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GM incurs charge of $6B for EV cuts

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 U.S. market for EVs.

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 U.S. market for EVs.
The announcement Thursday brings the total … [4415 chars]

Source: Arkansas Online | Published: 2026-01-10T07:45:00Z

Credit: Arkansas Online

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