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GM to take $1.6 billion charge related to EV pullback
GM's EV charges comes more than a year after crosstown rival Ford Motor announced a $1.9 billion impact from changing its EV plans.
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cnbc.com
GM to take $1.6 billion charge related to EV pullback
GM's EV charges comes more than a year after crosstown rival Ford Motor announced a $1.9 billion impact from changing its EV plans.
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arstechnica.com
GM’s EV push will cost it $1.6 billion in Q3 with end of the tax credit
With EV demand predicted to plummet, GM has rejiggered its production plans.
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upi.com
GM to record $1billion dent amid EV scale-back - UPI.com
Detroit-based General Motors will take a billion-dollar financial loss in its third-quarter over GM's electric vehicle program after a shift in U.S. policy.
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aljazeera.com
GM takes $1.6bn hit as EV tax credit expires in US
The EV tax incentive was scrapped as part of US President Donald Trump’s mega tax bill passed earlier this year.
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Tesla demand in focus after Trump policies lead GM, Ford to retreat from EV ambitions
When Tesla reports earnings next week, many investors will be paying close attention to any commentary on electric vehicle demand.