GM is the latest car company to pull back from EVs in response to the Trump administration's policies and fading demand.
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.
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.
General Motors will record $7.1 billion in special charges during Q4 2025 related to its pullback in electric vehicles and restructuring efforts in China. GM is set to report its fourth-quarter results on Jan. 27.
Shares of Ford and GM have logged nice gains in the past year, and Piper Sandler says that capitulations on EVs bode well for their performance going forward.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In 2025, GM and F faced numerous headwinds from tariffs, EV demand destruction, and impairment charges, but notably diverged in mitigation strategies. GM emerges as the winning bet with robust SaaS monetization, higher adj EBIT margins, and lower EV impairment costs, albeit with elevated tariff exposure. GM offers a robust capital appreciation prospect to $101, warranting an upgraded Buy rating upon a moderate retracement attributed to the overbought technical indicators.
NVDA, GM, and MCY stand out as momentum picks after short-term dips, despite strong 12-month gains and bullish setups.
GM's Q4 U.S. sales fall 7% Y/Y as EV deliveries slid 43% after a tax-credit pull-forward, even as the automaker leads the market in 2025.
General Motors (GM) reached $82.18 at the closing of the latest trading day, reflecting a -1.17% change compared to its last close.
GM led U.S. auto sales in 2025 as full-year deliveries rose 5.5%, even as Q4 sales and EV volumes dipped after a strong third quarter.
General Motors (GM) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.