that represents 6.10% of the note balance, ...
General Motors stock has outperformed rivals Ford and Tesla this year, thanks to strategies implemented by GM CEO Mary Barra.
The stock has soared more than 55% so far this year to a record price of more than $80 a share as of Friday’s close – setting ...
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