Electric-vehicle sales in America simply haven’t materialized as fast as car companies expected a few years ago. That’s leading to some financial pain for General Motors, if not its stock.
Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. Energy Secretary Chris Wright listens as President ...
GM's $1.6 billion charge linked to EV capacity adjustments GM may incur further charges due to capacity reassessment Automaker expects EV adoption to slow Oct 14 (Reuters) - General Motors (GM.N), ...
General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's EV tax credit is ...
Oct 14 (Reuters) - Indian software services provider Infosys (INFY.NS), opens new tab said on Tuesday it has received a contract worth 1.2 billion pounds ($1.59 billion) from UK's National Health ...
General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ...
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