GM's NEV sales in China near 1M units in 2025, topping half of deliveries as market share, joint-venture volumes, and new launches hit records.
Does General Motors (GM) have what it takes to be a top stock pick for momentum investors? Let's find out.
General Motors is moving into its fourth headquarters in Detroit. GM is occupying four of six office floors of a new building and has filled them with artifacts, design nods and "Easter eggs" tied to the Detroit automaker's history.
General Motors Co. will take another $6 billion in charges tied to production cutbacks in its electric vehicle and battery operations as the financial fallout spreads from the weakening US market for EVs. The announcement Thursday brings the total writedowns from GM's huge bet on battery-electric cars to $7.6 billion, following smaller charges revealed in October.
General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards.
General Motors (GM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
GM is absorbing $7.6B in EV-related charges in 2025 as it scales back plans, shifts capacity to trucks and refocuses on near-term profitability.
General Motors (GM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
General Motors Company (NYSE:GM) said Thursday it will record $7.1 billion in special charges for the fourth quarter of 2025, reflecting a pullback in its electric vehicle (EV) strategy and restructuring efforts tied to its operations in China. In a filing with the Securities and Exchange Commission (SEC), the Detroit automaker said approximately $6 billion of the charges are related to changes in its EV plans amid weakening demand in North America.
GM says it will take a $6 billion hit tied to scaling back its EV strategy in the US. The automaker warns that additional EV-related costs are likely in 2026 as supplier talks continue.
General Motors warns of yet another EV-related writedown, less than a month after rival Ford Motor announced its own multibillion-dollar charges related to fading demand for EVs.
GM is the latest car company to pull back from EVs in response to the Trump administration's policies and fading demand.