GM hit with $6 billion in charges as EV incentives cut and emissions standards fade

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…

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.
Shares slid about 2% before the opening bell Friday.
The charges … [2089 chars]

Source: WTOP | Published: 2026-01-09T13:00:04Z

Credit: WTOP