General Motors Co. on Thursday disclosed another $6 billion hit from unprofitable electric vehicle investments. GM reported the loss to the Securities and Exchange Commission as what’s known as an impairment charge. Impairment charges reflect assets that are not expected to bring in profits as initially expected. Along with other EV makers, GM has been shaken by Republicans’ removal of a …
General Motors Co. on Thursday disclosed another $6 billion hit from unprofitable electric vehicle investments.
GM reported the loss to the Securities and Exchange Commission as what’s known as an impairment charge. Impairment charges reflect assets … [1220 chars]
Source: Spokane Spokesman-Review | Published: 2026-01-08T14:42:00Z
Credit: Spokane Spokesman-Review
