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GM Takes $6 Billion Hit Tied to Electric Vehicles

GM takes $6 billion hit tied to electric vehicles as demand sinks

GM also expects to record non-EV related charges of about $1.1 billion in the fourth quarter, the vehicle maker said Thursday. General Motors expects to incur a $6 billion charge in the fourth quarter from a review of its electric vehicle manufacturing capacity following the end of a $7,500 EV tax credit and slowing consumer demand.

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GM Takes $6 Billion EV Charge as Electric Vehicle Cutbacks Accelerate

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GM Hit With $6 Billion in Charges as EV Incentives Cut and Emissions Standards Fade

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GM says its bet on EVs made it bleed billions more, and the losses won't stop anytime soon

GM says it will take a $6 billion hit tied to scaling back its EV strategy in the US.

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GM becomes the latest carmaker to write down billions in pivot away from EVs

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GM to take $6 billion EV-related charge

1don MSN

GM takes $6 billion hit as cost of backing away from EVs

General Motors on Thursday said it will take an additional $6 billion hit against its earnings as result of it pulling back on its electric vehicle plans.

20hon MSN

GM to take $6 billion writedown on EV pullback

General Motors said on 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 policies and fading demand.

GM sales slip in Q4, rise overall in 2025 thanks to gas trucks, SUVs

The Detroit automaker's EV sales fell in the fourth quarter as expected due to the loss of the tax credit, but rose overall in 2025.

Electrek

GM remains #2 EV seller as Cadillac leads luxury market, Chevy Equinox sales near 58K

The higher sales are thanks to GM’s diverse lineup of electric vehicles across the Chevy, GMC, and Cadillac brands. GM claimed Cadillac was the best-selling luxury EV brand after sales rose 69% in 2025. However, that doesn’t include Tesla.

GM Authority

GM Writing Down Another $6 Billion For Cutting Back On EV Investments

GM has announced that it will write down another $6 billion charge as the result of its decision to pull back on certain EV investments and agreements.

Assembly Magazine

GM Takes $7 Billion Loss in Fourth Quarter

DETROIT—General Motors is the latest automaker to announce a big loss from its investments in electric vehicles.

Electrek

GM sold more than twice as many EVs in the US as Ford in 2025

Ford’s electric vehicle sales took a hit in 2025 after scaling back plans, including ending production of the F-150