General Motors to incur impairment charges

GM takes an additional $7.1B charge tied to reduced EV capacity, Chinese business

General Motors (GM) will take an additional $7.1B charge tied to the decision to scale back its EV production and Chinese operations, in addition to the $1.6B charge that the company previously recorded in the three months ended September 30.

Stocktwits on MSN · 4d

General Motors incurs $7.1B in charges in Q4 pertaining to EV, China businesses

· 4d · on MSN

GM to record $7.1 billion in fourth-quarter charges due to EV pullback, China restructuring

Seeking Alpha

General Motors to take $1.6B charge to adjust to expected EV slowdown

General Motors Company (NYSE:GM) is reassessing its electric vehicle capacity and manufacturing footprint following recent U.S. government policy changes, according to a regulatory filing. The ...

the deep dive

GM Books $6B EV Impairment, Pivots Orion To ICE

General Motors (NYSE: GM) is taking a $6 billion impairment charge tied to electric-vehicle investments that are no longer ...

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