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Detroit’s top carmaker just wrote down $7.6 billion on its EV business—and grew its market cap by the same amount. Here’s how GM did it | Fortune
“We continue to believe in EVs,” CEO Mary Barra told the Street. But GM also believes in free cash flow.
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cnbc.com
General Motors is set to report earnings before the bell. Here's what Wall Street expects amid major electric vehicle write-downs
GM plans to record $7.1 billion in special charges for the fourth quarter of 2025 related to its pullback in electric vehicles and restructuring in China.
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fortune.com
Detroit’s top carmaker just wrote down $7.6 billion on its EV business—and grew its market cap by the same amount. Here’s how GM did it |…
“We continue to believe in EVs,” CEO Mary Barra told the Street. But GM also believes in free cash flow.
