GM takes massive $7.2B charge to realign electric vehicle strategy following Trump administration policy changes and declining consumer demand for EVs.
GM projected last May that President Donald Trump's tariffs on imported vehicles and parts would cost the company $5 billion in 2025. But thanks to the company's 'self-help' reorganizing, GM said it ...
GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 earnings.
General Motors is executing a series of production adjustments that reveal deeper tensions within the automaker's strategy. While two major assembly plants face extended shutdowns stretching into 2026 ...
By Nora Eckert and Kalea Hall DETROIT, Jan 12 (Reuters) - General Motors CEO Mary Barra said the Trump administration’s push ...