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GM takes $6 billion hit as cost of backing away from EVs

By Chris Isidore, CNN (CNN) — General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars. It comes on top of a $1.6 billion charge it disclosed in October for changes to its EV plans. It’s another sign of the significant cost

By Chris Isidore, CNN
(CNN) — General Motors on Thursday said it will lose another $6 billion as a result of its decision to pull back on electric cars.
It comes on top of a $1.6 billion charge it disclosed in October for changes to its EV plans.
It’… [2116 chars]

Source: ABC17News.com | Published: 2026-01-08T21:06:23Z

Credit: ABC17News.com

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